Upcoming Dividend in Feb 2024; Mark Your Calendar

Tanushree Jaiswal 5th February 2024 - 03:28 pm

Stocks of several companies, including ITC, Hindustan Petroleum Corporation Ltd (HPCL), Gillette India, NTPC, and others, will go ex-dividend next week starting Monday, 5 February. Some other companies will also trade ex-bonus during the upcoming week.

Ex-dividend date is important for both current shareholders and potential new investors. It's the day when a company's shares start trading without including the value of the next dividend payment.

In simple terms, if you bought the stock before the ex-dividend date, you'll get the upcoming dividend payment. But if you bought it on or after the ex-dividend date, you won't receive the dividend.

Company	Interim Dividend (₹) Per Share	Ex-Dividend Date
Coforge Ltd	19	February 5
Mahanagar Gas Ltd	12	February 5
Tanla Platforms	6	February 5
C G Power and Industrial Solutions	1.3	February 5
Apcotex	2	February 5
Sona BLW Precision Forgings	1.53	February 5
MGL	12	February 5
CMS Info Systems	2.5	February 6
Aarti Drugs	1	February 6
GAIL (India) Ltd	5.5	February 6
Motilal Oswal Financial Services	14	February 6
NTPC Ltd	2.25	February 6
Bhansali Engineering Polymers	1	February 7
Cholamandalam Investment and Finance	1.3	February 7
CONCOR	4	February 7
HPCL	15	February 7
Symphony	2	February 7
VIP	2	February 7
SRF	3.6	February 7
Gillette India	45 (Interim) + 40 (Special)	February 8
ITC Ltd	6.25	February 8
Shree Cement Ltd	50	February 8
RITES Ltd	4.75	February 9
Sun Pharmaceutical Industries	8.75	February 9
KPIT	2.1	February 9

Upcoming Bonus Issue

Maagh Advertising and Marketing Services Ltd has announced a bonus issue in the ratio of 1:4. Shares are scheduled to trade ex-bonus on 5 February.
Intellivate Capital Ventures Ltd has declared a bonus issue in the ratio of 2:1. Shares will trade ex-bonus on 7 February.
Akshar Spintex Ltd has announced a bonus issue in the ratio of 1:5, and shares will be traded ex-bonus on 8 February.
Shreeji Translogistics Ltd has declared a bonus issue in the ratio of 1:3, and shares will trade ex-bonus on 8 February.

Final Words

Investors, make sure to remember these dates if you're keeping an eye on dividends. Being aware of these dates will help you stay informed about dividend distributions and bonus issues for the mentioned companies. Stay tuned and use this information wisely for your investment decisions.

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Tanushree Jaiswal

Disclaimer: Investment/Trading in securities Market is subject to market risk, past performance is not a guarantee of future performance. The risk of loss in trading and investment in Securities markets including Equites and Derivatives can be substantial.

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