Dividend Stocks: Shares of several companies including Steel Authority of India (SAIL), Mazagon Dock Shipbuilders, Rail Vikas Nigam Limited (RVNL), Mastek Ltd, among several others will trade ex-dividend in the coming week, starting from Monday, September 18. 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 J.B Chemicals & Pharmaceuticals will declare a stock split from ₹2 to ₹1 on September 18. Siyaram Silk Mills will declare buy back of shares on September 18.
Power Finance Corp (PFC) will declare a bonus issue in the ratio 1:4 on September 21. Bhandari Hosiery Exports will declare a rights issue on September 22 and Lancer Container Lines will declare a bonus issue in the ratio 2:1 on the same day. Here we list out details in regard to the some of the dividend stocks: Container Corporation of India (CONCOR): The company declared a final dividend of ₹2.
Shares will trade ex-dividend on September 18. Glenmark Pharmaceuticals: The company declared a final dividend of ₹2.5 Shares will trade ex-dividend on September 18. Indiabulls Housing Finance: The company declared a final dividend of ₹1.25.
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