Dividend stocks: According to BSE, CARE Ratings Ltd, Coal India, Dr. Shares of major companies like Lal PathLabs, Sasken Technologies will trade ex-dividend from Tuesday, November 5, 2024. According to BSE data, some major companies have announced various corporate actions including extraordinary general meeting (EGM), bonus issue and stock split. The day on which the equity share price adjusts to reflect the next dividend payment is known as the ex-dividend date. When a stock goes ex-dividend, it means that the stock no longer holds the price of its next dividend payment from that day forward.
These stocks will trade on ex-dividend on November 5
- Care Ratings Limited: The company declared an interim dividend of ₹7.
- Coal India Limited: The company declared an interim dividend of ₹15.75.
- Dr. Lal Pathlabs Limited: The company declared an interim dividend of ₹6.
- Sasken Technologies Limited: The company declared an interim dividend of ₹12.
Coal India’s record date is 5 November
Shares of Coal India, Dr Lal PathLabs, Care Ratings and Sasken Technologies will be in focus today as they will go ex-dividend tomorrow i.e. November 5, 2024, following their recent interim dividend. Coal India has declared an interim dividend of Rs 15.75 per share and set the record date for November 5 to determine the shareholders eligible for this payment. Similarly, Dr Lal PathLabs and Care Ratings have declared interim dividends of Rs 6 and Rs 7 per share, respectively, with both setting the record date for November 5.
What is ex-date and record date?
Ex-Date: Ex-date is the date by which the buyer of the company’s shares is entitled to receive the dividend or bonus. This means that if you buy shares after this date, you will not be eligible for the benefits. The ex-date is determined by the company.
Record date: The record date is the time when the company prepares its list of shareholders entitled to receive dividends or bonuses. This list includes investors who have purchased shares till the ex-date.