Dividend Alert: HCL Tech, L&T Tech Services, Dalmia Bharat Among Top Stocks Trading Ex-Dividend Next Week – Full List Inside

Several companies, including HCL Technologies, L&T Technology Services, and Dalmia Bharat, will be trading ex-dividend next week. This means their shares will no longer carry the value of the upcoming dividend from the specified ex-dividend date.

The ex-dividend date is when a company’s stock price adjusts to reflect the next dividend payout. Only shareholders listed by the end of the record date will be eligible for the dividend payment.

Here are the companies that will trade ex-dividend starting Monday, October 21, 2024, according to data from the BSE:

Stocks Trading Ex-Dividend:

• Monday, October 21, 2024:
• JNK India Ltd: Final dividend of ₹0.3 per share.
• Tuesday, October 22, 2024:
• Gopal Snacks Ltd: Interim dividend of ₹1 per share.
• HCL Technologies Ltd: Interim dividend of ₹12 per share.
• Wednesday, October 23, 2024:
• Caspian Corporate Services Ltd: Final dividend of ₹0.05 per share.
• Thursday, October 24, 2024:
• Tips Music Ltd: Interim dividend of ₹2 per share.
• Friday, October 25, 2024:
• Allcargo Logistics Ltd: Interim dividend of ₹1.1 per share.
• Dalmia Bharat Ltd: Interim dividend.
• LTIMindtree Ltd: Interim dividend of ₹20 per share.
• L&T Technology Services Ltd: Interim dividend of ₹17 per share.

Stock Splits:

Some companies will undergo stock splits next week, increasing the number of shares in circulation while lowering the per-share price. Here’s the list:

• Mayukh Dealtrade Ltd: Stock split from ₹5 to ₹1 per share on October 25.
• POCL Enterprises Ltd: Stock split from ₹10 to ₹2 per share on October 25.
• Sukhjit Starch & Chemicals Ltd: Stock split from ₹10 to ₹5 per share on October 25.

Rights Issues:

Several companies will also be offering a rights issue next week. This gives existing shareholders the chance to buy additional shares at a discounted price:

• DMR Hydroengineering & Infrastructures Ltd: Rights issue on October 22.
• Diligent Industries Ltd: Rights issue on October 24.
• Mercury Trade Links Ltd: Rights issue on October 24.
• Hindware Home Innovation Ltd: Rights issue on October 25.

Other Corporate Actions:

• GB Global Ltd: Extraordinary General Meeting (EGM) on October 22.
• Grovy India Ltd: Bonus issue in a 3:1 ratio. Shares will trade ex-bonus on October 23.
• Steelco Gujarat Ltd: Resolution Plan (suspension) on October 24.
• Matrimony.com Ltd: Share buyback on October 25.

These updates provide investors with crucial information on dividends, stock splits, and other corporate actions happening next week.