Indian stocks to commence trading ex-dividend, forthcoming week
All shareholders whose names are on the company’s list by the end of the record date are eligible to receive their dividends.
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The shares of a number of businesses, including HCL Technologies, HDFC Bank, Bank of Maharashtra, and a few others, will trade ex-dividend on Monday, May 6 of next week. Other corporate initiatives, like E.G.M. and rights issues, have also been stated by several firms.
Ex-dividend date: The day on which the price of equity shares changes to reflect the upcoming dividend payment. This day marks the ex-dividend date of the stock, meaning that going forward, it will not be worth the dividend.
The stocks that will be paying dividends in the coming week:
May 6, 2024:
John Cockerill India Ltd: Stated a final dividend of ₹7.
May 7, 2024:
HCL Technologies: Stated an interim dividend of ₹18.
Oracle Financial Services Software Ltd: Stated an interim dividend of ₹240.
May 8, 2024:
Laurus Labs: Stated an interim dividend of ₹0.04
May 9, 2024:
G.M. Breweries Ltd: Stated a final dividend of ₹7.
May 10, 2024:
Aptech Ltd: Stated a dividend of ₹4.5.
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