Dividend Stocks: Shares of several companies such as Ashok Leyland, Varun Beverages, TVS Holdings, among others will trade ex-dividend in the coming week with the onset of the new financial year 2024-25 (FY25), starting from Monday, April 1. Along with these, some other firms will also trade ex-split, ex-rights, and ex-bonus, according to data on the BSE. The ex-dividend date is the day on which 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. Also Read: FY24 Review: Tata Motors, Bajaj Auto, among D-Street's top 10 best-performing largecaps this fiscal; check full list Bharat Dynamics Ltd: The company declared an interim dividend of ₹8.85.
GPT Healthcare Ltd: The company declared an interim dividend of ₹1 TVS Holdings Ltd: The company declared an interim dividend of ₹94.
Ashok Leyland: The company declared an interim dividend of ₹4.95.
Sundaram-Clayton Ltd: The company declared an interim dividend of ₹5.15 Varun Beverages Ltd: The company declared a final dividend of ₹1.25.
Esab India Ltd: The company declared an interim dividend of ₹24 Visco Trade Associates Ltd: : The company declared an interim dividend of ₹1.
Sunrise Efficient Marketing Ltd declared a bonus issue in the ratio 1:2. Shares will trade ex-bonus on April 3. Cupid Ltd declared a bonus issue in the ratio 1:1.