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Get Ready for Upcoming Dividends: 12-16 Feb 2024
Last Updated: 12th February 2024 - 04:45 pm
Stocks of several companies including Nestle India, ONGC, Power Grid Corporation of India, Dr. Lal PathLabs and others will go ex-dividend this week starting Monday, 12 February. Some other companies will also trade ex-bonus during the week.
Ex-dividend date is important for both current shareholders and potential new investors. It's the day when a company's shares start trading without including the value of the next dividend payment.
In simple terms, if you bought the stock before the ex-dividend date, you'll get the upcoming dividend payment. But if you bought it on or after the ex-dividend date, you won't receive the dividend.
Company |
Interim Dividend (₹) Per Share |
Ex-Dividend Date |
3.50 |
12-Feb |
|
2.00 |
12-Feb |
|
22.00 |
12-Feb |
|
16.00 |
13-Feb |
|
2.50 |
13-Feb |
|
1.00 |
13-Feb |
|
1.20 |
13-Feb |
|
3.00 |
13-Feb |
|
16.00 |
13-Feb |
|
2.00 |
13-Feb |
|
0.75 |
13-Feb |
|
2.00 |
13-Feb |
|
1.35 |
13-Feb |
|
12.00 |
13-Feb |
|
5.00 |
14-Feb |
|
8.00 |
14-Feb |
|
150 (Interim) + 150 (Special) |
14-Feb |
|
1.00 |
14-Feb |
|
15.00 |
14-Feb |
|
7.00 |
15-Feb |
|
4.50 |
15-Feb |
|
0.54 |
15-Feb |
|
0.65 |
15-Feb |
|
1.80 |
16-Feb |
|
0.90 |
16-Feb |
|
4.00 |
16-Feb |
|
20.00 |
16-Feb |
Upcoming bonus issue announcements for the following companies:
- Intellivate Capital Ventures Ltd has declared a bonus issue in the ratio of 2:1. This means shareholders will receive two additional shares for every one share held. The shares will start trading ex-bonus on 12 February.
- K.P. Energy Ltd has also declared a bonus issue in the ratio of 2:1. Similar to Intellivate Capital Ventures Ltd, shareholders will receive two bonus shares for every one share held and the shares will trade ex-bonus on 12 February.
- Akshar Spintex Ltd has declared a bonus issue in the ratio of 1:5. This implies that shareholders will be entitled to receive one additional share for every five shares held. Ex-bonus trading for Akshar Spintex Ltd will commence on 15 February.
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Tanushree Jaiswal
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