Dividend Stocks: Shares of several companies including Indian Railway Finance Corporation (IRFC), Jindal Stainless, Multi Commodity Exchange of India (MCX), Supriya Lifesciences, among many others will trade ex-dividend in the coming week, starting from Monday, September 11. 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.
Additionally, shares of ADF Foods will undergo a stock split from ₹10 to ₹2 on Monday, September 11, while Sarveshwar Foods will see a stock split from ₹10 to ₹1 on Friday, September 15. Here we list out details in regard to the some of the dividend stocks: Stocks trading ex-dividend on Monday, September 11:
Asahi India Glass Ltd, Dilip Buildcon Ltd, Dynamic Industries Ltd, Garware Technical Fibres Ltd, Gujarat Gas Ltd, Hisar Metal Industries Ltd, Jost's Engineering Co.