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Stocks Set to Turn Ex-Dividend on September 18
Some companies are giving part of their profits to shareholders as dividends.
A stock becomes ex-dividend on a date after which new buyers may not receive the announced dividend.
Several companies are scheduled to become ex-dividend on September 18.
KRBL announced Rs 4.50 per share, while RITES announced Rs 2.75 per share.
Ramky Infrastructure and LT Foods each announced Re 1 per share.
PG Electroplast announced Rs 0.25 per share, and Victoria Mills announced Rs 50 per share.
Several other companies also announced dividends ranging from Rs 6.70 to Rs 20 per share.
The articles state that payments are expected between October 24 and October 29.
KRBL, RITES, Ramky Infrastructure, LT Foods and PG Electroplast are scheduled to turn ex-dividend on September 18.
Declared dividends include Rs 4.50 per KRBL share, Rs 2.75 per RITES share and Re 1 per Ramky Infrastructure and LT Foods share.
PG Electroplast declared Rs 0.25 per share, while Victoria Mills declared Rs 50 per share.
Other companies going ex-dividend include Sharda Motor Industries, Gujarat Alkalies and Chemicals, Gujarat Intrux, Creative Castings, Lakshmi Mills, Fluidomat and Garden Reach Shipbuilders & Engineers.
Record dates range from September 18 to September 20, while stated payment dates range from October 24 to October 29.
- Who
- KRBL, RITES, Ramky Infrastructure, LT Foods, PG Electroplast, Victoria Mills and other listed companies, along with their shareholders.
- What
- The companies announced dividends and are scheduled to turn ex-dividend on September 18.
- Where
- The companies are listed in India.
- When
- The ex-dividend date is September 18; stated record dates are September 18, September 19 or September 20, and payment dates range from October 24 to October 29.
- Why
- The companies are identifying shareholders eligible to receive declared final dividends.
Key facts
- Main ex-dividend date
- September 18
- Highest listed dividend
- Victoria Mills: Rs 50 per share
- KRBL dividend
- Rs 4.50 per share; payment likely October 24
- RITES dividend
- Rs 2.75 per share; payment likely October 25
- Ramky Infrastructure dividend
- Re 1 per share; payment date October 26
- LT Foods and PG Electroplast
- Rs 1 per share and Rs 0.25 per share, respectively; both payments are stated for October 29
- Other declared dividends
- Sharda Motor Industries Rs 20; Gujarat Alkalies and Chemicals Rs 17.70; Gujarat Intrux Rs 17.50; Creative Castings Rs 12.50; Lakshmi Mills Rs 10; Fluidomat Rs 7.50; Garden Reach Shipbuilders & Engineers Rs 6.70
Sources
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