Dividend Stocks: Century Textiles, Ingersoll-Rand, five other stocks to trade ex-dividend today- July 17
Lloyds Steels Industries Ltd, Modison Ltd, Rane Brake Lining Ltd, and Walchand Peoplefirst Ltd among others will be under investors’ radar on Monday as they will trade ex-dividend today. Today, seven stocks will trade ex-dividend. 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 shareholders whose names appear on the company's list by the end of the record date. Here we list out full details in regard to those dividend stocks: Century Textiles & Industries Ltd: The company has declared a dividend of ₹5.
It will trade ex-dividend on July 17, 2023. “Recommended a dividend of ₹5 per share of ₹10- each equivalent to 50% (fifty percent) on paid up equity share capital of the company for the year ended 31st March, 2023, as against 40% paid for the previous year. The dividend will be subject to approval of the shareholders in the ensuing Annual General Meeting of the Company," said the company in an exchange filing. Ingersoll-Rand (India) Ltd: The company has declared a dividend of ₹20.
It will trade ex-dividend on July 17, 2023. “We wish to further inform you that the board at its meeting held today has recommended a final dividend of ₹20 per equity share of face value of ₹10- each for the financial year ended March 31, 2023, which is subject to approval of the shareholders at the next Annual General Meeting. The dividend, if approved by the shareholders at the next Annual General Meeting shall be paid within the time stipulated by the Companies Act, 2013," said the company in an exchange filing.
Read more on livemint.com
