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Abolishment of dividend distribution tax will encourage more MNCs to give hefty dividends. In this financial year few companies have already declared hefty dividends which are as follows:
1. Pfizer:320 rs./share
2. SKF India:130 rs./shr
3. Oracle fin. services:180 rs./shr
(1/2)
Sanofi has announced a dividend of 352 rs./shr in last financial year but record date is yet to be declared.
All cash rich MNCs are future candidates for hefty dividends.
Discl: Not a buying recommendation.
Esab India board recommended 700% interim dividend..!
P.S.: not a buying recommendation.
Timken india recommends 500% dividend..!
Discl: for info only..
Abbott india declares 2500% dividend..!
Discl: for info only..
Bayer crop declares total 1150% dividend (900% interim & 250% final).
Discl: for info only
Clariant chemicals declares 1400% special dividend.
Note: for info only.
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