Active Stocks
Wed Jun 19 2024 15:54:35
  1. HDFC Bank share price
  2. 1,658.00 3.06%
  1. Tata Steel share price
  2. 180.05 -0.61%
  1. State Bank Of India share price
  2. 852.60 0.95%
  1. ITC share price
  2. 423.70 -1.19%
  1. ICICI Bank share price
  2. 1,144.75 1.93%
Business News/ Markets / Stock Markets/  Dividend Stocks: SBI, Vedanta, Tata Consumer Products, among others to trade ex-dividend next week; Full list here
BackBack

Dividend Stocks: SBI, Vedanta, Tata Consumer Products, among others to trade ex-dividend next week; Full list here

Dividend Stocks: Several companies including Tata Consumer Products, SBI, Sula Vineyards Ltd, among others are trading ex-dividend in the coming week.

Some companies are trading ex-dividend next week, while some will trade ex-bonus.Premium
Some companies are trading ex-dividend next week, while some will trade ex-bonus.

Dividend Stocks: Shares of several companies including State Bank of India (SBI), Vedanta Ltd, Trent, among several others will trade ex-dividend in the coming week starting from Monday, May 20. Along with these, some other stocks will also trade ex-split, ex-rights, and ex-bonus. Some companies have also announced other corporate actions including E.G.M, according to data on the BSE.

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 the shareholders whose names appear on the company's list by the end of the record date.

Also Read: FPIs offload 28,242 crore in Indian equities, continue selling streak since April: What's fueling the outflow?

The following are the stocks that have declared dividend in the upcoming week:


Stocks trading ex-dividend on Wednesday, May 22, 2024:


Avantel Ltd: The company declared an interim dividend of 0.20

Colgate-Palmolive (India) Ltd: The company declared an interim dividend of 26 and a special dividend of 10

Great Eastern Shipping Co. Ltd: The company declared an interim dividend of 10.8

High Energy Batteries (India) Ltd: The company declared a final dividend of 3

Kennametal India Ltd: The company declared an interim dividend of 30

Oberoi Realty Ltd: The company declared an interim dividend of 2

Ponni Sugars (Erode) Ltd: The company declared a dividend of 7

SBI: The state-owned lender declared a final dividend of 13.7

Seshasayee Paper & Boards Ltd: The company declared a final dividend of 5

Sula Vineyards Ltd: The company declared a final dividend of 4.5

Trent Ltd: The company declared a dividend of 3.2

 

Stocks trading ex-dividend on Friday, May 24, 2024:


QGO Finance Ltd: The company declared an interim dividend of 0.15

Tata Consumer Products Ltd: The company declared a final dividend of 7.75

Vedanta Limited: The metals-to mining major declared an interim dividend of 11.

 

The following are the stocks that have declared a bonus issue in the upcoming week:


Newtime Infrastructure Limited declared a bonus issue in the ratio 2:1. Shares will trade ex-bonus on May 22.

G.M. Breweries Ltd declared a bonus issue in the ratio 1:4. Shares will trade ex-bonus on May 24.

Inox Wind Ltd declared a bonus issue in the ratio 3:1. Shares will trade ex-bonus on May 24.

Also Read: 230% Returns in 1 Year: Multibagger PSU stock hits 19% upper circuit on Q4 show; 2.5/share dividend declared

A bonus issue is a corporate action which is an offer given to the existing shareholders of the company to subscribe for additional shares. Instead of increasing the dividend payout, the companies offer to distribute additional shares to the shareholders. For example, the company may decide to give out one bonus share for every ten shares held.
 

The following are the stocks that have declared a stock split in the upcoming week:


Bharat Dynamics Ltd will undergo a stock split from 10 to 5. Shares will trade ex-split on May 24.

Som Distilleries & Breweries Ltd will undergo a stock split from 5 to 2. Shares will trade ex-split on May 24.

A stock split is a corporate action and happens when a company increases the number of its shares to boost the liquidity. The company issues additional shares to shareholders, increasing the total by the specified ratio based on the shares they held previously. A stock split is a corporate action and happens when a company increases the number of its shares to boost the liquidity. The company issues additional shares to shareholders, increasing the total by the specified ratio based on the shares they held previously.

 

Other Corporate Action:


Vikram Thermo (India) Ltd: Spin Off on May 21

Marble City India Ltd: E.G.M. on May 22

Ujaas Energy Limited: Spin Off on May 22

Abhishek Corporation Ltd: Resolution Plan -Suspension on May 24

Brookfield India Real Estate Trust REIT: Income Distribution RITES on May 24

VSF Projects Ltd: Right Issue of Equity Shares on May 24

3.6 Crore Indians visited in a single day choosing us as India's undisputed platform for General Election Results. Explore the latest updates here!

ABOUT THE AUTHOR
Nikita Prasad
Nikita covers business news and has been producing news on digital platforms since 2018. She writes on economy, policy, markets, commodities, industry. Her core areas of interests include infrastructure, energy, oil and gas, railways, and transport/mobility. She has worked for business news channels like Moneycontrol, NDTV Profit, and Financial Express in the past. If you have story ideas/pitches/reports or quotes/views to share, reach her at nikita.prasad@htdigital.in.
Catch all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
More Less
Published: 18 May 2024, 07:55 PM IST
Next Story footLogo
Recommended For You
GENIE RECOMMENDS

Get the best recommendations on Stocks, Mutual Funds and more based on your Risk profile!

Let’s get started