These four stocks will turn ex-dividend this week. Do you own any?

Ahead of the opening of the stock market, market watchers should be aware of ongoing corporate announcements covering interim dividend and stock splits. Elantas Beck India Ltd, Stovec Industries Ltd, Castrol India, Crisil Ltd, will trade ex-dividend this week with respect to the interim dividends announced by the companies.

The ex-dividend date is when the price of the equity shares of a company gets adjusted for the dividend payout. It is one or two working days before the record date. All the shareholders whose names appear in the company's list by the end of the record date will be eligible to receive dividends.

a) Elantas Beck India Ltd: The company has declared interim dividend of ₹5 per share. The stock will trade ex-dividend on 2 May, 2023. 

In the past one year Elantas Beck India has declared an dividend of 50% amounting to ₹5 per share. At the current share price of this results in a dividend yield of 9.59%.

On Friday, the stock closed 1.44 per cent up at ₹5,314.15 on BSE.

b) Stovec Industries Ltd: The company has declared interim dividend of ₹47 per share. The stock will trade ex-dividend on 2 May, 2023.

In the past one year Stovec Industries Lt has declared an dividend of  470% amounting to ₹47 per share. 

On Friday, the stock closed 0.54 per cent up at ₹2,350.05 on BSE.

c) Castrol India: The company has declared interim dividend of ₹ 3.5 per share. The stock will trade ex-dividend on 4 May, 2023. The company has also fixed 4 May, 2023 as the record date for the purpose of payment of the dividend.

In the past one year Castrol India has declared an dividend of 130% amounting to ₹6.5 per share. At the current share price of this results in a dividend yield of 5.42%..

On Friday, the stock closed 1.52 per cent up at ₹119.85 on BSE.

d) Crisil Ltd: The company has declared interim dividend of ₹7 per share. The stock will trade ex-dividend on 4 May, 2023. The company has also fixed 4 May, 2023 as the record date for the purpose of payment of the dividend.

In the past one year Castrol India has declared an dividend of 4800% amounting to ₹48 per share. At the current share price of this results in a dividend yield of 1.33.%.