Ram Info:

The record date for the interim dividend of Rs. 0.5 or 5% for the fiscal year 2021 has been decided on December 24 and the dividend shall be credited on or after January 5, 2021.

The company is a modern day technologies software services and products and company that offers solutions for banking, insurance, retail as well as the government. For 25 years, RAMINFO has been the digital transformation partner of choice for governments and companies

GAIL India:

GAIL (India) Limited is a large cap company i.e. into carbon emissions as well as implementing renewable projects. The company has deployed the country’s 2nd largest solar rooftop at Pata Petrochemical complex.GAIL is aiming to be 1 gigawatt solar and wind both together or any other renewable part in the next three to four years.

The company has declared an interim dividend of Rs. 4 per share and for the same the record date has been December 31, 2021. For the previous Fy21, the company’s Rs. 5 dividend means a dividend yield of 3.87 percent at the current share price of Rs. 129 per share.

Sahyadri Industries:

The home solutions company has announced a interim dividend of Rs. 3 per share for which the record date has been fixed at December 31, 2021and the payment of dividend shall be made within a period of 30 days from the dividend declaration date.

The company manufactures corrugated sheets for roofing purpose and also the several accessories for roofing purpose. The product range of the company includes Corrugated sheets, Accessories,Air Extractors,Roof Lights,Water Tanks, Gutters, Cemply Doors, Cemply Boards,etc..The company also engaged in the business of Power Generation, Building material.

Taparia Tools

Taparia Tools: The casting and forging sector company has declared an interim dividend of 700 percent or Rs. 70 per share of Rs. 10 each from the distributable profit for the period from April 2021 to September 2021. Further pursuant to the provisions of Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Board of Directors has fixed the “Record Date” as 31 st December 2021 to determine the list of eligible members for the payment of Interim dividend . The aforesaid Interim Dividend shall be credited / dispatched to the shareholders on or before Tuesday, 18 th January, 2022, This is for your information and record please.

Taparia Tools manufactures and supplies carpentry, wood-working tools, electrical, lamps as well as lighting elora tools, engineering & workshop tools, gardening tools & equipment hand tools, hand & allied tools, etc.

Mazagon Dock:

The shipbuilding entity has announced an interim dividend of Rs. 7.1 per share. The ex-date for the same is January 6, 2022, while the Record date has been January 7, 2022.

Mazagon Dock Shipbuilders Limited, aptly called “Ship Builder to the Nation”, is one of India’s leading Defence public sector undertaking shipyard under the Ministry of Defence. Main activities are construction of warships and submarines with facilities situated at Mumbai and Nhava (under development). We have the capability to build warships, submarines, merchant ships upto 40,000 DWT since 1979.

HCL Technologies:

The IT major will consider the interim dividend in its board meet scheduled on January 14, 2022. This shall be the 4th interim dividend if declared and approved by the company.

The record date for the same has been fixed at January 22, 2021.

HCL is among the leading tech companies’ in the country offering a host of advanced technology solutions.

Dividend paying stocks in January 2022

Stocks	Record date Dividend amount
Ram Info	24.12.2021	Rs. 0.5
Gail India	31.12.2021	Rs. 4
Sahyadri	31.12.2021	Rs. 3
Taparia Tools	31.12.2021	Rs. 70
Mazagon Dock	07.01.2022	Rs. 7.1
HCL Technologies	22.01.2022	Yet to be declared

Why dividend should not be the only criteria for investing in dividend stocks?

Buying dividend paying stocks for gaining dividend income as only the sole criteria for investment is never a good idea. Ensure that the stock holds promise considering its fundamentals, business prospects, management team, technicals etc.