Dividend Stocks: Shares of several companies including State Bank of India (SBI), Vedanta Ltd, Trent, among several others will trade ex-dividend in the coming week starting from Monday, May 20. Along with these, some other stocks will also trade ex-split, ex-rights, and ex-bonus.
Some companies have also announced other corporate actions including E.G.M, 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.
Avantel Ltd: The company declared an interim dividend of ₹0.20 Colgate-Palmolive (India) Ltd: The company declared an interim dividend of ₹26 and a special dividend of ₹10 Great Eastern Shipping Co. Ltd: The company declared an interim dividend of ₹10.8 High Energy Batteries (India) Ltd: The company declared a final dividend of ₹3 Kennametal India Ltd: The company declared an interim dividend of ₹30 Oberoi Realty Ltd: The company declared an interim dividend of ₹2 Ponni Sugars (Erode) Ltd: The company declared a dividend of ₹7 SBI: The state-owned lender declared a final dividend of ₹13.7 Seshasayee Paper & Boards Ltd: The company declared a final dividend of ₹5 Sula Vineyards Ltd: The company declared a final dividend of ₹4.5 Trent Ltd: The company declared a dividend of ₹3.2
QGO Finance Ltd: The company declared an interim dividend of ₹0.15 Tata Consumer Products Ltd: The company declared a final dividend of ₹7.75 Vedanta Limited: The metals-to mining major declared an interim