A total of 27 stocks have grabbed the attention of investors as these companies have recently announced dividend payouts.
These shares will become ex-dividend in the upcoming week, making it the last chance for investors to purchase shares and be eligible for the dividend.
Prominent companies on this list include Tata Consultancy Services (TCS), Tata Investment Corporation, Canara Bank, and Indian Bank.
Ex-Dividend Date and Its Implications
The ex-dividend date is the day after which investors who purchase shares will not be entitled to receive the dividend payout.
To be eligible, investors typically need to acquire shares a day or two before the record date. Only shareholders listed on the record date are eligible to receive dividends.
List of Stocks Going Ex-Dividend
Here are the details of the stocks set to go ex-dividend next week:
June 12:
- Tata Investment Corporation: Final dividend of Rs 48.
- Indian Bank: Final dividend of Rs 8.6.
- ICICI Lombard General Insurance Company: Final dividend of Rs 5.5.
- Cyient Limited: Final dividend of Rs 16.
- Reliance Industrial Infrastructure Limited: Dividend of Rs 3.5.
- Apcotex Industries Limited: Final dividend of Rs 3.5.
June 13: 7. Diamines & Chemicals Limited: Final dividend of Rs 3.
- Jindal Saw Ltd.: Final dividend of Rs 3.
- LKP Finance Limited: Final dividend of Rs 1.
- LKP Securities Limited: Final dividend of Rs 0.1.
June 14: 11. Tata Chemicals Limited: Final dividend of Rs 17.5.
- Canara Bank: Final dividend of Rs 12.
- Shankara Building Products Ltd: Final dividend of Rs 2.5.
June 15: 14. Tata Consultancy Services (TCS): Final dividend of Rs 24.
- DCB Bank: Final dividend of Rs 1.25.
- Visaka Industries Limited: Final dividend of Rs 0.6.
- DJ Mediaprint & Logistics Ltd: Final dividend of Rs 0.15.
June 16: 18. Angel One Limited: Final dividend of Rs 4.
- Avantel Ltd: Final dividend of Rs 1.
- Eimco Elecon (india) Ltd: Final dividend of Rs 5.
- HDFC Life Insurance Company Limited: Final dividend of Rs 1.9.
- High Energy Batteries (India) Limited: Final dividend of Rs 3.5.
- Piramal Enterprises Ltd: Final dividend of Rs 31.
- Power Finance Corporation Limited: Final dividend of Rs 4.5.
- Shriram Finance Limited: Final dividend of Rs 20.
- SMC Global Securities Ltd: Final dividend of Rs 1.2.
- Torrent Power Limited: Final dividend of Rs 4.
As the ex-dividend date approaches, investors looking to capitalize on dividend payouts should consider purchasing these stocks before they trade ex.
