This means today will be the last day to buy the shares of these companies in order to be able to qualify for the dividends announced by them.
Dividends are paid to the shareholders who are listed in the company’s records on the record date. For the eligibility of the dividends, shares of the company must be purchased at least one day before the ex-date, as transactions settle the next day.
Investors who purchase the shares on the ex-date do not qualify for dividends.
Also read: Everything is in a bubble, only precious metals are relatively safe: Marc FaberHere is a list of other stocks, as per StockEdge that will start trading on an ex-dividend basis from Thursday:AMJ Land Holdings announced a final dividend of Rs 0.2 per share.Clean Science And Technology declared a final dividend of Rs 3 per share.
Honda India Power Products had declared a final dividend of Rs 17.5 per share.
IG Petrochemicals had announced a final dividend of Rs 7.5 per share.
The board of Jamna Auto Industries had announced a final dividend of Rs 1.3 per share.
Multibase India had announced a final dividend of Rs 3 per share for its eligible shareholders.
Pudumjee Paper Products’ board had announced a final dividend of Rs 0.6 per share.
Radiant Cash Management Services declared a final dividend of Rs 2.5 per share
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)
Reference :
Reference link
