Dividend: 3 Companies are distributing dividend check details

Dividend

One FMCG large cap and two small cap company have announced to pay dividend to their shareholders and the 3 February will be the record date of this event. Companies have declared in their q3 earnings’ announcement that they have decided to pay some part of companies’ profit to their shareholders as dividend.

Godrej Consumer Products, GE Shipping and Wheels India India have announced after Q3 earnings. These three company will pay interim dividend to their shareholders.

dividend

1. Godrej Consumer Products

Top FMCG company Of India and Godrej group promoted company Godrej Consumer Product is a well known company in the field of personal care, hair and household products. Company is manufacturing a wide range of personal, hair, household and fabric products under well known brands like Good Knight, Cinthol and Godrej No.1.

A large cap company from Nifty 50 announced after third quarter earnings that it will pay a interim dividend of Rs. 5 per equity share to its shareholders and ex date for this event will be 3 February 2025.

How was the q3 results of
GodrejCP
 ?

In the third quarter of financial year 2025 company’s revenue increased but the profit of the company declined. Company’s results was below expectations. Experts were expecting that company’s profit will come near to 529 crore but the actual numbers came below expectations to 498 crore. In the same quarter of last financial year 2024 company’s profit was above 580 crore.

Godrej Consumer stock Performance.

Stock of Godrej CP is trading below its 200 days moving average and today company’s shares closed slightly in green on NSE at 1121.25. Company’s shares touched the highs of above 1550 in September 2024 and after that declined more than 28 percent from highs.

2. Great Eastern Shipping Company Limited(GEShip)

GEShip is a India’s largest Private sector shipping service Provider, offering dry bulk carriers and tankers to meet global market needs with certifications to international standards.
Great Eastern Shipping Company Limited announced its q3 earnings on 28 January 2025 and declare that company will pay Rs. 8.1 per equity share as a interim dividend to its shareholders and the ex date will be
3 February 2025.

How was the q3 results of GEShip ?

In the December quarter of financial year 2025 company’s revenue declined by more that 8 percent  on quarter on quarter basis while net profit of the company in third quarter has increased by more than 3 percent on q-on-q basis. On yearly basis company’s revenue has declined but the profit of the company increased by more than 10 percent.

GEShip stock performance.

Shares of GEship is also trading below 200 days moving average, but today company’s shares closed with the gain of more than 3.75 percent in a trading session. Company’s shares closed at 984 on NSE. Market cap of GEship is nearly 14000 crore and it is a small cap company.

3. Wheels India

Wheels India is small cap company with the market cap of less than 2000 crore but the  Company is a major global player in steel wheel manufacturing. They Caters to various segments including cars, commercial vehicles, tractors and construction equipment. The company also produces air suspension kit for buses and trucks.
Company’s third quarterly results was declared on 27 January and company announced to pay Rs. 4.5 per equity share to its shareholders and 3 February will be the record date.
Today Wheels India shares closed on NSE with gain of almost 2 percent at 700.25.

Disclaimer This analysis is composed only for news and knowledge purposes. Please take independent advice from your financial advisor before investing.

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