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Stocks Including Blue Dart, Karnataka Bank Turn Ex-Dividend September 15
Several companies have announced dividends for their shareholders.
A dividend is money paid by a company to people who own its shares.
These stocks will trade without the upcoming dividend from September 15.
Blue Dart Express is offering the largest listed dividend, at Rs 25 per share.
Karnataka Bank is offering Rs 5 per share.
Pondy Oxides & Chemicals is offering Rs 2 per share, while India Tourism Development Corporation is offering Rs 2.95.
September 15 is also the record date used to identify eligible shareholders.
The article says payments for the highlighted companies will be made on October 22.
Blue Dart Express will turn ex-dividend on September 15 for a final dividend of Rs 25 per share.
Karnataka Bank will turn ex-dividend on the same date for a final dividend of Rs 5 per share.
Pondy Oxides & Chemicals and India Tourism Development Corporation will offer Rs 2 and Rs 2.95 per share, respectively.
September 15 is the record date for determining eligible shareholders for the listed dividends.
Dividend payments for the four highlighted companies are scheduled for October 22, while several other stocks will also turn ex-dividend.
- Who
- Blue Dart Express, Karnataka Bank, Pondy Oxides & Chemicals, India Tourism Development Corporation, and other listed companies.
- What
- The companies will turn ex-dividend for announced final dividend payments.
- Where
- The article concerns stocks listed in the Indian market; no specific location is stated for the event.
- When
- The stocks will turn ex-dividend and use September 15 as the record date; payments for the highlighted companies are scheduled for October 22.
- Why
- To determine shareholder eligibility and distribute the announced final dividends.
Key facts
- Ex-dividend date
- September 15
- Record date
- September 15
- Payment date
- October 22 for the four highlighted companies
- Highest listed dividend
- Blue Dart Express: Rs 25 per share
- Karnataka Bank dividend
- Rs 5 per share
- Pondy Oxides & Chemicals dividend
- Rs 2 per share
- India Tourism Development Corporation dividend
- Rs 2.95 per share
Sources
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