Upcoming Dividend payout in April: Watch out for Varun Beverages, RailTel and 3 more stocks

There is a flurry of dividend action over the next few days as the Q4 earnings begin to roll out. The stocks offering dividends are a favourite for a lot of investors as they offer additional incentives for owning the stock apart from the share market gains. Some investors also invest back the dividend received for higher yields. 

Here’s a list of stocks that are expected to turn ex-dividend on April 2025-

MSTC

MSTC is a PSU under the Ministry of Steel, Government of India. It is involved in diversified e-commerce services. It will be going ex-dividend on April 02 and declare an interim dividend of Rs 4.50. The dividend was announced on March 26 and the record date is April 02. 

RailTel Corp. of India

The RailTel Corporation of India will declare an interim dividend of Re 1 on April 02. It announced the dividend on March 12. The company is a “Navratna” PSU, which is one of the largest neutral telecom infrastructure providers in the country. It owns a Pan-India optical fibre network.

United Spirits

The company will declare an interim dividend of Rs 4 on April 03. Last time, United Spirits gave a final dividend on July 12, 2024, of Rs 5. It announced the dividend on March 25. United Spirits is in the business of alcoholic beverages. It is the world’s second-largest spirits company by volume. It is a subsidiary of Diageo.

Varun Beverages 

The company will declare a final dividend of Rs 0.50 on April 04, having the same record date. It announced the dividend on February 10. Varun Beverages is an Indian multinational company. It manufactures, bottles, and distributes beverages. It is the largest bottling company of PepsiCo’s beverages in the world outside the United States.

DCM Shriram Industries

The company will declare an interim dividend of Rs 2 on April 04. It announced the dividend on March 28 and the record date for the same as that of declaration. DCM Shriram is primarily engaged in the production and sale of sugar, alcohol, power, chemicals, Drones, and industrial fibres.