Bumper earning opportunity for investors next week, stocks of these companies will trade on ex-dividend
EX-Dividend Stock: In the month of October, many companies had announced second-quarter results. In this announcement, the company also announced a dividend along with its financial performance. This week shares of many companies trade ex-dividend. The shares of which company will trade on dividends and what is the record date?
In the trading week starting from October 23, shares of many companies will trade on ex-dividend. This means that on this day the shareholders of the company will get the benefit of the next dividend. This benefit is available only to those investors whose names are in the list of shareholders of the company on the record date.
The record date is usually one day before the ex-dividend date. If you also invest in the stock market, then you must know when the shares of which company will trade on ex-dividend.
Ex-Dividend Stock:
- Infosys has announced an interim dividend of Rs 18 per share to its investors. The company's shares will trade ex-dividend on October 15, 2023.
- Shares of Casesolves India Limited will trade ex-dividend on October 26. The company has announced a dividend of Rs 7 per share.
- TCI Express will also trade for the company's stock dividend on October 26. The company has announced a dividend of Rs 3 per share.
- Astral Limited has declared a dividend of Rs 1.5 per share. The record date of the company is October 27.
- ICICI Lombard is paying an interim dividend of Rs 5 per share. The company's stock will trade for the dividend on October 27.
- ICICI Securities has announced an interim dividend of Rs 12 per share for investors. The company's shares will trade ex-dividend on October 27, 2023.
- The record date of Jindal Stainless is 28 October. The company has announced to give Rs 1 per share.
- LTI Mindtree is paying an interim dividend of Rs 20 per share to investors. The company's stock will trade ex-dividend on October 27.
- L&T Technology Services is paying an interim dividend of Rs 17 per share to its shareholders. The record date of the company is 27 October 2023.
This business week, Shree Venkatesh Refineries and Maruti Interior Products have announced to give bonus shares in the ratio of 1:1. Shree Venkatesh Refineries will issue bonus shares on October 28, while Maruti Interior Products will issue bonus shares on October 28. In a bonus issue, one share is given to the shareholder as a bonus for every share.
