This implies at this time would be the final day to purchase the shares of those corporations so as to have the ability to qualify for the dividends introduced by them.
Dividends are paid to the shareholders who’re listed within the firm’s information on the report date. For the eligibility of the dividends, shares of the corporate have to be bought not less than at some point earlier than the ex-date, as transactions settle the following day.
After the implementation of the T+1 framework, the report date and ex-date are the identical generally except there’s a market vacation after the ex-date.
Shareholders who purchase the inventory not less than at some point earlier than the ex-date are eligible for dividends as settlement occurs the following day. These shopping for the inventory on the ex-date should not eligible for dividends.
Here’s a record of all of the shares, in response to the StockEdge information, that may begin buying and selling ex-dividend from Tuesday:
Dev Info Know-how 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 Worldwide 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 last dividend of Rs 45 per share
GPT Infraprojects had declared an interim dividend of Rs 1 per share
Kaveri Seed Firm had declared an interim dividend of Rs 5 per share
Morganite Crucible had declared an interim dividend of Rs 30 per share
Polyplex Company had declared an interim dividend of Rs 9 per share
Solar TV Community had declared an interim dividend of Rs 5.5 per share
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(Disclaimer: Suggestions, strategies, views and opinions given by the specialists are their very own. These don’t characterize the views of Financial Occasions)
