Corporate actions this week: Adani Enterprises, Axis Bank to go ex-dividend, Nerolac Paints ex-bonus and more

economictimes.indiatimes.com:

Adani Enterprises, Mphasis, Biocon, Ashok Leyland, and Axis Bank will trade ex-dividend, while Kansai Nerolac Paints and Aptech will trade ex-bonus this week. The ex-dividend date is when the price of the equity shares of a company gets adjusted for the dividend payout.

It is one or two working days before the record date. All the shareholders whose names appear in the company's list by the end of the record date will be eligible to receive dividends.

Axtel Industries (Rs 3/share), Balaji Amines (Rs 10/share), Geojit Financial Services (Rs 1.5/share), Jyothy Labs (Rs 3/share), and Sundaram Finance Holdings (Rs 2.5/share) will trade ex-dividend on July 3. Whereas Agro Tech Foods (Rs 3/share), Alkyl Amines Chemicals (Rs 10/share), Motilal Oswal Financial Services (Rs 3/share), Nath Bio-Genes (Rs 2/share), Punjab & Sind Bank (Rs 0.48/share) and Tide Water Oil (Rs 15/share) will trade ex-dividend on Tuesday, July 4.

On Wednesday, July 5, Deepak Spinners (Rs 2.5/share), Mphasis (Rs 50/share), and Sundaram Finance (Rs 15/share) will trade ex-dividend. Meanwhile, Elegant Marbles & Grani Industries (Rs 3.3/share), IDBI Bank (Re 1/share), Kalpataru Projects International (Rs 7/share), and Yasho Industries (Rs 7/share) will trade ex-dividend on July 6.

Also, ACC (Rs 9.25/ share), Adani Enterprises (Rs 1.2/share), Alfred Herbert (Rs 3.5/share), Ambuja Cement (Rs 2.5/ share), Ashok Leyland (Rs 2.6/share), Axis Bank (Re 1/share), Bharat Forge (5.5/share), Biocon (Rs 1.5/share), Care Ratings (Rs 15/ share), CG Consumer Electricals (Rs 3/share), Delta, Happiest Minds Tech, LTTS, Narayana Hrudayalaya, Navin Fluorine, Redington, Sah Polymers, and Swaraj Engines will trade ex-dividend on Friday, July 7. Meanwhile, Kansai Nerolac Paints