Dividend Stocks: Shipping Corp of India, Metro Brands, others to trade ex-dividend next week; check full list

livemint.com:

Dividend Stocks: Shares of several companies including Shipping Corporation of India, NMDC, Birla Corporation, Metro Brands, among many others will trade ex-dividend in the coming week, starting from Monday, August 28. 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 Indo Us Bio-Tech Ltd, G N A Axles, will trade ex-bonus on August 29 and September 1, respectively. Remedium Lifecare Ltd will declare a stock split from ₹10 to ₹5 on September 1.

Here we list out details in regard to the some of the dividend stocks: Birla Corporation: The company declared a final dividend of ₹2.5. Shares will trade ex-dividend on August 29. Tamilnad Mercantile Bank: The company declared a final dividend of ₹5.

Shares will trade ex-dividend on August 29. CMS Info Systems: The company declared a final dividend of ₹4.75. Shares will trade ex-dividend on August 31.

NMDC: The company declared a final dividend of ₹2.85. Shares will trade ex-dividend on August 31. Shipping Corporation of India: The company declared a dividend of ₹0.44.

Shares will trade ex-dividend on September 1. Bannari Amman Sugars Ltd, Precision Wires India Ltd. Birla Corporation Ltd, Elnet Technologies Ltd, GMM Pfaudler Ltd, Mysore Petro Chemicals, Pilani Investment And Industries Corporation, Tamilnad Mercantile Bank CMS Info Systems, Ion Exchange (India) Ltd, SKM Egg Products Export (India) Ltd, Tanla Platforms Baid Finserv, B&A Packaging India,