Top Ex-Dividend Stocks: IRCON, Metro Brands, Shipping Corp & More Set for Payouts Next Week – Full List Inside
Next week, shares of several major companies, including Gulf Oil Lubricants India Ltd, IRCON International, and Shipping Corporation of India, will trade ex-dividend starting Monday, September 2, 2024. According to data from the Bombay Stock Exchange (BSE), some of these companies have also announced other corporate actions like share buybacks, bonus issues, and stock splits.
Understanding Ex-Dividend Date
The ex-dividend date is important because it’s the day when the share price adjusts to reflect the upcoming dividend payout. After this date, the stock no longer carries the value of the next dividend payment. This means that investors who buy the stock on or after this date will not be eligible for the upcoming dividend. Only those shareholders who are listed on the company’s records by the end of the record date will receive the dividend.
Stocks Trading Ex-Dividend on September 2, 2024
On Monday, September 2, 2024, the following companies will trade ex-dividend: CG-VAK Software & Exports Ltd, Dynamic Industries Ltd, Kovilpatti Lakshmi Roller Flour Mills Ltd, Korpan Ltd, Krystal Integrated Services Ltd, Lancor Holdings Ltd, and Sanco Trans Ltd.
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