Upcoming Dividend Stocks in August: 21-Aug-2023

Tanushree Jaiswal 22nd August 2023 - 11:15 am

Hello, investors! Make a huge red circle on your calendar for August 21, 2023, since it's a major deal. On this day, nine stocks do something special known as going "ex-dividend."

Now, what does "ex-dividend" mean? Think of it like this: it's the cutoff date for getting paid by the company if you own their stock. If you own the stock before August 21, you're in line to get some money from them in the form of a dividend. But if you buy the stock on or after August 21, you won't get that dividend payment this time.

Imagine it's like buying a ticket to a concert. If you get your ticket early, you're in for the whole show. But if you grab it at the last minute, you might miss out on the beginning.

So, if you like the idea of getting extra money from your investments, make sure you remember this date. It's like payday, but for your investments – and being on time is super important. And if all this money talk sounds confusing, consider talking to someone who knows their way around finances.

So, go ahead and put a big circle around August 21, 2023, on your calendar. And keep your eye on those 9 stocks. You might be in for a nice surprise in the form of a dividend payment!

Company	Dividend	Ex-Dividend Date
Reliance Industries Ltd (RIL)	₹9 per share	August 21
Chambal Fertilisers & Chemicals	₹3 per share	August 21
Finolex Industries	₹1.5 per share	August 21
ITD Cementation India	₹0.75 per share	August 21
Vascon Engineers	₹0.25 per share	August 21
Jagsonpal Pharmaceuticals	₹5 per share	August 21
Kriti Nutrients	₹0.25 per share	August 21
Linc	₹5 per share	August 21
ICICI Securities	₹9.25 per share	August 21

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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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