The shares of Orient Technologies and Steelcast among 12 companies, are likely to be in focus today as they have November 22 as the ex-date for the purpose of determining the eligible shareholders for dividend payments . This means today will be the last day to buy the shares of these companies in order to be able to qualify for the dividends announced by them. 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. After implementation of the T+1 framework, the record date and ex-date are the same in most cases unless there is a market holiday after the ex-date. Shareholders who buy the stock at least one day before the ex-date are eligible for dividends as settlement happens the next day.
Those buying the stock on the ex-date are not eligible for dividends. Stock Trading RSI Made Easy: RSI Trading Course By - Souradeep Dey, Equity and Commodity Trader, Trainer View Program Stock Trading Technical Analysis Demystified: A Complete Guide to Trading By - Kunal Patel, Options Trader, Instructor View Program Stock Trading ROC Made Easy: Master Course for ROC Stock Indicator By - Souradeep Dey, Equity and Commodity Trader, Trainer View Program Stock Trading Heikin Ashi Trading Tactics: Master the Art of Trading By - Dinesh Nagpal, Full Time Trader, Ichimoku & Trading Psychology Expert View Program Stock Trading Technical Trading Made Easy: Online Certification Course By - Souradeep Dey, Equity and Commodity Trader, Trainer View Program Stock Trading Technical Analysis Made Easy: Online Certification Course By - Souradeep Dey, Equity and Commodity Trader, Trainer View Program Stock Trading Advanced Strategies in Stock Market Mastery By - CA Raj K Agrawal, Chartered Accountant View Program Stock Trading Point & Figure Chart Mastery: A Comprehensive Trading Guide By - Mukta Dhamankar, Full Time Trader, 15 Years Experience, Instructor View Program Stock Trading Stock Investing Made Easy: Beginner's Stock Market Investment Course By - elearnmarkets, Financial Education by StockEdge View Program Stock Trading Options Trading Made Easy: Options Trading Course By - Anirudh Saraf, Founder- Saraf A & Associates, Chartered Accountant View Program Stock Trading RSI Trading Techniques: Mastering the RSI Indicator By - Dinesh Nagpal, Full Time Trader, Ichimoku & Trading Psychology Expert View Program Stock Trading Macroeconomics Made Easy: Online Certification Course By - Anirudh Saraf, Founder- Saraf A & Associates, Chartered Accountant View Program Stock Trading Market 101: An Insight into Trendlines and Momentum By - Rohit Srivastava, Founder- Indiacharts.com View Program Stock Trading Mastering Options Selling: Advanced Strategies for Success By - CA Manish Singh, Chartered Accountant, Professional Equity and Derivative Trader View Program Below is a list of stocks that will start trading ex-dividend from Friday, according to the StockEdge data: Dhruv Consultancy Services had declared a dividend of Rs.
0.1 per share. FDC Ltd had declared a dividend of Rs.
5 per share. Krishna Defence and Allied Industries had declared a dividend of Rs. 0.
5 per share. Mawana Sugars had declared a dividend of Rs. 3 per share.
MSTC Ltd had declared a dividend of Rs. 4 per share. Nile Ltd had declared a dividend of Rs.
4 per share. Orient Technologies had declared a dividend of Rs. 1.
8 per share. Padam Cotton Yarns had declared a dividend of Rs. 1 per share.
Panama Petrochem had declared a dividend of Rs. 2 per share. Premco Global had declared a dividend of Rs.
39 per share. Steelcast had declared a dividend of Rs. 1.
35 per share. Veedol Corporationhad declared a dividend of Rs. 20 per share.
( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times) (You can now subscribe to our ETMarkets WhatsApp channel ).
Business
12 stocks to trade ex-dividend from Friday. Last chance to buy for eligibility
Twelve companies, including Orient Technologies and Steelcast, have set November 22nd as the ex-dividend date. Investors looking to receive dividends from these companies must purchase shares before this date. The article lists each company and their respective dividend amounts.