Dividend Stocks: Bank of India, HDFC AMC, L&T Finance, Tata Investment to Trade Ex-Dividend Today
Today, the focus in the stock market will be on shares of Bank of India, HDFC Asset Management Company Ltd, L&T Finance Ltd, and Tata Investment Corporation Ltd. These companies have declared dividends for their shareholders.
The board of directors of these four companies announced dividends, and June 18 has been set as the record date to determine which shareholders are eligible to receive dividends.
Ex-Dividend Date
Shares of Bank of India, HDFC Asset Management Company Ltd, L&T Finance Ltd, and Tata Investment Corporation Ltd will trade ex-dividend starting today, June 18.
Details of Dividends
- Bank of India: The company will pay a dividend of ₹2.80 per equity share for the financial year 2024.
- HDFC Asset Management Company: Declared an interim dividend of ₹70.00 per equity share for the financial year 2024.
- L&T Finance: Approved a dividend of ₹2.50 per equity share, pending shareholder approval at the Annual General Meeting on June 18, 2024.
- Tata Investment Corporation: Announced a final dividend of ₹28.00 per equity share for the financial year 2024, subject to shareholder approval at the Annual General Meeting.
Investors should take note of these ex-dividend dates if they hold shares in these companies.
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