Dividend Stocks: ONGC, Reliance Industries, IRCTC, ABB India, among others, to trade ex-dividend next week; full list

Dividend-paying stocks: Shares of several major companies including Jindal Steel & Power Ltd, Reliance IndustriesDr Lal Pathlabs, Mazda Ltd, Titagarh Rail Systems Ltd, Aster DM Healthcare Ltd, ABB India, among others, will trade ex-dividend from Monday, August 19, 2024. According to BSE data, some companies have announced other corporate actions such as share buybacks, bonus issues and stock splits.

The ex-dividend date is the day on which the stock price is adjusted to reflect the next dividend payment. It is the day on which the stock becomes ex-dividend, meaning that it does not retain the value of its next dividend payment from that day onwards. Dividends are paid to all shareholders whose names appear on the company’s list at the end of the record date.

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The following are the stocks that have declared dividends in the next week:

Shares trading ex-dividend on Monday, August 19, 2024:

Man Infraconstruction Ltd, Action Construction Equipment Ltd, Dr. Agarwals Eye Hospital Ltd, Reliance Industries Ltd.

Shares trading ex-dividend on Tuesday, August 20, 2024:

English: Companies such as AIA Engineering Ltd., Apar Industries Ltd., Balkrishna Industries Ltd., Century Enka Ltd., Coral India Finance & Housing Ltd., Indo Borax & Chemicals Ltd., IRB Infrastructure Developers Ltd., JK Paper Ltd., Dr. Lal Pathlabs Ltd., Leel Electricals Ltd., Mitsu Chem Plast Ltd., National Peroxide Ltd., Omnitex Industries (India) Ltd., The Phoenix Mills Ltd., PI Industries Ltd., Rain Industries Ltd., Ratnamani Metals & Tubes Ltd., Sanghvi Movers Ltd., South Indian Bank Ltd., Sun Tv Network Ltd., Titagarh Rail Systems.

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Stocks trading ex-dividend on Wednesday, August 21, 2024:

Spanish Product Groups: Bharat Bijlee Ltd., Emami Paper Mills Ltd., Engineers India Ltd., Gateway Distriparks Ltd., Hindustan Aeronautics Ltd (HAL), India Glycols Ltd., ISGEC Heavy Engineering Ltd., ITD Cementation India Ltd., KPI Green Energy Ltd., Linc Ltd., Credo Brands Marketing Ltd., Pfizer Ltd., Rajapalayam Mills Ltd., Satia Industries Ltd., Satia Industries Ltd., Sumedha Fiscal Services Ltd., Symphony Limited, Uniparts India Ltd., Vidhi Specialty Food Ingredients Ltd.

Shares trading ex-dividend on Thursday, August 22, 2024:

A-1 Acid Ltd, Aster DM Healthcare Ltd, Benares Hotels Ltd, Gretex Corporate Services Ltd, Globus Spirits Ltd, Goldiam International Ltd, Hester Biosciences Ltd, Hindware Home Innovation Ltd, Investment and Precision Foundries Ltd, Indian Railway Finance Corporation ( IRFC), Jindal Steel & Power Ltd (JSPL), Kakatiya Cement Sugar & Industries Ltd, LG Balakrishnan & Bros. Ltd, Mazda Ltd, Omax Autos Ltd, Panama Petrochem Ltd, Relaxo Footwears Ltd, Sirca Paints India Ltd

Shares trading ex-dividend on Friday, August 23, 2024:

Spanish ABB India Limited, AK Capital Services Ltd, Astra Microwave Products Ltd, Bhageria Industries Ltd, Bhatia Communications & Retail (India) Ltd, Crest Ventures Limited, Crestchem Ltd, Deepak Spinners Ltd, Dynacons Systems & Solutions Ltd, Everest Kanto Cylinder Ltd, Federal Bank Ltd, Gujarat Ambuja Exports Ltd, Gandhar Oil Refinery (India) Ltd, Godfrey Phillips India Ltd, Gujarat Hotels Ltd, Insecticides (India) Ltd, Indian Railway Catering And Tourism Corporation Ltd (IRCTC), IL & FS Investment Managers Ltd, KFin Technologies Ltd, KP Energy Ltd, Kronox Lab Sciences Ltd, Kuantum Papers Ltd, LIC Housing Finance Ltd, Vedant Fashions Ltd, Max Healthcare Institute Ltd, Mayur Uniquoters Ltd, Meera Industries Ltd, Natco Pharma Ltd, Nicco Parks & Resorts Ltd, Corporation Oil and Natural Gas Company (ONGC), RJ Shah & Co. Ltd, Rashi Peripherals Ltd, Surya Roshni Ltd, Upsurge Investment & Finance Ltd, Venky’s (India) Ltd, The Yamuna Syndicate Ltd.

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The following are the stocks that have declared a bonus issue in the next week:

PVV Infra Ltd A free capital increase has been declared at a ratio of 1:1. The shares will be traded ex-bonus on 20 August.

Spraying Ltd. A free capital increase has been declared at a ratio of 1:1. The shares will be traded ex-bonus on 21 August.

Mantra Lifestyle Ltd. Clothing A free capital increase has been declared at a ratio of 1:1. The shares will be traded ex-bonus on 23 August.

A bonus share issue is a corporate action that allows existing shareholders to subscribe for additional shares. Instead of increasing dividend payments, companies offer to distribute additional shares to shareholders. For example, the company may grant one bonus share for every ten shares held.

The following are the stocks that have declared a buyback in the next week:

Chaman Lal Setia Exports Ltd will declare a share buyback on August 19.

AIA Engineering Ltd. will declare a share buyback on August 20.

Limited Symphony will declare a share buyback on August 21.

Mayur Uniquoters Ltd will declare a share buyback on August 23.

A buyback is when a company buys back its shares from existing shareholders. A company may announce a buyback offer through a tender offer, on the open market, or through odd-lot shareholders. The buyback offer price is usually higher than the market price.

Other corporate actions:

Explicit Finance Ltd: Extraordinary General Assembly of August 19

Shalibhadra Finance Ltd: Extraordinary General Assembly of August 21

Black box sl: Extraordinary General Assembly of August 22

Trust in data infrastructure: Income Distribution (InvIT) on August 22

Money Masters Leasing & Finance Ltd: Stock split from Rs 10 to Rs 1 on August 22

Narmada Macplast Ltd Drip Irrigation Systems: Extraordinary General Assembly of August 23