Dividend Stocks: ONGC, Reliance Industries, IRCTC, ABB India, among others to trade ex-dividend next week; Full list

Dividend Stocks: Shares of several major companies, including Jindal Steel & Power Ltd, Reliance Industries, Dr Lal Pathlabs, Mazda Ltd, Titagarh Rail Systems Ltd, Aster DM Healthcare Ltd, ABB India, among others, will trade ex-dividend starting Monday, August 19, 2024. According to BSE data, some companies have announced other corporate actions, such as share buybacks, bonus issues, and stock splits.

The ex-dividend date is the day the equity share price adjusts to reflect the next dividend payout. It is the day the stock becomes ex-dividend, which means it does not carry the value of its next dividend payment from that day forward. Dividends are payable to all the shareholders whose names appear on the company's list by the end of the record date.

Also Read: FPIs sell-off rises to ₹21,201 crore in India equities on domestic, global factors; When will inflows resume?
 

The following are the stocks that have declared dividend in the upcoming week:
 

Stocks trading ex-dividend on Monday, August 19, 2024: 

Man Infraconstruction Ltd, Action Construction Equipment Ltd, Dr. Agarwals Eye Hospital Ltd, Reliance Industries Ltd.

Stocks trading ex-dividend on Tuesday, August 20, 2024:

AIA Engineering Ltd, Apar Industries Ltd, Balkrishna Industries Ltd, Century Enka Ltd, Coral India Finance & Housing Ltd, Indo Borax & Chemicals Ltd, IRB Infrastructure Developers Ltd, JK Paper Ltd, Dr. Lal Pathlabs Ltd, Leel Electricals Ltd, Mitsu Chem Plast Ltd, National Peroxide Ltd, Omnitex Industries (India) Ltd, The Phoenix Mills Ltd, PI Industries Ltd, Rain Industries Ltd, Ratnamani Metals & Tubes Ltd, Sanghvi Movers Ltd, South Indian Bank Ltd, Sun Tv Network Ltd, Titagarh Rail Systems.
 

Also Read: Oil sits 2% lower after China data fuels demand concerns amid US Fed rate cut hopes; Brent slips below $80/bbl
 

Stocks trading ex-dividend on Wednesday, August 21, 2024:

Bharat Bijlee Ltd, Emami Paper Mills Ltd, Engineers India Ltd, Gateway Distriparks Ltd, Hindustan Aeronautics Ltd (HAL), India Glycols Ltd, ISGEC Heavy Engineering Ltd, ITD Cementation India Ltd, KPI Green Energy Ltd, Linc Ltd, Credo Brands Marketing Ltd, Pfizer Ltd, Rajapalayam Mills Ltd, Satia Industries Ltd, Satia Industries Ltd, Sumedha Fiscal Services Ltd, Symphony Limited, Uniparts India Ltd, Vidhi Specialty Food Ingredients Ltd.

Stocks trading ex-dividend on Thursday, August 22, 2024:

A-1 Acid Ltd, Aster DM Healthcare Ltd, Benares Hotels Ltd, Gretex Corporate Services Ltd, Globus Spirits Ltd, Goldiam International Ltd, Hester Biosciences Ltd, Hindware Home Innovation Ltd, Investment & Precision Castings Ltd, Indian Railway Finance Corporation (IRFC), Jindal Steel & Power Ltd (JSPL), Kakatiya Cement Sugar & Industries Ltd, L.G. Balakrishnan & Bros. Ltd, Mazda Ltd, Omax Autos Ltd, Panama Petrochem Ltd, Relaxo Footwears Ltd, Sirca Paints India Ltd

Stocks trading ex-dividend on Friday, August 23, 2024:

ABB India Limited, A.K Capital Services Ltd, Astra Microwave Products Ltd, Bhageria Industries Ltd, Bhatia Communications & Retail (India) Ltd, Crest Ventures Limited, Crestchem Ltd, Deepak Spinners Ltd, Dynacons Systems & Solutions Ltd, Everest Kanto Cylinder Ltd, Federal Bank Ltd, Gujarat Ambuja Exports Ltd, Gandhar Oil Refinery (India) Ltd, Godfrey Phillips India Ltd, Gujarat Hotels Ltd, Insecticides (India) Ltd, Indian Railway Catering And Tourism Corporation Ltd (IRCTC), IL & FS Investment Managers Ltd, KFin Technologies Ltd, K.P. Energy Ltd, Kronox Lab Sciences Ltd, Kuantum Papers Ltd, LIC Housing Finance Ltd, Vedant Fashions Ltd, Max Healthcare Institute Ltd, Mayur Uniquoters Ltd, Meera Industries Ltd, Natco Pharma Ltd, Nicco Parks & Resorts Ltd, Oil And Natural Gas Corporation (ONGC), R.J. Shah & Co. Ltd, Rashi Peripherals Ltd, Surya Roshni Ltd, Upsurge Investment & Finance Ltd, Venky's (India) Ltd, The Yamuna Syndicate Ltd. 
 

Also Read: Interarch Building Products IPO: Steel major mobilises ₹179 crore from anchor investors ahead of subscription
 

The following are the stocks that have declared a bonus issue in the upcoming week:

PVV Infra Ltd declared a bonus issue in the ratio 1:1. Shares will trade ex-bonus on August 20.

Sprayking Ltd declared a bonus issue in the ratio 1:1. Shares will trade ex-bonus on August 21.

Garment Mantra Lifestyle Ltd declared a bonus issue in the ratio 1:1. Shares will trade ex-bonus on August 23.

A bonus issue is a corporate action that allows existing shareholders to subscribe for additional shares. Instead of increasing the dividend payout, companies offer to distribute additional shares to the shareholders. For example, the company may give out one bonus share for every ten shares held.

The following are the stocks that have declared a buyback in the upcoming week:
 

Chaman Lal Setia Exports Ltd will declare a buyback of shares on August 19.

AIA Engineering Ltd will declare a buyback of shares on August 20.

Symphony Limited will declare a buyback of shares on August 21.

Mayur Uniquoters Ltd will declare a buyback of shares on August 23.

A buyback is when a company buys back its shares from existing shareholders. A company can announce a buyback offer either through a tender offer, the open market, or odd-lot holders. The buyback offer price is usually higher than the market price.

Other Corporate Action:

Explicit Finance Ltd: E.G.M. on August 19

Shalibhadra Finance Ltd: E.G.M. on Augyst 21

Black Box Ltd: E.G.M. on August 22

Data Infrastructure Trust: Income Distribution (InvIT) on August 22

Money Masters Leasing & Finance Ltd: Stock Split From Rs. 10 to Rs. 1 on August 22

Narmada Macplast Drip Irrigation Systems Ltd: E.G.M. on August 23