Top 7 Dividend Stocks | Dividend 2022 February Dividend Stocks India | NMDC DIVIDEND | NALCO DIVIDEND | FIRST SOURCE SOLUTIONS DIVIDEND | ITC DIVIDEND | IRCTC DIVIDEND | HAL DIVIDEND
Dividend: Dividend is the part of profit which is company share with your shareholders, Dividend payments and amounts are decided by board of directory of company. To Know more about Dividend please refer our previous blog , please click below mention link.
In this blog we are going to tell you about those Company who is going to executing their dividend in the month of February-2022 (Dividend February – 2022) and as well as these Companies are good for investing too.
Table of Contents
1# IRCTC DIVIDEND
IRCTC DIVIDEND: IRCTC (Indian Railways Catering and Tourism Corporation) is a public sector unit, it’s a catering and tourism arm of Indian railways, the main focused business of IRCTC is online ticketing, catering, and selling drinking water on trains and railway stations.
IRCTC also provide the budget package tours to tourist, which is called by Bharat Darshan, some of its luxury tourist package involved some luxury trains like Maharaja Express and Buddhist Circuit Train. IRCTC has private trains.
On 8th of February 2022 IRCTC declare his quarter 3rd results where profit jumps to double, Revenue from operation increased by 141% to 540 crores for December quarter, its consolidated net profit rupees 208 crore up 166% from 78 crore reported in last year period. Net profit rises 32% from 158 crore in September quarter.
The company’s earing before interest tax depreciation and amortization increased 195% to 279 crores for this quarter. After all this company has declared its interim dividend to its shareholders amounting Rs. 2 Announced on 08th February 2022 and will be executed on 17th February 2022.
2# NMDC DIVIDEND
NMDC DIVIDEND: NMDC declared 2nd interim dividend of Rs. 5.73 per share in addition of its 1st interim dividend of Rs. 9.01 per share declared last month. It is the highest Dividend declared by NMDC in history of Rs 14.74.
Company’s income in increased by to Rs. 6026.68 crores on Rs. 4460.97 crore in the previous period. The announced date is 08th February 2022 and executed date is 17th February 2022.
NMDC (National Mineral Development Corporation) is a government owned mineral producer under control in Ministry of Steel Government of India. It is the largest entity in mineral mining company.
It is also involved in the explore of a wide range of minerals like copper, limestone, dolomite, gypsum, and rock phosphate. Internationally in Australia NMDC company holds most stakes in gold and iron ore projects in western Australia.
3# NALCO DIVIDEND
NALCO DIVIDEND: NALCO (National Aluminum Company Limited) is a government company operation in Mining, Metal and Power under the Ministry of Powers. It is a MID cap company, in 2020 it is the lowest cost producer of Alumina and Bauxite in the world. NALCO operated to major process one is Mining and Refinery, and second is Smelter and Power.
In this Quarter NALCO profit jumps three-fold, income during the quarter increased to Rs. 3845.25 Crore over Rs. 2414.95 crore in the year ago period. Profit surged up to Rs. 830.67 crore so company decided to pay final dividend of Rs. 3 per Equity share announced on 7th February 2022 and will execute on 17th February 2022.
4# FIRST SOURCE SOLUTIONS DIVIDEND
First Source Solution Dividend: First source solution limited is announced the Interim Dividend on 04th February 2022 and will be executed on 17th February 2022 of Rs. 3.50. First source solution sales have increased by 2.46% in comparing to previous quarter and consolidated profit increased by 0.33% on quarter-on-quarter basis.
Company involved in businesses like insourced operation, business process outsourcing, customer interaction management, collection management, consulting and analytics, business transformation, robotic process automation, digitalization, Data Processing, and data analytics. Company headquarter is in Mumbai owned by RP- Sanjiv Goenka Group.
5# ITC DIVIDEND
ITC Limited: ITC Limited is an Indian company situated in Kolkata, ITC has diversified business range like FMCG, Hotels, Software, Tobacco, packaging and Paperboard.
ITC Consolidated Net Sales Rs. 18365.80 crore increased 30.03% by previous year, Net Profit Rs. 4056.73 Crore in December 2021 increased 15.03% by previous year and earnings before interest tax depreciation and amortization increased 12.92% Rs. 6019.59 crore so company decided to announce its interim dividend Rs 5.25 per equity share on 03rd February 2022 and will be executed on 14th February 2022.
6# POWER GRID DIVIDEND
Power Grid Dividend: Power Grid corporation of India is under the jurisdiction of Ministry of Power, it is mainly engaged in power transmission across different states of India.
It is involve in electrical grid industry established on October 1989. Power Grid corporation of India limited consolidated net sales increased by 3% at Rs. 10466.88 crore.
Net Profit down by 2.22% at Rs. 3292.97 crore and earnings before tax depreciation and amortization decreased 2.87% at Rs. 9394.00 crore. Power Grid Corporation of India declared its interim dividend of Rs. 5.50 announced date is 01.02.2022 and will be executed on 16th February 2022.
7# HAL DIVIDEND
Hindustan Aeronautics Limited(HAL DIVIDEND): Hindustan Aeronautics Limited declared Rs. 26.00 per share interim dividend the announced date is 10th February 2022 and will be executed on 17th February 2022. Total revenue generated in this quarter is Rs. 6088.5 crore, operating profit is Rs. 1428.7 Crore and Net Profit is Rs. 937.5 crore.
Hindustan Aeronautics Limited is an Indian state owned aerospace and defense company mainly developed transport aircraft, fighter aircraft and helicopter and industry involve in aerospace and defense products.
It is a Large Cap Company operating in defense sector. Hindustan aeronautics limited key business sale of services, Spares and others, Engineering Goods. If we look in defense sector Hindustan Aeronautics limited stock has a market cap ranking 2, Hindustan Aeronautics Limited market cap is Rs. 46655.42 crore.
| Company Name | Amount Per Share | Announcement Date | Record Date | Ex- Date | Dividend Type |
| IRCTC | Rs. 2.00 | 08.02.2022 | 18.02.2022 | 17.02.2022 | Interim Dividend |
| NMDC | Rs. 5.73 | 08.02.2022 | 18.02.2022 | 17.02.2022 | Interim Dividend |
| NALCO | Rs. 3.00 | 07.02.2022 | 18.02.2022 | 17.02.2022 | Interim Dividend |
| First Source Solution Limited | Rs. 3.50 | 04.02.2022 | 18.02.2022 | 17.02.2022 | Interim Dividend |
| ITC | Rs. 5.25 | 03.02.2022 | 15.02.2022 | 14.02.2022 | Interim Dividend |
| Power Grid Corporation of India | Rs. 5.50 | 01.02.2022 | 17.02.2022 | 16.02.2022 | Interim Dividend |
| Hindustan Aeronautics Limited | Rs. 26.00 | 10.02.2022 | 18.02.2022 | 17.02.2022 | Interim Dividend |
That’s all!! Hope you find the Top 7 Dividend Stocks in India, if you liked this blog or have any questions about it Please Do comment and Connect with us .
FAQ
What are the benefits of investing in high dividend yield stocks?
Investing in high dividend yield stocks your dividend income being consistent income. If you invest your dividend income your portfolio will grow with great pace and in some cases high yield indicate the company will ride out tough markets.
What are dividend paying stocks?
Dividend stocks are companies paying dividend in regular basis. Dividend stocks companies are well established companies strong fundamentals and reinvesting their profits. Paying dividend to there shareholder as an awards to there shareholders.
What are the basics to consider for choosing profitable dividend stock to buy?
The stock should have minimum dividend payout ratio is 40%, Dividend yield more than 3% and should be clear cut dividend policy.
What are small cap stocks?
Small cap stocks are those stocks whose market capitalization is low , and in SEBI define small cap stock’s companies ranked beyond the 250 according to market capitalization.
Disclaimer— This Article content is collected from different different sources, Here we are not encouraging or forcing to invest in any said stocks, please invest after your own research. This is not an investment advice, this article is published only for information.