4 stocks that are paying dividends soon I dividend paying stocks 2021 #DividendAlert - YouTube

Hi, as you know we keep telling you about the companies that have recently announced dividend

and today also we will tell you about 4 such stocks whose ex-dividend date is coming

Ex-dividend is the date before which if you buy the company's share, you are eligible for the dividend

You should use the dividend yield which is calculated by dividing dividend per share to the CMP

As it is a better metric to know about the dividend, and we have taken only those companies whose dividend yield is more than 1%

and have considered the price at 10am today to calculate dividend yield

and have taken stocks with market cap more than 2000 Cr and this list will be ascending order

meaning the highest dividend yield will be discussed the last, so let us start

The first company is Larsen & Toubro, which is a tech, manufacturing, construction, engg, and financial services conglomerate

The company declared a dividend of Rs.18 per share with a dividend yield of 1.12%

With an ex-dividend date of 28th July, meaning if you buy shares by 27th, you will be eligible for the dividend

The ROE is 19.26% and the NPM is 11.46%, the 5-year sales have compounded by 6.1%

The share price increased by 72.7% in the past year and its 5-year CAR is 8.67%

Their PE ratio is 15.99 and debt-equity at 1.73

The 2nd company is Godrej Agrovet which is a diversified R&D focused agri-business

They declared a dividend of Rs.8 per share, ex-dividend date of 4th Aug and a dividend yield of 1.23%

The share price increased by 41.02% and we do not have the 5-year return data as it was listed on 16th Oct 2017

The share price increased by 40.53% from its listing of about 3 years and 9 months

Their 5-year sales have compounded by 10.81%, its PE ratio is 39.52

Their ROE is 16.13% and NPM is 5.55%, and the debt-equity is 0.49

The 3rd company is VRL Logistics that provides logistics services and mainly deals in the domestic transportation of goods

They have declared a dividend of Rs.4 per share and the ex-dividend date is 29th July

The dividend yield is 1.30%, the 5-year sales have compounded by 0.46%

The share price has increased by 94.22% in the past year and its 5-year CAR is -3.55%

Their ROE is 7.34%, NPM is 2.53%, debt-equity ratio is 0.71, and PE ratio is 58.92

The 4th company is AkzoNobel that mainly manufactures paint and varnishes

They have declared a dividend of Rs.30 per share with a dividend yield of 1.31%, ex-dividend date is 5th Aug

Their ROE is 16.58%, NPM is 8.65%, and its 5-year sales have compounded by -1.71%

The share price increased by 22.79% and its 5-year CAR is 8.32%

Their PE ratio is 49.39 and the debt-equity ratio is 0.05 which is almost negligible

So these were the companies, but there are others with dividend yield more than 1%

but since their ex-dividend dates were announced we didn't cover them, as soon as it does we will bring you another dividend alert

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