Multiple Companies Set to Trade Ex-Dividend and Ex-Stock Split Next Week

Imagine you own a piece of a company, called a stock.

Sometimes, companies share their profits with the people who own their stocks.

This is called a dividend.

Next week, many companies are going to have a special day called an 'ex-dividend' day.

If you buy their stock on or after this day, you won't get the next dividend payment.

It's like buying a ticket after the movie has already started; you miss the beginning.

Also, one company, BEML, is doing something called a 'stock split'.

This means they are taking one share and dividing it into smaller shares, which can make it easier for more people to buy them.

Other companies will also have special events like giving out parts of a business or distributing income.