Business · India Bureau
Multiple Indian firms set to go ex-dividend this week
Several listed companies including MCX, NALCO and Honasa Consumer are scheduled to trade ex-dividend this week, offering shareholders an opportunity to receive pending payouts. Investors should note the record dates to ensure eligibility for dividend collection.
LSN India ·
A clutch of Indian companies are set to go ex-dividend this week, with investors advised to review the Bombay Stock Exchange calendar for precise record dates and payment schedules.
Among the firms announcing ex-dividend trades are MCX, India's multi-commodity exchange, alongside NALCO, the state-owned aluminium producer, and Honasa Consumer, the personal care company. The ex-dividend dates mark the cutoff point after which new investors purchasing shares will not be entitled to the latest dividend payout.
Shareholders holding shares on the record date—typically one business day after the ex-dividend date—will remain eligible to receive the announced dividends. The dividends are expected to be credited to investor accounts within a specified timeframe following the record date.
Investors are recommended to cross-check the BSE calendar for specific record dates and dividend amounts, as these can vary between companies. Market participants should also consider the impact of ex-dividend trading on share valuations, as stock prices typically adjust downward by approximately the dividend amount on ex-dividend dates.