Dividend Stocks: Nestle India, ONGC, among others to trade ex-dividend next week
Dividend Stocks: Shares of several companies, including Nestle India, Power Grid Corporation of India, Oil & Natural Gas Corporation (ONGC), IRCON International and many others will others will trade ex-dividend in the coming week, starting from Monday, February 12. Some other companies will also trade ex-bonus and ex-rights in the coming week.
The ex-dividend date is the day on which the equity share price adjusts to reflect the next dividend payout. It is the day the stock becomes ex-dividend, which means it does not carry the value of its next dividend payment from that day forward. Dividends are payable to all shareholders whose names appear on the company’s list by the end of the record date.
The following are the stocks that have declared dividend in the upcoming week:
Here we list out details in regard to the some of the dividend stocks:
Cochin Shipyard Ltd: The PSU declared an interim dividend of ₹3.5. Shares will trade ex-dividend on February 12.
Engineers India Ltd: The company declared an interim dividend of ₹2. Shares will trade ex-dividend on February 12.
Torrent Pharmaceuticals Ltd: The pharma major declared an interim dividend of ₹22. Shares will trade ex-dividend on February 12.
Gulf Oil Lubricants India Ltd: The company declared an interim dividend of ₹16. Shares will trade ex-dividend on February 13.
Dr. Lal PathLabs Ltd: The company declared an interim dividend of ₹12. Shares will trade ex-dividend on February 13.
Procter & Gamble Health Ltd: The company declared a special dividend and an interim dividend of ₹150 and ₹50 respectively. Shares will trade ex-dividend on February 14.
Nestle India: The FMCG major declared an interim dividend of ₹7. Shares will trade ex-dividend on February 15.
Power Grid Corporation of India: The power major declared an interim dividend of ₹4.5. Shares will trade ex-dividend on February 15.
IRCON International Ltd: The Indian Railways’ PSU declared an interim dividend of ₹1.8. Shares will trade ex-dividend on February 16.
Manappuram Finance Ltd: The company declared an interim dividend of ₹0.9. Shares will trade ex-dividend on February 16.
ONGC: The state-run oil explorer declared an interim dividend. Shares will trade ex-dividend on February 16.
FULL LIST:
Stocks trading ex-dividend on Monday, February 12:
Automobile Corporation Of Goa Ltd, Banaras Beads Ltd, Carborundum Universal Ltd,
more to come
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Published: 10 Feb 2024, 06:43 PM IST
