Dividend Stocks: Today, let’s focus on two companies in the stock market, Angel One and MAS Financial Services Limited, as they are giving dividends to their investors.
These stocks will be traded as ex-dividend stocks today, which is Tuesday. Let’s learn more about these dividend-giving stocks.
Angel One
The company has decided to give a dividend of Rs 12.70 on one share. They announced this as the third interim dividend for the financial year 2023-24.
The record date for the dividend is January 23, which is today. The company will pay the dividend to eligible investors before February 14.
The company performed well in the December quarter, making a net profit of Rs 260.30 crore, which is 14 percent more on an annual basis.
In the last 6 months, the company’s share prices increased by 103 percent, meaning that the money of investors who held onto the stocks more than doubled during this period.
MAS Financial Services
This company is giving a dividend of Rs 3 on one share. The company announced a 30 percent dividend on a share with a face value of Rs 10.
Initially, the record date was set as January 22, but it was later changed.
Before the market opened today, one share of the company was priced at Rs 1045. In the last 6 months, the company’s share prices increased by 34 percent.