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This means today will be the last day to buy the shares of these companies in order to qualify for the dividends they announced.
Dividends are paid to the shareholders who are listed in the company’s records on the record date. For the eligibility of the dividends, shares of the company must be purchased at least one day before the ex-date, as transactions settle the next day.
Investors who purchase the shares on the ex-date do not qualify for dividends.
Also read: After a 250% rally in 1 year, should you still chase the momentum in Godfrey Phillips shares?
Here is a list of other stocks, according to the StockEdge data, that will start trading on an ex-dividend basis from Wednesday:
Acknit Industries announced a dividend of Rs 1.5 per share.AGI Greenpac announced a dividend of Rs 6 per share.BCL Industries had declared a dividend of Rs 0.25 per share.
Finolex Industries will pay a dividend of Rs 2.5 per share.
Pondy Oxides & Chemicals declared a dividend of Rs 5 per share.
Sandur Manganese & Iron Ores declared a dividend of Re 1 per share.
SNL Bearings declared a dividend of Rs 7 per share.
Subros announced a dividend of Rs 1.8 per share.
TV Today Network will pay a dividend of Rs 8.5 per share.
Uttam Sugar Mills announced a dividend of Rs 2.5 per share.
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