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Southern Petrochemical Industries Corporation Ltd, or SPIC, (NSE: SPIC, BSE: 590030) is an Indian company that manufactures fertilizer products.The company, headquartered in Chennai, Tamil Nadu, India, was incorporated on 18 December 1969 [3] and became a joint venture between the M. A. Chidambaram Group and TIDCO (a part of the Government of Tamil Nadu) in 1975.
Southern Company (SO) is likely to pay out its increased quarterly dividend of 68 cents on Jun 6, 2022.
The dividend yield or dividend–price ratio of a share is the dividend per share divided by the price per share. [1] It is also a company's total annual dividend payments divided by its market capitalization, assuming the number of shares is constant. It is often expressed as a percentage.
Thus the key date for a stock purchase is the ex-dividend date: a purchase on that date (or after) will be ex (outside, without right to) the dividend. If, for whatever reason, a share transfer prior to the ex-dividend date is not recorded on the register in time, the seller is obligated to repay the dividend to the buyer when he receives it.
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A dividend is a distribution of profits by a corporation to its shareholders, after which the stock exchange decreases the price of the stock by the dividend to remove volatility. The market has no control over the stock price on open on the ex-dividend date, though more often than not it may open higher. [1]
A split share corporation is a corporation that exists for a defined period of time to transform the risk and investment return (capital gains, dividends, and possibly also profits from the writing of covered options) of a basket of shares of conventional dividend-paying corporations into the risk and return of the two or more classes of publicly traded shares in the split share corporation.
Shriram General Insurance is engaged in commercial and retail vehicle insurance, home insurance and travel insurance. It is a joint venture between Shriram Group and Sanlam. [14] Shriram Financial Ventures is the holding company and promoter of Shriram Group's financial services and insurance businesses. It is jointly owned by Shriram Ownership ...