Some companies’ shares, including those of Marino Ltd., Panchsheel Organics, and Sanofi India, will trade ex-dividend on Monday, March 4, and for the remainder of the upcoming week. Over the next week, a few more corporations will also trade ex-bonus and ex-split securities.
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. All shareholders whose names are on the company’s list by the end of the record date are eligible to receive their dividends.
Stocks that have announced dividend in the coming week
DCM Shriram Limited: The business announced a ₹4 interim dividend. On March 6, the shares will trade ex-dividend.
Marico Ltd: The business announced a ₹6.5 interim dividend. On March 6, the shares will trade ex-dividend.
Panchsheel Organics: The business announced a ₹0.08 interim dividend. On March 7, the shares will trade ex-dividend.
Sanofi India Ltd: The business announced a ₹50 interim dividend. On March 7, the shares will trade ex-dividend.
Stocks which have announced a stock split
- The stock of Tiger Logistics (India) Ltd. would be split from ₹10 to ₹1. On March 4, shares will trade ex-split.
- There will be a stock split of Capri Global Capital Limited from ₹2 to ₹1. On March 5, shares will trade ex-split.
