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.
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
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Published: 18 May 2024, 07:55 PM IST
