43 Stocks Going Ex-Dividend This Week: Airtel, TCS, Ashok Leyland, and More
Mark your calendars, investors! A significant number of prominent companies are going ex-dividend this week, meaning their shares will trade without the value of the upcoming dividend payment. This affects popular stocks like Airtel, TCS, Ashok Leyland, IDBI Bank, and many more.
Which Companies Are Going Ex-Dividend?
A total of 43 companies will be trading ex-dividend this week. Some of the most notable include:
- Airtel
- TCS
- Ashok Leyland
- IDBI Bank
- Persistent Systems
- Cummins India
For a full list of companies, consult your preferred financial news source.
What Does Ex-Dividend Mean for Investors?
Going “ex-dividend” means that if you buy the stock on or after the ex-dividend date, you will not receive the upcoming dividend payment. The dividend will go to the seller of the stock. If you already own the stock and are looking to receive the dividend, you must own it before the ex-dividend date.
Why is this important?
Understanding ex-dividend dates is crucial for investors as it can impact your investment strategy and potential returns. It’s always wise to stay informed about these dates if you’re investing in dividend-paying stocks.
