Get Ready for Upcoming Dividends: 12-16 Feb 2024

Upcoming Dividends: 12-16 Feb 2024
Upcoming Dividends: 12-16 Feb 2024

by Tanushree Jaiswal Last Updated: Feb 12, 2024 - 04:45 pm 403 Views
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Stocks of several companies including Nestle India, ONGC, Power Grid Corporation of India, Dr. Lal PathLabs and others will go ex-dividend this week starting Monday, 12 February. Some other companies will also trade ex-bonus during the week.

Ex-dividend date is important for both current shareholders and potential new investors. It's the day when a company's shares start trading without including the value of the next dividend payment.

In simple terms, if you bought the stock before the ex-dividend date, you'll get the upcoming dividend payment. But if you bought it on or after the ex-dividend date, you won't receive the dividend.

 

Company

Interim Dividend (₹) Per Share

Ex-Dividend Date

Cochin Shipyard

3.50

12-Feb

Engineers India

2.00

12-Feb

Torrent Pharmaceuticals

22.00

12-Feb

Gulf Oil Lubricants India

16.00

13-Feb

KPR Mill Dividend

2.50

13-Feb

Indo Thai Securities

1.00

13-Feb

SMC Global Securities

1.20

13-Feb

Tamil Nadu Newsprint & Papers

3.00

13-Feb

Gulf Oil Lubricants India

16.00

13-Feb

Sundaram Finance Holdings

2.00

13-Feb

Orient Electric

0.75

13-Feb

Tube Investments of India

2.00

13-Feb

Steelcast

1.35

13-Feb

Dr. Lal PathLabs

12.00

13-Feb

Sumitomo Chemical

5.00

14-Feb

Dhanuka Agritech

8.00

14-Feb

Procter & Gamble Health

150 (Interim) + 150 (Special)

14-Feb

Archean Chemical Industries

1.00

14-Feb

HIL Limited

15.00

14-Feb

Nestle India

7.00

15-Feb

Power Grid Corporation of India

4.50

15-Feb

Man Infraconstruction

0.54

15-Feb

Uno Minda

0.65

15-Feb

IRCON International

1.80

16-Feb

Manappuram Finance

0.90

16-Feb

ONGC

4.00

16-Feb

Banco Products

20.00

16-Feb

 

Upcoming bonus issue announcements for the following companies:

  • Intellivate Capital Ventures Ltd has declared a bonus issue in the ratio of 2:1. This means shareholders will receive two additional shares for every one share held. The shares will start trading ex-bonus on 12 February.
  • K.P. Energy Ltd has also declared a bonus issue in the ratio of 2:1. Similar to Intellivate Capital Ventures Ltd, shareholders will receive two bonus shares for every one share held and the shares will trade ex-bonus on 12 February.
  • Akshar Spintex Ltd has declared a bonus issue in the ratio of 1:5. This implies that shareholders will be entitled to receive one additional share for every five shares held. Ex-bonus trading for Akshar Spintex Ltd will commence on 15 February.
     

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About the Author

Tanushree is a seasoned professional with 6 years of experience in the Fintech and Edtech industry.

Disclaimer

Investment/Trading in securities Market is subject to market risk, past performance is not a guarantee of future performance. The risk of loss in trading and investment in Securities markets including Equites and Derivatives can be substantial.
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