Dividend Stocks in Focus: Sanofi India, Muthoot Finance trade ex-dividend; Ami Organics trades ex-split

Shares of Sanofi India, Muthoot Finance, and Ami Organics were in focus on Friday as they traded ex-dividend and ex-split, respectively. The companies had earlier fixed April 25, 2025 as the record date to determine eligible shareholders for dividend payouts and stock split benefits.

As per the T+1 settlement rule, investors needed to purchase shares of these companies by April 24 to be eligible for the corporate benefits.

Also Read:Paras Defence board to weigh stock split on April 30; financial results, dividend also on agenda  

Dividend payout details

Sanofi India: Sanofi India had declared a final dividend of Rs 117 per equity share for the financial year ended December 31, 2024. The Board had recommended the payout in its meeting on February 27, subject to shareholder approval at its upcoming 69th Annual General Meeting.

Muthoot Finance: The board approved an interim dividend of Rs 26 per share (260 per cent) for FY25 in a meeting held on April 21, 2025. The record date for this payout was also set for April 25.

Also Read: 300% Dividend: Bajaj Holding’s subsidiary declares Rs 30/share payout – Know record date

Stock split details

Ami Organics: The specialty chemicals firm has initiated a stock split in the ratio of 1:2, sub-dividing one equity share of Rs 10 into two equity shares of Rs 5 each. The record date for this corporate action is April 25.

Also Read:Anil Singhvi recommends buying high-dividend yield HCL Technologies stock post strong Q4 show

Stock market  performance

At 11:51 am, shares of all three companies were trading in the red:

Muthoot Finance was down 2.08 per cent at Rs 2,080.30 on the NSE.

Sanofi India declined 3.70 per cent to Rs 6,214.00 per share.

Ami Organics dropped 5.20 per cent to trade at Rs 1,044.00 per share.

Meanwhile, the benchmark Nifty 50 index was trading 1.53 per cent lower at 23,876.60, reflecting broad market weakness.