Upcoming Ex-Dividend Stocks: Marico Ltd, Panchsheel Organics, Sanofi India, and others are set to trade ex-dividend in the upcoming week, starting from Monday, March 4. Additionally, some companies will also trade ex-bonus and ex-split during this period.
The ex-dividend date signifies when the stock price adjusts to exclude the upcoming dividend payout. On this day, the stock becomes ex-dividend, meaning it no longer includes the value of the next dividend payment. Dividends are payable to shareholders listed on the company’s record date.
Here are the stocks declaring dividends in the coming week:
- DCM Shriram Limited: The company announced an interim dividend of ₹4. Shares will trade ex-dividend on March 6.
- Marico Ltd: An interim dividend of ₹6.5 has been declared by the company. Shares will trade ex-dividend on March 6.
- Panchsheel Organics: The company declared an interim dividend of ₹0.08. Shares will trade ex-dividend on March 7.
- Sanofi India Ltd: An interim dividend of ₹50 has been declared by the company. Shares will trade ex-dividend on March 7.