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Infosys, Havells, and Others to Trade Ex-Dividend; Ajanta Pharma Buyback Next Week

Several companies, including Infosys, Havells India, and CMS Info Systems Ltd, will trade ex-dividend next week starting Monday, May 27. Additionally, some stocks will trade ex-split, and Ajanta Pharma will announce a buyback. According to BSE data, some companies have also scheduled other corporate actions like Extraordinary General Meetings (E.G.M).

Understanding Ex-Dividend Dates

The ex-dividend date is when the stock price adjusts to account for the upcoming dividend payment. On this day, the stock does not include the value of its next dividend payment. Dividends are paid to all shareholders listed on the company’s records by the end of the record date.

Upcoming Dividends

Here are the stocks that have declared dividends for the upcoming week:

Stocks Trading Ex-Dividend on Monday, May 27, 2024:

  • Stovec Industries Ltd: Declared an interim dividend of ₹115.

Stocks Trading Ex-Dividend on Tuesday, May 28, 2024:

  • CMS Info Systems Ltd: Declared a final dividend of ₹3.25.
  • Trident Ltd: Declared an interim dividend of ₹0.36.

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