These 10 stocks to trade ex-dividend from Tuesday. Last chance to buy for eligibility

The shares of Sun TV Network and Gillette India among 10 stocks are likely to hog attention in Monday’s trading session as these companies have their ex-date on November 26, i.e, tomorrow, for determining the eligible shareholders for their announced dividends.

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.

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 all the stocks, according to the StockEdge data, that will start trading ex-dividend from Tuesday:

Dev Information Technology had declared an interim dividend of Rs 0.25 per share

Dolat Algotech had declared an interim dividend of Rs 0.25 per share

Elpro International had declared an interim dividend of Rs 0.7 per share

Ganesha Ecosphere had declared an interim dividend of Rs 1.5 per share

Gillette India had declared a final dividend of Rs 45 per share

GPT Infraprojects had declared an interim dividend of Rs 1 per share

Kaveri Seed Company had declared an interim dividend of Rs 5 per share

Morganite Crucible had declared an interim dividend of Rs 30 per share

Polyplex Corporation had declared an interim dividend of Rs 9 per share

Sun TV Network had declared an interim dividend of Rs 5.5 per share

Also read: Goldman Sachs sets Nifty target at 27,000 in 2025

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)

FOLLOW US ON GOOGLE NEWS

Read original article here

Denial of responsibility! Secular Times is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – seculartimes.com. The content will be deleted within 24 hours.

Leave a Comment