IG Petrochemicals among 8 stocks to trade ex-dividend on Thursday; last date to buy today
IG Petrochemicals and 7 other companies are expected to be in focus today as they have set August 29 as the record date for determining shareholders eligible for dividend payments.
This means today will be the last day to buy the shares of these companies in order to be able to qualify for the dividends announced by them.
Dividends are paid to the shareholders who are listed in the company’s records on the record date. For the eligibility of the dividends, shares of the company must be purchased at least one day before the ex-date, as transactions settle the next day.
Investors who purchase the shares on the ex-date do not qualify for dividends.
Also read: Everything is in a bubble, only precious metals are relatively safe: Marc Faber
Here is a list of other stocks, as per StockEdge that will start trading on an ex-dividend basis from Thursday:
AMJ Land Holdings announced a final dividend of Rs 0.2 per share.
Clean Science And Technology declared a final dividend of Rs 3 per share.
Honda India Power Products had declared a final dividend of Rs 17.5 per share.
IG Petrochemicals had announced a final dividend of Rs 7.5 per share.
The board of Jamna Auto Industries had announced a final dividend of Rs 1.3 per share.
Multibase India had announced a final dividend of Rs 3 per share for its eligible shareholders.
Pudumjee Paper Products' board had announced a final dividend of Rs 0.6 per share.
Radiant Cash Management Services declared a final dividend of Rs 2.5 per share
(Disclaimer: Recommendations,
