Dividend Stocks: Voltas, Tata Chemicals & More To Payout

Five listed companies, Voltas, United Breweries, Tata Chemicals, Sonata Software, and Symphony, announced dividends on Wednesday, April 7, following the release of their Q4FY25 earnings. The declared dividends range from Rs 4.40 to Rs 11 per share, contingent on shareholder approval at their upcoming Annual General Meetings (AGMS).

Here's a list of companies and their dividend details:

Voltas Ltd

Voltas' board recommended a dividend of Rs 7 per share on a face value of Re 1, translating to a 700 per cent payout for FY25. The decision came after the board meeting held on May 7. The company stated the dividend will be disbursed on or after the fifth day following the conclusion of its 71st AGM, pending shareholder approval. Voltas' share price was trading in the green, up 1.10 per cent, at Rs 1258.15, on May 8, at 12:25 pm, on BSE.

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The brewer's board proposed a dividend of Rs 10 per equity share (face value Rs 1) for the year ending March 31, 2025. If ratified at the upcoming AGM, the payment is scheduled to be made on or before September 4, 2025. United Breweries' share price was trading in the red, down 1.12 per cent at Rs 2160, on May 8, at 12:27 pm, on BSE.

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Tata Chemicals Ltd

A dividend of Rs 11 per share, or 110 per cent on the face value, was recommended by Tata Chemicals after its board meeting. The company clarified that, subject to shareholder approval during the 86th AGM, the payout will be processed within five days post-meeting, after applicable tax deductions. Tata Chemicals share price was trading in the green, up 0.23 per cent at Rs 828.20, on May 8 at 12:28 pm, on BSE.

Sonata's board recommended a final dividend of Rs 4.40 per equity share (440 per cent of the par value of Re 1) for FY25. The final dividend is contingent on shareholder approval at the 86th AGM and will be paid within five days of the meeting, with taxes deducted at source. Sonata Software share price was trading in the green, up 0.72 per cent at Rs 399.70, on May 8, at 12:30 pm.