Stock Market Alert: Ex-Dividend Dates and Corporate Actions for the Week Ahead

Stock Market Alert: Ex-Dividend Dates and Corporate Actions for the Week Ahead

VoM News Desk | September 17, 2023 | 06:52 PM IST | Breaking News | Follow on Google News

In the fast-paced world of finance, staying informed about upcoming stock market events is crucial for investors. This week, several prominent companies are set to go ex-dividend and undertake various corporate actions. Here’s a breakdown of what to expect in the coming days.

Understanding the Ex-Dividend Date
The ex-dividend date is a significant event in the world of stock trading. It marks the day when a company’s stock price adjusts to account for the next dividend payout. After this date, new buyers of the stock won’t be eligible to receive the upcoming dividend payment. Dividends are distributed to shareholders whose names are listed on the company’s record as of the record date.

Corporate Actions for the Week
Monday, September 18
J.B Chemicals & Pharmaceuticals: The company is announcing a stock split from ₹2 to ₹1.
Siyaram Silk Mills: Siyaram Silk Mills is declaring a buyback of shares.
Power Finance Corp (PFC): PFC is declaring a bonus issue in the ratio of 1:4.
Bhandari Hosiery Exports: The company will declare a rights issue.
Lancer Container Lines: Lancer Container Lines will announce a bonus issue in the ratio of 2:1.
Stocks Going Ex-Dividend on Monday, September 18
Several stocks will trade ex-dividend on this day. Some of the prominent ones include:

Container Corporation of India (CONCOR): The company has declared a final dividend of ₹2.
Glenmark Pharmaceuticals: Glenmark Pharmaceuticals will trade ex-dividend with a final dividend of ₹2.5.
Indiabulls Housing Finance: The company is trading ex-dividend with a final dividend of ₹1.25.
Mastek: Mastek has declared a final dividend of ₹12.
Mazagon Dock Shipbuilders: The company has declared a final dividend of ₹6.86.
Rail Vikas Nigam Ltd (RVNL): RVNL has declared a final dividend of ₹0.36.
Steel Authority of India (SAIL): SAIL is trading ex-dividend with a final dividend of ₹0.5.
Stocks Going Ex-Dividend on Wednesday, September 20
Notable stocks going ex-dividend on this day include:

63 Moons Technologies Ltd
Mazagon Dock Shipbuilders Ltd
Steel Authority Of India Ltd
Rail Vikas Nigam Ltd
Stocks Going Ex-Dividend on Thursday, September 21
Look out for these stocks going ex-dividend:

BSL Ltd
Cochin Shipyard Ltd
LT Foods Ltd
Power Mech Projects Ltd
Stocks Going Ex-Dividend on Friday, September 22
Closing the week with these stocks going ex-dividend:

Aartech Solonics Ltd
Mrs. Bectors Food Specialities Ltd
Bhandari Hosiery Exports Ltd
Platinumone Business Services Ltd
Stay Informed and Invest Wisely
Keeping an eye on ex-dividend dates and corporate actions is essential for investors seeking to make informed decisions in the stock market. Make sure to research these companies thoroughly and consult with financial experts if needed. Happy investing!

VoM News Desk

VoM News is an online web portal in jammu Kashmir offers regional, National & global news.