Dividend Stocks: Shares of several companies including MOIL Ltd, Hindustan Zinc, Oil India, Jindal Stainless, among others will trade ex-dividend starting Monday, August 19, 2024. According to BSE data, some companies have announced other corporate actions, such as share buybacks, bonus issues, and stock splits.
The ex-dividend date is the day the equity share price adjusts to reflect the next dividend payout. It is the day the stock becomes ex-dividend, which means it does not carry the value of its next dividend payment from that day forward. Dividends are payable to all the shareholders whose names appear on the company’s list by the end of the record date.
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Stocks trading ex-dividend on Monday, August 26, 2024:
Dhruv Consultancy Services Ltd, Manappuram Finance Ltd, Welcast Steels Ltd
Stocks trading ex-dividend on Tuesday, August 27, 2024:
Amarjothi Spinning Mills Ltd, Jai Corp Ltd, KDDL Ltd, KSE Ltd, Manorama Industries Ltd, Panchsheel Organics Ltd, United Drilling Tools Ltd, Windsor Machines Ltd
Stocks trading ex-dividend on Wednesday, August 28, 2024:
Asahi India Glass Ltd, Bajaj Steel Industries Ltd, DMCC Speciality Chemicals Ltd, Force Motors Ltd, Hazoor Multi Projects Ltd, Hindustan Zinc Ltd, International Combustion (India) Ltd, Sigachi Industries Ltd, Yuken India Ltd
Stocks trading ex-dividend on Thursday, August 29, 2024:
AMJ Land Holdings Ltd, Clean Science and Technology Ltd, Honda India Power Products Ltd, I G Petrochemicals Ltd, Jamna Auto Industries Ltd, Multibase India Ltd, Pudumjee Paper Products Ltd, Radiant Cash Management Services Ltd
Stocks trading ex-dividend on Friday, August 30, 2024:
Birla Precision Technologies Ltd, Career Point Ltd, Dai-Uchi Karkaria Ltd, Ganesh Housing Corporation Ltd, India Tourism Development Corporation Ltd, Jasch Gauging Technologies Ltd, Jindal Stainless Ltd, JTL Industries Ltd, Kajaria Ceramics Ltd, Kama Holdings Limited, MOIL Ltd, National Fittings Limited, Nava Ltd, NCC Limited, Oil India, Power Finance Corporation Ltd, POCL Enterprises Ltd, Prevest Denpro Ltd, Quick Heal Technologies Ltd, Quick Heal Technologies Ltd, Salzer Electronics Ltd, Sarda Energy & Minerals Ltd, Shyam Metalics and Energy Ltd, Shankar Lal Rampal Dye-Chem Ltd, Suyog Telematics Ltd, TVS Srichakra Ltd, Uflex Ltd, Vijaya Diagnostic Centre Ltd, Swastik Safe Deposit & Investments Ltd.
The following are the stocks that have declared a buyback in the upcoming week:
VLS Finance Ltd will declare a buyback of shares on August 26.
KDDL Ltd will declare a buyback of shares on August 27.
Suprajit Engineering Ltd will declare a buyback of shares on August 27.
Technocraft Industries (India) Ltd will declare a buyback of shares on August 27.
Indian Toners & Developers Ltd will declare a buyback of shares on August 30.
Weizmann Ltd will declare a buyback of shares on August 30.
A buyback is when a company buys back its shares from existing shareholders. A company can announce a buyback offer either through a tender offer, the open market, or odd-lot holders. The buyback offer price is usually higher than the market price.
Other Corporate Action:
Elitecon International Ltd: E.G.M. on August 26
Modern Engineering And Projects Ltd: Right Issue of Equity Shares on August 26
Aditya Vision Ltd: Stock Split From Rs. 10 to Rs. 1 on August 27
Shekhawati Industries Ltd: Consolidation of Shares on August 28
Vardhman Polytex Ltd: Right Issue of Equity Shares on August 28
Omprakash Tiwary is a business writer who delves into the intricacies of the corporate world. With a focus on finance and economic landscape. He offers readers valuable insights into market trends, entrepreneurship, and economic developments.
