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what is ex dividend date

Explain that when the company is profitable, it declares dividend for its investors. This attracts new investors towards the company. This increases the confidence of the company among the investors. On the other hand, the ex-dividend date is the date after which investors do not get the benefit of dividend on buying shares. Let’s start trading the stock making dividend profit. Normally, investors have to buy shares a day or two before the record date.

Dividend will be available on these dates

Companies that are going to pay dividend to investors include Ramakrishna Forgings, Oracle Financial Services, Coforge, Laurus Labs, Indiamart Intermesh, Kewal Kiran Clothing, Aptus Value Housing Finance and 360 One Wham. IT company Oracle Financial Services Software Limited is going to give a dividend of Rs 225 per equity share to its investors. It will trade as ex-dividend on May 9. Last Friday, the company’s shares had closed at Rs 3,670.

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These companies are giving dividend

Home loan service provider Aptus Value Housing Finance will issue a dividend of Rs 2 per equity share to investors. The share price will convert to ex-dividend on May 12. IIFL Wealth Management, trading under the name of 360 One Wham, has fixed the ex-dividend date on May 12. The company has declared a dividend of Rs 4 per share. Apparel manufacturer Keval Kiran Clothing will pay a dividend of Rs 2 per equity share to investors. The company has fixed May 11 as the ex-dividend. IndiaMART InterMESH Ltd Company has declared a Final Dividend of Rs.20 per share. The company has fixed the record date and ex-dividend date as May 11.

Laurus Labs has declared a dividend of Rs 1.20 per equity share. Its ex-dividend date is May 10. IT company Coforge will pay a dividend of Rs 19 per share to investors. The share price of the company will convert to ex-dividend on 10th May. Ramkrishna Forgings Ltd will pay a dividend of Rs 0.50 per equity share to investors. The shares will convert into ex-dividend on May 9.