Shares of Aditya Vision, a multi-brand consumer electronics retail chain and a stock in Ashish Kacholia's portfolio, are going to trade ex-dividend today. The company's board has announced a special dividend of Rs 5.10 per equity share. Ashish Kacholia holds a 1.9% stake in Aditya Vision. Over the past five years, Aditya Vision's shares have provided a multibagger return of over 6300%. The payment date for the dividend has not been announced yet. Aditya Vision's share price history shows significant returns over different time periods.
During the fourth quarter earnings season, several companies declared dividends for the financial year 2024. Bharti Airtel declared a final dividend of Rs 8 per share on May 14. Mahindra & Mahindra announced a dividend of Rs 21 per share along with its Q4 results. DLF declared a dividend of Rs 5 per share. Vedanta approved its first interim dividend for FY25 of Rs 11 per share. JSPL announced a dividend of Rs 2 per share. Shree Cement declared a dividend of Rs 55 per share. Info Edge declared a dividend of Rs 12 per share on May 16. The dividends ranged from Rs 2 to Rs 55 per share.
Several companies, including 3M India and M&M, are expected to trade ex-dividend this week. Dividends are paid to shareholders whose names appear in the company's database on the record date. The record date and ex-dividend date are typically the same, and shareholders who purchase the stock at least one day before the ex-date are eligible for dividends. 3M India has announced a final dividend of Rs 160 per share along with a special dividend of Rs 525 per share, with the record date set for July 5th. M&M has announced a dividend of Rs 21.10 per share, with the ex-date set for July 5th. Other companies on the list include Tata Communications, Geojit Financial Services, Jyothy Labs, and Bharat Forge.