2025/02/03 16:21 pm
Investing in dividend stocks can be a great source of income for investors. Dividends reflect the financial health of the distributing company. Dividend stocks represent a portion of the company’s profit distributed to the shareholders. These shareholders might receive payouts monthly, quarterly, biannually or annually. Some investors prefer dividends for regular cash flow, and dividend-paying companies tend to be stable and well-established. This week following the announcement of the Union Budget 2025 there was a hustle of corporate actions. As many as 52 companies are issuing interim dividends. Here are some of the notable dividends announced as of February 2025 that investors might consider.
Nestle India
Nestles India announced its dividend on Friday 31st January. It is the second interim dividend of Rs 14.25 per share for its shareholders. The record date for the dividend is fixed as February 7 and the dividend payouts will take place on and from February 27. According to the data available on Trendlyne, Nestle India, in the past 12 months, has declared equity dividends amounting to Rs 18.25 per share at a share price of Rs 2,317.00 with a dividend yield of roughly 0.80%.
Oil and Natural Gas Commission
The Oil and Natural Gas Commission has declared an interim dividend of Rs5 per equity share of Rs 5, which translates into 100% of the company for the FY 2024-25. The total payout on this account will be Rs 6,290 crore. The record date for the distribution of the dividend has been fixed for 7th February 2025. This is in addition to the 1st interim dividend of Rs 6 per share (120%) declared earlier. ONGC’s dividend yield is 5.08%.
GAIL India
GAIL is offering a dividend of Rs 6.50 per share. To be eligible for the dividend, investors must hold a share on or before February 7th, 2025. GAIL India has declared 48 dividends since September 3, 2001. According to the data available on Trendlyne, GAIL India’s dividend yield is 3.18%.
Great Eastern Shipping Company Ltd.
Great Eastern Shipping Company has declared 54 dividends since June 29, 2001. At the Current share price of Rs 945.1000, Great Eastern Shipping Company Ltd.’s dividend yield is 4.38%. Great Eastern Shipping Company’s last dividend record date is 3rd February 2025 at a share price of Rs 8.10.
Godrej Consumer Products Ltd.
Godrej Consumer Products Ltd. is offering a dividend of Rs 5 per share, with a record date of February 3rd, 2025, and an ex-dividend date of February 4th, 2025. Since October 30th, 2002, Godrej Consumer Products Ltd. has declared 77 dividends. At the current price of Rs 1157.3500, its dividend is 2.16%.
Emami Ltd.
Emami’s latest dividend is Rs 4 per share and is due on February 4, 2025. Since December 4, 2000, Emami has declared 35 dividends. At the current share price of ₹608.0000, Emami Ltd.'s dividend yield is 1.32%.
It is to be noted that to be eligible for the dividend, the investor must hold shares before the ex-dividend date. Since the Indian stock market follows a T+1 settlement cycle i.e., when you buy or sell a stock the transaction is settled one business day after the trade. The dividend is typically credited to the linked bank account. Investors looking for steady returns may consider high-dividend-yield stocks like ONGC (5.08%) and Great Eastern Shipping (4.38%). However, dividend investing should be balanced with capital appreciation for long-term wealth creation.