Upcoming Dividend Stocks in August: 21-Aug-2023

Tanushree Jaiswal Tanushree Jaiswal

Last Updated: 22nd August 2023 - 11:15 am

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Hello, investors! Make a huge red circle on your calendar for August 21, 2023, since it's a major deal. On this day, nine stocks do something special known as going "ex-dividend."

Now, what does "ex-dividend" mean? Think of it like this: it's the cutoff date for getting paid by the company if you own their stock. If you own the stock before August 21, you're in line to get some money from them in the form of a dividend. But if you buy the stock on or after August 21, you won't get that dividend payment this time.

Imagine it's like buying a ticket to a concert. If you get your ticket early, you're in for the whole show. But if you grab it at the last minute, you might miss out on the beginning.

So, if you like the idea of getting extra money from your investments, make sure you remember this date. It's like payday, but for your investments – and being on time is super important. And if all this money talk sounds confusing, consider talking to someone who knows their way around finances.

So, go ahead and put a big circle around August 21, 2023, on your calendar. And keep your eye on those 9 stocks. You might be in for a nice surprise in the form of a dividend payment!

 

Company

Dividend

Ex-Dividend Date

Reliance Industries Ltd (RIL)

9 per share

August 21

Chambal Fertilisers & Chemicals

3 per share

August 21

Finolex Industries

1.5 per share

August 21

ITD Cementation India

0.75 per share

August 21

Vascon Engineers

0.25 per share

August 21

Jagsonpal Pharmaceuticals

5 per share

August 21

Kriti Nutrients

0.25 per share

August 21

Linc

5 per share

August 21

ICICI Securities

9.25 per share

August 21


 

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