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Business News/ Markets / Stock Markets/  Infosys, IndusInd Bank, Mahindra CIE, Page Industries among stocks to trade ex-dividend today
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Infosys, IndusInd Bank, Mahindra CIE, Page Industries among stocks to trade ex-dividend today

Infosys, IndusInd Bank, Page Industries, and other stocks will trade ex-dividend today. Infosys declared a final dividend of ₹17.50 per share, while IndusInd Bank declared a final dividend of ₹14 per share.

Ex-dividend date is the day when a company’s stock goes ex-dividend, meaning it does not carry the value associated with its next dividend payment.Premium
Ex-dividend date is the day when a company’s stock goes ex-dividend, meaning it does not carry the value associated with its next dividend payment.

Shares of Infosys, IndusInd Bank, Page Industries, among many other companies will be on investors' radar as they will trade ex-dividend today. 

Ex-dividend date is the day when a company’s stock goes ex-dividend, meaning it does not carry the value associated with its next dividend payment.

Here are the stocks that will trade ex-dividend on June 2:

Infosys shares are trading ex-dividend today. The dividend stock has declared a final dividend of 17.50 per share for its eligible shareholders for the financial year 2022-23. The company had fixed June 2, 2023, as record date for finalising the eligible shareholders of the company for final dividend payment.

Read here: Infosys shares to trade ex-dividend today. Akshata Murty to earn 68 crore

IndusInd Bank has declared a final dividend of 14 per equity share of face value of 10 each. The stock trades ex-dividend on Friday and the record is also June 2.

Havells India shares trade ex-dividend today. The company has announced a final dividend of 4.5 per share of face value of Re 1.

JSW Energy has declared a final dividend of 2 per equity share of face value of 10. The stock trades ex-dividend today.

Mahindra CIE Automotive announced a dividend of 2.5 per share with a face value of 10. The stock trades ex-dividend on June 2. 

Page Industries had announced an interim dividend of 60 per equity share with a face value of 10. The record for the dividend is June 2 and the stock also turns ex-dividend on June 2.

Steelcast announced a special dividend of 3.15 per equity share. The ex-dividend date and record for the dividend is June 2.

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Updated: 02 Jun 2023, 09:40 AM IST
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