Shares of three companies including Milkfood Ltd, Veeram Securities and Talbros Automative Components Ltd among others will trade ex-dividend in the coming week, starting Tuesday November 28.
The ex-dividend date is the day on which the stock’s share price adjusts to reflect the next dividend payment. It is the day the stock becomes ex-dividend, meaning it does not carry the value of its next dividend payment from that day forward. Dividends are payable to all shareholders whose names appear on the company’s list before the end of the record date.
Additionally, SAPC shares will declare a rights issue of equity shares and Alphalogic Industries Ltd will trade ex-bono in the coming week.
The following are the stocks that declared a dividend in the coming week:
Talbros Automotive Components Ltd: The company declared an interim dividend of ₹0.2. Shares will trade ex-dividend on November 28.
Veeram Securities Ltd: The company declared an interim dividend of ₹0.5. Shares will trade ex-dividend on November 28.
Milkfood Ltd: The company declared an interim dividend of ₹2.5. Shares will trade ex-dividend on November 28.
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Updated: 25 Nov 2023, 18:58 IST