Dividend Stocks: HCL Tech, Fortis Healthcare, RBL Bank, among others to trade ex-dividend next week; Full list here

Dividend Stocks: Shares of several major companies, including MRF, HCL Technologies, Shree Cement, JK Tyre & Industries, RBL Bank, among others, will trade ex-dividend starting Monday, July 22. According to BSE data, some companies have announced other corporate actions, such as stock splits.

The ex-dividend date is the day on which 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.

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

Stocks trading ex-dividend on Monday, July 22, 2024:

Bemco Hydraulics Ltd, Carborundum Universal Ltd, Chembond Chemicals Ltd, DHP India Ltd, Divgi Torqtransfer Systems Ltd, Exide Industries Ltd, Happy Forgings Ltd, Indian Metals & Ferro Alloys Ltd, Swelect Energy Systems Limited, Taparia Tools Ltd, Voltamp Transformers Ltd, XPRO India Ltd

Stocks trading ex-dividend on Tuesday, July 23, 2024:

Data Patterns (India) Ltd, Goodyear India Ltd, HCL Technologies, HIL Ltd, Jenburkt Pharmaceuticals Ltd, Modison Ltd, Novartis India Ltd, Oriental Carbon & Chemicals Ltd, Plastiblends India Ltd, Rainbow Children's Medicare Ltd, Rajratan Global Wire Ltd, Shree Cement Ltd, Shriram Finance Ltd, SIL Investments Ltd, TCFC Finance Ltd, TCPL Packaging Ltd, Tube Investments of India Ltd, Walchand Peoplefirst Ltd, Weizmann Ltd.

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Stocks trading ex-dividend on Wednesday, July 24, 2024:

Avadh Sugar & Energy Ltd, Dynamic Cables Ltd, ELGI Equipments Ltd, Fiem Industries Ltd, Fortis Healthcare Ltd, Fortis Malar Hospitals Limited, Hatsun Agro Product Ltd, Honeywell Automation India Ltd, Indo Count Industries Ltd, IFGL Refractories Ltd, Lakshmi Machine Works Ltd, Pidilite Industries Ltd, Privi Speciality Chemicals Ltd, Vinyl Chemicals (India) Ltd

Stocks trading ex-dividend on Thursday, July 25, 2024:

Akzo Nobel India Limited, Bhansali Engineering Polymers Ltd, Datamatics Global Services Ltd, Diamines & Chemicals Ltd, Magadh Sugar & Energy Ltd, MRF Ltd, Orient Electric Ltd, Pradeep Metals Ltd, Punjab Chemicals And Crop Protection Ltd, Radico Khaitan Ltd, Suryalata Spinning Mills Ltd, United Breweries Ltd, V-Guard Industries Ltd.

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Stocks trading ex-dividend on Friday, July 26, 2024:

Twentyfirst Century Management Services Ltd, Aarti Industries Ltd, ADF Foods Ltd, The Anup Engineering Ltd, Associated Alcohols & Breweries Ltd, Aditya Vision Ltd, BASF India Ltd, Birla Cable Ltd, Bombay Cycle & Motor Agency Ltd, Bondada Engineering Ltd, Control Print Ltd, Coromandel International Ltd, Cosmo First Ltd, CreditAccess Grameen Ltd, Dollar Industries Ltd, Eveready Industries India Ltd, Galaxy Surfactants Ltd, Godrej Agrovet Ltd, GRP Ltd, Infobeans Technologies Ltd, JK Tyre & Industries Ltd, Jtekt India Ltd, Kaira Can Co.Ltd, Kirloskar Brothers Ltd, Magellanic Cloud Ltd, Menon Bearings Ltd, Mukand Ltd, Nesco Ltd, Nitta Gelatin India Ltd, NOCIL Ltd, Orient Paper & Industries Ltd, Paushak Ltd, Power Finance Corporation Ltd, Rane Holdings Ltd, RBL Bank, Repco Home Finance Ltd, Raghav Productivity Enhancers Ltd, R R Kabel Ltd, Sasken Technologies Ltd, Sobha Limited, Sonata Software Ltd, Sudarshan Chemical Industries Ltd, Super Sales India Ltd, Symphony Limited, Timken India Ltd, Tinna Rubber and Infrastructure Limited, Ugar Sugar Works Ltd, Universal Cables Ltd, Vindhya Telelinks Ltd, Voith Paper Fabrics India Ltd, Whirlpool of India Ltd, Yasho Industries Ltd, Zydus Lifesciences Ltd.
 

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

NHC Foods Ltd will undergo a stock split from ₹10 to ₹1. Shares will trade ex-split on July 22.

Almondz Global Securities Ltd will undergo a stock split from ₹6 to ₹1. Shares will trade ex-split on July 23.

KSB Ltd will undergo a stock split from ₹10 to ₹2. Shares will trade ex-split on July 25.

Magellanic Cloud Ltd will undergo a stock split from ₹10 to ₹2. Shares will trade ex-split on July 26.

A stock split is a corporate action that occurs when a company issues additional shares to shareholders to boost liquidity. The total number of shares issued is increased by a specified ratio based on the sharesheld previously. 

However, the number of shares outstanding increases by a specific multiple, the total value (in rupees) of all shares outstanding remains the same because a split does not change the company's value. The most common split ratios are 2-for-1 or 3-for-1 (denoted as 2:1 or 3:1). For every share held before the split, each stockholder will have two or three shares, respectively, after the split.

Other Corporate Action:

Lloyds Metals And Energy Ltd: E.G.M. on July 22