Dividend stocks: Jindal Saw to LKP Finance — four shares to trade ex-dividend today

  • The ex-dividend date is the day on which the equity share does not carry the value of its next dividend payment. It is the day when the price of the equity shares of a company gets adjusted for the dividend payout.

Livemint, Edited By Ankit Gohel
Published13 Jun 2023, 07:42 AM IST
Ex-dividend date is one working day prior to the record date.
Ex-dividend date is one working day prior to the record date.

Shares of Jindal Saw, LKP Finance among others will be in focus on June 13, Tuesday, as they will trade ex-dividend. It is essential for investors to be aware of the corporate actions ahead of the market opening.

The ex-dividend date is the day on which the equity share does not carry the value of its next dividend payment. It is the day when the price of the equity shares of a company gets adjusted for the dividend payout. 

Also Read: Stocks to Watch: Zee Ent, HDFC, Tata Motors, Inox Wind, Vedanta, IndiGo

Ex-dividend date is one working day prior to the record date. All the shareholders whose names appear in the company’s books of record by the end of the record date will be eligible to receive dividends.

Here is the list of stocks that will turn ex-dividend today:

Diamines & Chemicals Ltd: Shares of Diamines & Chemicals Ltd will trade ex-dividend today. The company has declared a final dividend of 3 per share. 

Jindal Saw Ltd: The Jindal group company, Jindal Saw will also trade ex-dividend today. It had declared a final dividend of 3 per equity share.

LKP Finance Ltd: The company has declared a final dividend of Re 1. It will trade ex-dividend today.

LKP Securities Ltd: LKP Securities will also turn ex-dividend on June 13. The company declared a final dividend of 0.1 per share. 

Also Read: Day trading guide for stock market today: Buy or sell, dividend stocks to F&O ban list. Key details here

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