August 31, 2022 by admin

3 Companies Offering Upto 500% Dividend: See If You Own Stocks

The dividend is known as a reward, which can be offered by a listed company to its shareholders, after making significant profits in a fiscal.

Here, 3 companies are offering up to 500% dividends, record date soon, check details.

Vedant Fashions
The company is offering a final dividend of 500%, its ex-date is on August 30, 2022.

The current market price of the company closed at Rs. 1,284 gaining by 1.15%, on August 30. In the last 1 month its share price gained by 12.82%, in the last 6 months its share price gained by 45.39%, in the last 1 year its share price gained by 37.54%, and in the last 5 years its share price gained by 41.66%.

The 52-week high level of this stock is Rs. 1,325, and the 52-week low level of this stock is Rs. 790.20. This large-cap company has a market capitalization of Rs. 31,246 crore.

Company profile: Vedant Fashions

Under the umbrella of Vedant Fashions Limited, the company introduced Mohey, Indian wedding and celebration wear for women, in 2015 and acquired one of the biggest fashion brands in southern India, Mebaz, in 2018, a one-stop heritage brand catering to the entire family, with an established presence in the states of Andhra Pradesh and Telangana. Manyavar, one of its biggest brands has a presence of above 600 stores in over 200 cities and 3 countries with 11 international stores in UAE and the USA.

Bengal & Assam Company Ltd.

Bengal and Assam Company Ltd. is offering a final dividend of 150%, its ex-date is on August 30, 2022.

The current market price of the company closed at Rs. 2,837.55 gaining by 0.80%, on August 30. In the last 1 month its share price gained by 0.90%, in the last 6 months its share price gained by 12.98%, in the last 1 year its share price gained by 28.73%, and in the last 5 years its share price gained by 63.67%. The 52-week high level of this stock is Rs. 3,000, and the 52-week low level of this stock is Rs. 1,913.05.

Company profile: Bengal & Assam Co.

Bengal & Assam Company Limited, based in Kolkata, is an Investment Company and is duly registered as an NBFC with the Reserve Bank of India, New Delhi. Its 15 subsidiaries marked a total revenue of Rs. 4,06,121 Lakhs, total net profit after tax stood at Rs. 6,082 Lakh and total comprehensive income (loss) of Rs. 7,501 lakh for the quarter ended Q1 FY23.

It is a small-cap company with a market capitalization of Rs. 3,172 crore.

Benares Hotels

Benares Hotels is offering a final dividend of 100%, its ex-date is on August 30, 2022.

The current market price of the company closed at Rs. 2,294.95 gaining by 2.45%, on August 30. In the last 1 month its share price gained by 4.32%, in the last 6 months its share price gained by 28.21%, in the last 1 year its share price gained by 48.68%, and in the last 5 years its share price gained by 101.35%, making it a multibagger stock. The 52-week high level of this stock is Rs. 2,629, and the 52-week low level of this stock is Rs. 1,503.

Company profile: Benares Hotels

Benares Hotels Limited is a listed public limited company incorporated in 1971. The Company operates its hotels, viz. Taj Ganges and Nadesar Palace in Varanasi and The Gateway Hotel, Gondia in Maharashtra. The Company became a subsidiary of The Indian Hotels Company Limited in 2011. While Taj Ganges and Nadesar Palace at Varanasi has 144 rooms and suits, The Gateway Hotel at Gondia has 34 rooms.

It is a small-cap company with a market capitalization of Rs. 298 crore.

Disclaimer

Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution. Greynium Information Technologies, and the author are not liable for any losses caused as a result of decisions based on the article. This article only incorporates the recent stock-related information about the companies.