HDFC Bank (HDB) and HCL Tech (HCLT) Stocks Set to Trade Ex-Dividend Next Week: Key Takeaways for Crypto Investors

  • Several companies including Bank of Maharashtra, HCL Technologies, HDFC Bank, and others will trade ex-dividend in the upcoming week starting from Monday, May 6.
  • The ex-dividend date is the day on which the equity share price adjusts to reflect the next dividend payout.
  • Dividends are payable to all the shareholders whose names appear on the company’s list by the end of the record date.

Stay updated with the latest dividend payouts and corporate actions of leading companies in the coming week.

Upcoming Ex-Dividend Dates

Several companies have announced their ex-dividend dates for the upcoming week. The ex-dividend date is crucial for investors as it is the cutoff day on which the stock price adjusts to account for the payment of dividends. Investors need to have their name on the company’s record by the end of the record date to receive the dividend payout.

Companies Trading Ex-Dividend

Here are the companies that will trade ex-dividend in the coming week:
On Monday, May 6, John Cockerill India Ltd will trade ex-dividend, having declared a final dividend of ₹7.
On Tuesday, May 7, HCL Technologies and Oracle Financial Services Software Ltd will trade ex-dividend, declaring interim dividends of ₹18 and ₹240 respectively.
On Wednesday, May 8, Laurus Labs will trade ex-dividend, having declared an interim dividend of ₹0.04.
On Thursday, May 9, G.M. Breweries Ltd will trade ex-dividend, having declared a final dividend of ₹7.
On Friday, May 10, several companies including Aptech Ltd, DCB Bank Ltd, Gujarat Intrux Ltd, HDFC Bank Ltd, Bank of Maharashtra, Ramkrishna Forgings, Transformers And Rectifiers (India) Ltd, and UCO Bank will trade ex-dividend. The dividend amounts range from ₹0.2 to ₹19.5.

Other Corporate Actions

In addition to dividend payouts, several companies have also announced other corporate actions. For instance, Embassy Office Parks REIT, IRB InvIT Fund, and Mindspace Business Parks REIT have scheduled income distribution rites in the coming week. Abhishek Corporation Ltd has planned a resolution plan suspension on May 10, and G.K. Consultants Ltd has an E.G.M. scheduled for the same day.

Conclusion

Investors should keep an eye on these ex-dividend dates and other corporate actions to make informed investment decisions. Dividend payouts can be a significant source of income for shareholders, and understanding the ex-dividend date is crucial to ensure eligibility for the next payout.

Don't forget to enable notifications for our Twitter account and Telegram channel to stay informed about the latest cryptocurrency news.

BREAKING NEWS

Michigan State Retirement Fund Invests $10 Million in Grayscale Ethereum Trust, Securing Major Stake

The Michigan State Retirement Fund has strategically positioned itself...

Grayscale Proposes Listing for Grayscale Digital Large Cap Fund (GDLC) as ETP with Bitcoin Dominating Holdings

On November 4, COINOTAG News reported that Grayscale has...

Fragmetric Completes Builder Round Financing to Enhance Solana Ecosystem Security and Liquidity

On November 4th, COINOTAG News reported that Fragmetric, a...

Vitalik Buterin Warns Against Exclusion of Russian Developers in Open Source Community

On November 4th, Vitalik Buterin, co-founder of Ethereum, took...

Bitcoin Volatility Soars Amid U.S. Election Impact on Crypto Markets

Bitcoin Volatility Surges as U.S. Election Heightens Stakes for...
spot_imgspot_imgspot_img

Related Articles

spot_imgspot_imgspot_imgspot_img

Popular Categories

spot_imgspot_imgspot_img