Out of the lot, two are Nifty companies, i.e., Titan and IndusInd Bank, along with other names like Bajaj Holdings & Investment, Voltas, REC, etc.
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Dividends are paid to shareholders whose names appear in the company's database on the record date. After the implementation of the T+1 framework, the record date and ex-date are the same in most cases unless there is a market holiday after the ex-date.
Shareholders who buy the stock at least one day before the ex-date are eligible for dividends as settlement happens the next day. Those buying the stock on the ex-date are not eligible for dividends.
Here is a list of stocks that are trading on an ex-dividend basis this week:
June 25
- Voltas: Voltas declared a dividend of Rs 5.50 per share and the ex-date for the purpose is June 25.
- Tata Elxsi: The ex-date for the dividend declared by Tata Elxsi is June 25. The company had announced a dividend of Rs 70 per share.
- Alkyl Amines Chemicals: The company announced a dividend of Rs 10 per share and the ex-date for the same is June 25.
- Cera Sanitaryware: The ex-date for Rs 60 per share dividend declared by Cera is June 25.
June 26
- Aegis Logistics: Aegis Logistics declared a dividend of Rs 2 per share while announcing the record date as June 26.
- Welspun Living: Welspun Living announced a dividend of Rs 0.10 per share and the ex-date for the purpose is June 26.
June 27
- Supreme Petrochem: The ex-date for Supreme Petrochem's dividend of Rs 7 per share is June 27.
- Titan: Ex-date for qualifying for the eligibility
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