This week, there is a particular focus on a number of shares that are set to trade ex-dividend, a list that includes prominent companies such as Infosys, ITC, Colgate, Bajaj Finance, and Angel One. These shares will be impacted by dividends and other corporate actions, and these changes will be reflected in their trading performance over the coming week.
Among the many shares that will qualify for ex-dividend trading status this week are those belonging to large corporations such as ITC Ltd., L&T Finance, Trident, PowerGrid, Tata Consumer, Colgate, Bajaj Finance, Angel One, Infosys, and GlaxoSmithKline. The timeline for their trading status change falls between May 26 and April 30.
The ex-dividend date is a financial term describing the date after which a company’s stock price is adjusted to reflect the payout of a dividend. Normally, the ex-dividend date falls one business day before the Record Date, when the shareholders who are entitled to receive the dividend are determined.
The Cum dividend date, on the other hand, is the final date on which investors can purchase shares to qualify for the forthcoming dividend. This date generally falls one day before the ex-dividend date, making it another key date for investors to remember.
ITC has recently announced a final dividend of Rs 7.85 per share, which is an addition to an earlier-interim dividend of Rs 6.50 per share. Hence, the total dividend for the financial year 2024-2025 comes to Rs 14.35 per share.
ITC has decided that those shareholders who hold shares up until Wednesday, May 28, will be deemed eligible for this dividend, which is why this is the relevant cut-off date for investors to consider.
Infosys, another heavyweight in the list, has announced a final dividend as well. For the fiscal year 2024-2025, Infosys shareholders will receive a final dividend of Rs 22 per share.
To specify the qualifying shareholders for the dividend, Infosys has selected Friday, May 30, as the Record Date. Therefore, only those who have ownership of shares up until this date will be entitled to the declared dividend.
Bajaj Finance, a major entity in the financial industry, has disclosed its intention to pay a final dividend of Rs 44 per share to its shareholders. An announcement that will, no doubt, be closely monitored by its investors across the market.
To determine which shareholders will partake in the dividend payout, Bajaj Finance’s Record Date has been fixed as May 30, 2025. This signifies that those who hold shares up until this date will be accounted for while determining the dividend distribution.
In terms of dividends and corporate actions this week, a comprehensive list of affected companies include Infosys, ITC, Colgate, Bajaj Finance, and Angel One, among others. Each company’s ex-date, purpose, and record date precede the alterations in their trading status.
Staying informed about dividend declarations and their respective ex-dates can provide shareholders with valuable insights for managing their investments. Therefore, the weekly media coverages on upcoming dividends and ex-dividends dates serve as important resources for investors and shareholders alike.
In conclusion, this week promises substantial activity for a number of companies with up-coming ex-dividend dates. By keeping an eye on these dates and the related corporate actions, shareholders can manage their portfolios more effectively and potentially seize upon emerging opportunities.
The post Infosys, ITC, and More to Trade Ex-Dividend This Week appeared first on Real News Now.
About Author
