Dividend Stocks: These 17 stocks are to turn ex-dividend this week; Do you own any?
About 2,291 shares have advances, 1,229 have declines and 143 are unchanged on BSE.
On Wednesday, the benchmark indices were trading in green. BSE Sensex Index is up by 0.46 per cent at a level of 63,085 and NSE Nifty-50 Index is up by 0.60 per cent at a level of 18,708. About 2,291 shares have advances, 1,229 have declines and 143 are unchanged on BSE.
A dividend is a distribution of a portion of a company's profits to its shareholders. The are 3 types of dividends they are interim dividend, final dividend and special dividend.
Interim Dividend is a payment made by a company to its shareholders during the financial year before the final annual financial results are determined. It allows shareholders to receive a portion of the company's profits earlier than they would with the final dividend payment at the end of the year.
Final Dividend is the last dividend payment made by a company to its shareholders at the end of its financial year, based on the final annual financial results.
Special Dividend is an extra dividend payment declared by a company, in addition to its regular dividends, typically when the company has excess cash or exceptional one-time profits.
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Here is a list of 17 stocks that are going to be traded ex-dividend this week:
Do you hold any of these stocks in your portfolio?