Several companies, including ICICI Lombard General Insurance Company Ltd, ITC, Anand Rathi, and Indian Bank, will trade ex-dividend starting Monday, June 3. This means their share prices will adjust to reflect the upcoming dividend payments.
In addition to ex-dividend stocks, some other stocks will trade ex-split, ex-rights, and ex-bonus next week. Some companies have also announced other corporate actions, such as Extraordinary General Meetings (E.G.M), according to data from the BSE.
The ex-dividend date is when the share price changes to account for the next dividend payout. From this date onwards, the stock does not include the value of the upcoming dividend. Dividends are paid to shareholders who are listed as of the record date.
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