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  5. SBI, Vedanta among 11 stocks that will trade ex-dividend next week

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SBI, Vedanta among 11 stocks that will trade ex-dividend next week

Upstox
By Upstox News Desk

3 min read | Updated on May 17, 2024, 14:15 IST

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SUMMARY

Here is the list of the companies that are becoming ex-dividend next week, starting May 21, along with their ex-dates so that investors do not miss the chance of receiving the dividend reward.

Stock list

SBIN
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SULA
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TRENT
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COLPAL
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GESHIP
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KENNAMET
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OBEROIRLTY
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TATACONSUM
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VEDL
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SBI, Vedanta among 11 stocks that will trade ex-dividend next week

Shares of around 11 companies including State Bank of India, Vedanta and Colgate Palmolive (India) Ltd are turning ex-dividend next week. As many as eight stocks are turning ex-dividend on May 22 while the rest four will turn ex-dividend on May 24.

Investors who want to enjoy the dividend payment must keep an eye on the ex-dates of these stocks. The ex-date is the deadline by which an investor needs to buy shares of a company to become eligible for receiving dividend payments. Shares purchased after the ex-date do not get the benefit of the dividend announced by the company.

Here is the list of the companies that are becoming ex-dividend next week, starting May 21, along with their ex-dates so that investors do not miss the chance of receiving the dividend reward.

  1. State Bank of India (ex-date May 22)
India’s largest bank State Bank of India has announced a final dividend of ₹13.7 per share for FY 2023-24. The ex-date and the record date for dividend payment is May 22, 2024.
  1. Sula Vineyards Ltd (ex-date May 22)
Wine maker Sula Vineyards Ltd has announced a dividend of a final dividend of ₹4.5 per share for FY 2023-24. The ex-date and the record date for dividend payout is May 22, 2024.
  1. Trent Ltd (ex-date May 22)
Tata group retail company Trent Ltd has announced a dividend of ₹3.2 per share for FY24. The ex-date and the record date is May 22, 2024.
  1. Avantel Ltd (ex-date May 22)
Homegrown healthcare solutions provider Avantel Ltd has announced a final dividend of ₹0.2 per share for the 2023-24 financial year. The ex-date is May 22, 2024, while the record date is May 23 for dividend payment.
  1. Colgate-Palmolive (India) Ltd (ex-date May 22)
FMCG major Colgate-Palmolive has announced an interim dividend of ₹26 per share and a special dividend of ₹10 per share for FY24. Total dividend payout will be ₹36 per share. The ex-date is May 22 while the record date is May 23, 2024, for dividend payment.
  1. Great Eastern Shipping Co.Ltd. (ex-date May 22)
Great Eastern Shipping Co. Ltd has announced a dividend of ₹10.8 per share for FY2424. The ex-date is May 22 while the record date is May 23, 2024, for dividend payout.
  1. Kennametal India Ltd (ex-date May 22)
Kennametal India Ltd has announced an interim dividend of ₹30 per share for 2023-24. The ex-date is May 22 and the record date is May 23.
  1. Oberoi Realty Ltd (ex-date May 22)
Oberoi Realty Ltd has announced an interim dividend of ₹2 per share. The ex-date is May 22 and the record date is May 23.
  1. QGO Finance Ltd (ex-date May 24)
QGO Finance Ltd has announced an interim dividend of ₹0.15 per share for 2023-24. The ex-date and the record date is May 24.
  1. Tata Consumer Products Ltd (ex-date May 24)
The consumer products arm of the Tata Group has announced a final dividend of ₹7.75 per share for FY24. The ex-date and the record date is May 24.
  1. Vedanta Limited (ex-date May 24)
Vedanta Limited has announced an interim dividend of ₹11 per share. The ex-date for dividend payment is May 24 and the record date is May 25.
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Upstox
Upstox News Desk is a team of journalists who passionately cover stock markets, economy, commodities, latest business trends, and personal finance.

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