Dividend Stocks: Shares of several important companies including Asian Paints, Tata Motors, Adani Enterprises, Canara Bank, Bajaj Auto, Hindustan Unilever Ltd (HUL), among others will trade ex-dividend in the coming week starting from Monday, June 10. Along with these, some companies have declared a buyback of shares, while some have announced other corporate actions such as bonus issue and stock splits, according to BSE data.
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.
Dr. Lal PathLabs Ltd: The company declared a final dividend of ₹6.
Nelco Ltd: The company declared a dividend of ₹2.2.
Asian Paints: The paint manufacturer declared a final dividend of ₹28.15.
Kriti Industries (India) Ltd: The company declared a final dividend of ₹0.2
Kriti Nutrients Ltd: The company declared a final dividend of ₹0.3.
Tata Motors: The top auto major declared a final dividend and a special dividend of ₹3.
Tata Motors Ltd - DVR: The auto major declared a special dividend and a final dividend of ₹3.1
Stocks trading ex-dividend on Wednesday, June 12, 2024:
Tata Chemicals: The Tata Group-company declared a final dividend of ₹15.
CIE Automotive India Ltd: The company declared a final dividend of ₹5.
ICICI Prudential Life Insurance Company Ltd: The company declared a final dividend of ₹0.6.
KSB Ltd: The company declared a final dividend of ₹17.5.
Mkventures Capital Ltd: The company declared an interim dividend of ₹1.
Shankara Building Products Ltd: The company declared a final dividend of ₹3.
Tata Technologies Ltd: The company declared a final dividend of ₹8.4 and a special dividend of ₹1.65.
ACC Ltd: The company declared a final dividend of ₹7.5
Adani Enterprises Ltd: The company declared a final dividend of ₹1.3
Adani Ports and Special Economic Zone Ltd: The port major declared a dividend of ₹6.
Ambuja Cements Ltd: The company declared a final dividend of ₹2.
Adani Total Gas Ltd: The company declared a dividend of ₹0.25.
Bajaj Auto: The auto major declared a dividend of ₹80
Bikaji Foods International Ltd: The company declared a final dividend of ₹1
Canara Bank: The public sector bank declared a dividend of ₹3.22
Cheviot Co. Ltd: The company declared a final dividend of ₹5
Eimco Elecon (India) Ltd: The company declared a dividend of ₹5
Elecon Engineering Co. Ltd: The company declared a dividend of ₹2
Happiest Minds Technologies Ltd: The company declared a final dividend of ₹3.25
HUL: The FMCG major declared a final dividend of ₹24
L&T Technology Services Ltd: The company declared a final dividend of ₹33
M.M. Forgings Ltd: The company declared an interim dividend of ₹8.
Sagarsoft (India) Ltd: The company declared a dividend of ₹2.
Sona BLW Precision Forgings Ltd: The company declared a final dividend of ₹1.53
Visaka Industries Ltd: The company declared a final dividend of ₹0.5.
VST Industries Ltd: The company declared a final dividend of ₹150.
Xchanging Solutions Ltd: The company declared a final dividend of ₹4.
Kamdhenu Ventures Ltd will undergo a stock split from ₹5 to ₹1. Shares will trade ex-split on June 14.
Visco Trade Associates Ltd will undergo a stock split from ₹10 to ₹2. Shares will trade ex-split on June 14.
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.
Motilal Oswal Financial Services Ltd: Bonus issue in the ratio 3:1 on June 10
Colorchips New Media Ltd: Consolidation of Shares on June 12
Sanofi India Ltd: Spin Off on June 13
Cheviot Co.Ltd: Buy Back of Shares on June 14
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