Dividend Stocks: Wipro, IIFL Finance, Mastek, among others to trade ex-dividend next week; check full list
Dividend Stocks: Shares of some companies, including Wipro Ltd, Angel One, Mastek, and few others will others will trade ex-dividend in the coming week, starting from Tuesday, January 23. Some other companies will also trade ex-split while some have announced a buy back of shares next 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. Also Read: FPIs snap buying streak to turn net sellers, offload ₹13,047 crore in Indian equities: What led to trend reversal?
Angel One Ltd: The company declared an interim dividend of ₹12.7.
Shares will trade ex-dividend on January 23. MAS Financial Services Ltd: The company declared an interim dividend of ₹3. Shares will trade ex-dividend on January 23.
Wipro Ltd: The IT major declared an interim dividend of ₹1. Shares will trade ex-dividend on January 24. IIFL Finance Ltd: The company declared an interim dividend of ₹4.
Shares will trade ex-dividend on January 25. KDDL Ltd: The company declared a dividend of ₹58. Shares will trade ex-dividend on January 25.
Ksolves India Ltd: The company declared an interim dividend of ₹7.5. Shares will trade ex-dividend on January 25. Mastek Ltd: The company declared an interim dividend of ₹7.
Shares will trade ex-dividend on January 25.
Arnold Holdings Ltd will declare a buyback of shares on January 25. A buyback is when a company buys back its shares from the existing shareholders.
