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5 Stocks Paying Out Big Dividend in August 2022

Jul 27, 2022

5 Stocks Paying Out Big Dividend in August 2022

Dividend stocks are currently more appealing than they have been in a long time.

As stock markets witness a tussle between bulls and bears, investors are now looking for a passive source of income.

This rise in demand has returned investors to the wisdom of owning dividend stocks.

Here are 5 you can add to your watchlist for August 2022.


# 1 Maruti Suzuki

For the financial year 2022, Maruti Suzuki declared a final dividend of Rs 60 per share. The record date for this dividend payment is set as 3 August 2022.

Since 2004, the company has declared 19 dividends.

The five-year average dividend pay-out ratio Maruti Suzuki is 32.2%. The dividend yield over the past five years has been 1.1%.

The company is the largest passenger car company in India. It is a subsidiary of Japanese automotive manufacturer Suzuki.

It has over 50% of the market share in the Indian market.

The business deals in the production, purchase, and sale of automobiles and spare parts.

In India, the company sells hatchbacks, sedans, motor utility vehicles (MUVs), and sport utility vehicles (SUVs).

It is to expand its business in the EV (Electric Vehicle) space. It has planned to launch its first personal vehicle on the EV platform in 2025.

To know more about the company, check Maruti Suzuki's financial factsheet and latest quarterly results.

Maruti Suzuki Dividend History

  Mar-17 Mar-18 Mar-19 Mar-20 Mar-21
Dividend per share (Adj.) (Rs) 75 80 80 60 45
Dividend payout ratio (%) 30.9 31.3 32.2 32.6 32.2
Dividend Yield (EoY) (%) 1.2 0.9 1.2 1.4 0.7
Source- Equitymaster

#2 Cheviot Co.

Cheviot company for 2022, has declared a final dividend of Rs 60 per share. The record date for the dividend payment is 4 August 2022.

Since 2001, the company has declared 21 dividends.

The five-year dividend pay-out ratio of Cheviot Co. at 42%. The five-year average yield of the company is 4.9%.

The company is the flagship company of Cheviot Group. Cheviot Co. Ltd. produces and sells jute goods for the domestic and foreign markets.

It operates two business segments: Jute goods and captive power generation.

The business is well known for producing high-end technical jute fabrics and customised jute shopping bags.

The product line of the company comprises of sacking bags, sacking cloth, hessian cloth, and decorative fabrics.

To know more about the company, check Cheviot Co's financial factsheet and latest quarterly results.

Cheviot Dividend History

  Mar-17 Mar-18 Mar-19 Mar-20 Mar-21
Dividend per share (Adj.) (Rs) 0.75 0.72 1.07 51.6 182.3
Dividend payout ratio (%) 0.9 0.8 1.3 64.5 144.8
Dividend Yield (EoY) (%) 0.1 0.1 0.2 9.5 23.9
Source- Equitymaster

#3 Bata India

Bata India declared a dividend of Rs 4 per share the dividend payout ratio being 80%.

The record date for the dividend payment is 4 August 2022. The company also announced a special dividend of Rs 50.5 per share. It was due to the large cash pile with the company because of the rise in demand of footwear due to the monsoon season.

Since 2002, the company has declared 18 dividends.

The five-year dividend payout ratio of Bata India stands at 6.8%.

The five-year average yield of the company is 0.4%.

The company is the largest footwear retailer in India. It is the part of Bata Shoe Organisation.

It offers a wide range of product portfolios, from slippers and formal wear shoes to infant shoes.

Accessories such as school bags, belts, and brushes are also offered by the company.

The sales of premium products are under the brand Hush Puppies.

To know more about the company, check Bata India's financial factsheet and latest quarterly results.

Bata India Dividend History

  Mar-17 Mar-18 Mar-19 Mar-20 Mar-21
Dividend per share (Adj.) (Rs) 3.5 4 6.3 4 4
Dividend payout ratio (%) 28.3 23.3 24.4 15.6 -57.6
Dividend Yield (EoY) (%) 0.6 0.5 0.4 0.3 0.3
Source- Equitymaster

#4 Divis Laboratories

Divis Laboratories for 2022, it declared a final dividend of 1,500% or Rs 30 per share. The record date for the dividend payment is 11 August 2022.

Since 2003, the company has paid 20 dividends.

The five-year average dividend payout ratio of Divis lab is 28.9%. The dividend yield over the past five years has been 0.9%.

The company is one of the top 3 API (Active Pharmaceutical Ingredients) manufacturers across the globe.

It is into manufacturing leading generic compounds, nutraceutical ingredients, and custom synthesis of APIs for global innovator companies.

The business offers 120 products in a range of therapeutic areas.

To know more about the company, check Divis laboratory's financial factsheet and latest quarterly results.

Divis Lab Dividend History

  Mar-17 Mar-18 Mar-19 Mar-20 Mar-21
Dividend per share (Adj.) (Rs) 10 10 16 16 20
Dividend payout ratio (%) 25 30.3 31.4 30.9 26.8
Dividend Yield (EoY) (%) 1.6 0.9 0.9 0.8 0.6
Source- Equitymaster

#5 Ultratech Cement

Ultratech Cement for the year ending March 2022, has declared an equity dividend of 380 %, amounting to Rs 38 per share. The record date for the dividend payment is 2 August 2022.

Since 2004, the company has rewarded the shareholder 19 times with dividends.

The five-year average dividend payout ratio of Ultratech Cement is 12.5%. The dividend yield over the past five years has been 0.4%.

The company is a flagship company of Aditya Birla Group.

It is one of the largest producers of grey cement, white cement, and ready-mix concrete (RMC).

Furthermore, it is also the third largest cement producer in the world, with business operations spanning the United Arab Emirates (UAE), Bahrain, and Sri Lanka.

The business markets its white cement under the brand name Birla White.

It is the only company in the world other than China to have more than 100 MTPA (Million Tons Per Annum) of cement manufacturing capacity within the borders of a single country.

To know more about the company, check Ultratech cement's financial factsheet and latest quarterly results.

UltraTech Cement's Dividend History

  Mar-17 Mar-18 Mar-19 Mar-20 Mar-21
Dividend per share (Adj.) (Rs) 9.5 9.9 10.9 13.0 37.0
Dividend payout ratio (%) 10.0 13.0 13.2 6.5 19.6
Dividend Yield (EoY) (%) 0.3 0.3 0.3 0.4 0.5
Source- Equitymaster

Why you should invest in dividend stock

Fundamentally strong long-term companies usually pay a dividend at a growing rate. This increases the amount of passive income every year.

Further, dividend-paying stocks help by acting as a hedge against inflation and market volatility.

In 2022, markets have experienced turmoil due to inflation and rising interest rates. Dividend-paying stocks are a good place to hedge against this volatility.

If you are interested in investing in dividend stocks, you should investigate the company's history of dividend payments and their value before investing.

Also, if you want to dwell deeper, use Equitymaster's stock screener to check high dividend yield stocks and the best-divided stock to buy.

We have also covered editorials on 5 penny stocks with good dividend yields and 5 Indian companies with over 7% in dividend yield.

To know what's moving the Indian stock markets today, check out the most recent share market updates here.

Disclaimer: This article is for information purposes only. It is not a stock recommendation and should not be treated as such. Learn more about our recommendation services here...

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