Dividend stocks: HUL, three other stocks to trade ex-dividend today — June 19

Dividend stocks: Amid expectations of Indian stock market to extend its participatory rally this week as well, market observers and investors would be keen on other avenues for revenue, which includes dividends. For such market enthusiasts, there is a piece of stock market news today as four stocks including Hindustan Unilever Ltd or HUL are going to trade ex-dividend today. Other three dividend paying stocks are Futuristic Solutions, Craftsman Automation and Automobile Corp Of Goa Ltd or ACGL. The borad of directors of these companies have announced final dividend and fixed record date for these final dividend payment on 19th June 2023.

Here we list out full details in regard to those dividend stocks:

Hindustan Unilever Ltd or HUL: The board of directors of HUL has declared final dividend of ₹22 per share for the financial year 2022-23.

Hindustan Unilever Ltd informed Indian stock market exchanges about the final dividend citing, "The Board at their meeting held on 27th April, 2023, recommended a final dividend of Rs. 22/- for the financial year ended 31st March, 2023 on Equity Shares of Re. 1/- each. The Company had earlier paid an interim dividend of Rs. 17/- per share on 17th November, 2022. The total dividend for the said period amounts to Rs. 39/- per Equity Share of face value of Re. 1/- each."

Futuristic Solutions: The board of directors of the company has fixed Re 1 per share final dividend and it fixed 19th June as record date for this 10% final dividend payment to the eligible shareholders of the company.

Craftsman Automation: This mid-cap company has announced final dividend of ₹11.25 per share fixing record date for this final dividend payment on 19th June 2023.

Mid-cap company informed about the dividend payment citing, "We wish to inform that the Board of Directors of the Company at its meeting held on Monday, the 8th May, 2023 has, inter alia, approved and recommended a final dividend of ₹11.25/- per equity share of Rs.5/- each (225%) for the financial year ended 31st March, 2023, subject to the approval of shareholders at the 37th Annual General Meeting (AGM). In this regard, pursuant to Regulation 42 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements), Regulations, 2015, the Register of Members of the Company will be closed from Tuesday, 20th June, 2023 to Monday 26th June, 2023 (both days inclusive) and the record date for the purpose of determining the eligibility of the equity shareholders for the dividend will be Monday, 26th June, 2023. Further, the dividend, if approved by shareholders will be paid/dispatched to the shareholders within 30 days from the date of approval by the shareholders at the 37th AGM."

Automobile Corp Of Goa Ltd or ACGL: This small-cap auto company has declared final dividend of ₹15 per share for the financial year 2022-23. The board of directors of the company has fixed 19th June 2023 as record date for finalising the eligible shareholders for payment of this 150 per cent final dividend payment.