Corporate actions this week: Eicher Motors, ONGC to go ex-dividend, Avantel ex-split and more

economictimes.indiatimes.com:

corporate actions scheduled for this week. Coal India, ONGC, IRCTC, Jindal Steel & Power, Eicher Motors, and Hindalco will trade ex-dividend, while Avantel and Shree Oswal Seeds and Chemicals will ex-split 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. CAMS (Rs 20/share), Eicher Motors (Rs 37/share) Hindalco (Rs 3/share), KPIT Technologies (Rs 2.65/share), Mahanagar Gas (Rs 16/share), REC (Rs 3/share), Varun Beverages (Rs 1.25/share), ISGEC Heavy Engineering, Quest Capital Markets, Alkali Metals, Amba Enterprises, Everest Industries, Fine Organic Industries, Gateway Distriparks, HG Infra, Jindal Drilling & Industries, The Great Eastern Shipping Company and Heritage Foods will trade ex-dividend on Monday, August 14.

Meanwhile, Action Construction Equipment (Re 1/share), Benares Hotels (Rs 20/share), Bharat Electronics (Rs 0.6/share), Relaxo Footwears (Rs 2.5/share), Shilchar Technologies (Rs 10/share), The J&K Bank (Rs 0.5/share), Vedant Fashion (Rs 9/share), V-Guard Industries, The South Indian Bank, and Industrial & Prudential Investment Company will trade ex-dividend on August 17. On Friday, August 18, Apollo Hospitals Enterprise (Rs 9/share), Coal India (Rs 4/share), Container Corporation (Rs 2/share), IRCTC (Rs 2/share), Jindal Steel & Power (Rs 2/share), ONGC (Rs 0.5/share), Page Industries (Rs 75/share), Tata Metaliks (Rs 5/share), D-Link, Godawari Power and Ispat, Greenly Industries, JK Paper, LIC Housing Finance, Petronet LNG, RBL Bank, and Tega Industries