Investors looking for dividend income volition person a engaged week ahead, with 42 companies, including large names similar Oil and Natural Gas Corporation (ONGC), MRF, Akzo Nobel, and Cochin Shipyard, going ex-dividend adjacent week. This means their shares volition commencement trading without the rights to their respective dividends, truthful eligible investors indispensable ain the stocks earlier the ex-dividend date.
Among the large companies, ONGC has declared an interim dividend of Rs 6 per share, Akzo Nobel India is offering Rs 70, and MRF is paying Rs 3 per share. MRF has acceptable November 20 arsenic its grounds day with the ex-dividend day connected November 19. ONGC and Akzo Nobel volition besides spell ex-dividend connected November 19, with November 20 arsenic the grounds date.
Other companies declaring interim dividends see Cochin Shipyard (Rs 4), Manappuram Finance (Re 1), and Chambal Fertilisers & Chemicals (Rs 5), with Cochin Shipyard and Chambal Fertilisers’ ex-dividend day acceptable for November 19, portion Manappuram Finance volition spell ex-dividend connected November 18.
Additionally, companies similar Emami, Ashok Leyland, Asian Paints, and Gujarat Pipavav Port volition besides beryllium distributing dividends adjacent week. Key dates see November 18 for Manappuram Finance, November 19 for MRF, and November 20 for Akzo Nobel and ONGC.
For investors, it's indispensable to enactment that the ex-dividend day is crucial, arsenic lone those holding shares earlier this day volition beryllium eligible for the dividends. With the festive play underway, this is an opportune clip for those seeking dependable income from their banal holdings.