Business

IIE DIGITAL DESK : Several leading Indian companies are expected to declare dividends in the coming weeks, signaling positive news for investors seeking income-generating stocks. Among the major names are HDFC Bank, ICICI Bank, Muthoot Finance, HCL Technologies, and Mahindra Logistics. These companies, spread across sectors such as banking, finance, technology, and logistics, are gearing up to reward shareholders based on their performance in the recent financial year.

HDFC Bank, one of India’s largest private sector lenders, is scheduled to hold its board meeting soon, where the final dividend for the financial year ending March 2025 is expected to be announced. Known for consistent dividend payouts, the bank is likely to maintain its track record, given its robust financial performance and healthy capital adequacy ratio.

ICICI Bank, another top-tier private lender, is also expected to make a dividend announcement shortly. With strong quarterly earnings and continued growth in loan books and profitability, the bank is in a favorable position to distribute returns to its investors.

Muthoot Finance, a major player in the gold loan segment, is widely anticipated to offer a dividend, continuing its tradition of sharing profits with shareholders. The company’s stable business model and consistent performance make it a reliable dividend stock.

HCL Technologies is expected to declare a dividend as part of its earnings report. The tech giant has been consistent in returning value to shareholders, and with continued demand in IT services, it is expected to maintain its dividend-paying pattern.

Mahindra Logistics is also on the list of companies likely to announce dividends. As the logistics sector shows steady growth, the company is expected to reward investors for their continued support.