Dividend Stocks: Coal India, LIC, Hero MotoCorp, MRF, among others to trade ex-dividend next week; check full list
Dividend Stocks: Shares of several companies, including Coal India, Life Insurance Corporation (LIC) of India, Hero MotoCorp, Steel Authority of India (SAIL), and many others will others will trade ex-dividend in the coming week, starting from Monday, February 19. Some other companies will also trade ex-bonus and ex-rights in the coming week. 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 details in regard to the some of the dividend stocks: Aurobindo Pharma: The pharma major declared an interim dividend of ₹1.5.
Shares will trade ex-dividend on February 20. Coal India: The mining PSU declared an interim dividend of ₹1.5. Shares will trade ex-dividend on February 20.
Hindustan Aeronautics Ltd (HAL): The PSU major declared an interim dividend of ₹22. Shares will trade ex-dividend on February 20. Power Finance Corporation (PFC): The PSU major declared an interim dividend of ₹3.5.
Shares will trade ex-dividend on February 20. SAIL: The steel major declared an interim dividend of ₹1. Shares will trade ex-dividend on February 20.
Mrs. Bectors Food Specialities Ltd: The company declared an interim dividend of ₹1.25. Shares will trade ex-dividend on February 21.
Cummins India Ltd: The company declared an interim dividend of ₹18. Shares will trade ex-dividend on February 21. Hero MotoCorp: The company declared an interim dividend and a special dividend of ₹75 and ₹25 respectively.
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