Upcoming Dividends To Watch Out For In May 2021

When are you eligible for Dividends?

To begin, determine whether you are eligible for dividends. You must have bought the stocks before the ex-date to be eligible for the dividends, while you will be eligible for dividends if you have sold the stocks on ex-date as well. You would not be liable for the dividend if you bought the stocks on or after the ex-date. The due date for dividends is typically 30-45 days after the record date.

If you are registered for dividends, you can receive them on the dividend payment date in your bank account. The dividend would be credited to your trading account if you sold shares from your holdings on the ex-date. The specifics of the ex-date and record date can be found on the NSE/BSE website.

Dividends are paid at the discretion of the company. Companies are not required by law to pay you dividends.

Dividend Yield

It indicates how much a corporation paid out in dividends over the course of a year. The dividend yield is calculated as a percentage of the stock’s current market value. It gives you an idea of how much money you’ve made (in percentages) from your savings.

Dividend Yield= Cash Dividend per share/ Market price of share*100

List of Upcoming Dividends in May

List of Upcoming Dividends in May

NSE Company	LTP	Dividend Declared Per Share	Record Date	Dividend Yield
Kennametal India	Rs 1,139	Rs 20.00	24 May 2021	1.75%
JM financials	Rs 79.95	Rs 0.50	28 May 2021	0.63%
HDFC	Rs 2,486	Rs 23	31 May 2021	0.93%
Infosys	Rs 1,348	Rs 15	31 May 2021	2.00%
Tata Coffee	Rs 504	Rs 1.5	27 May 2021	0.79%
Cigniti Technologies	Rs 410	Rs 2.5	28 May 2021	0.61%

Upcoming Dividends To Watch Out For In May

Kennametal India

On May 12, 2021, the company declared a dividend of Rs 20.0 per share, with a record date of May 25, 2021. Kennametal India, an ultimate subsidiary of Kennametal Inc., USA, provides groundbreaking custom and regular wear-resistant solutions to customers seeking peak performance in challenging environments. Stock returned 44.6 percent over three years, compared to 13.37 percent for the Nifty Smallcap 100. (as of the previous trading session)

Jm Financial

JM Financials is known for its varied services, which include Investment Banking, Wealth Management, and Securities (IWS), which includes fee-based and fund-based operations for investors. The company declared a dividend of Rs 0.50 declared per share om May 5. JM Financial Ltd. is a Mid Cap company in the Financial Services sector that was established in 1986.

Upcoming Dividends To Watch Out For In May

HDFC

The company declared a dividend of Rs 23 per share on May 7. The record date for the dividend is May 31, 2021. The stock returned 35.07 percent over three years, compared to 38.74 percent for the Nifty 100. (as of the previous trading session). Non-performing assets have remained consistently low over the years, despite all of the slowdowns that the Indian economy has seen.

Infosys

The stock returned 126.5 percent over three years, compared to 38.74 percent for the Nifty 100. (as of the previous trading session). Over a three-year period, the stock returned 126.5 percent, while the Nifty IT gave investors a 90.97 percent return. The company declared a dividend of Rs 15 per share on April 15. The record date for the dividend is May 31, 2021.

Cigniti Technologies Ltd

On April 29, 2021, the company declared a dividend of Rs 2.5 per share, with a record date of May 28, 2021. Stock returned 66.4 percent over three years, compared to 13.37 percent for the Nifty Smallcap 100. Cigniti Technologies is an Engineering & Software Testing services company