Ex-Dividend Stocks: Wipro, Trent, Cipla, Reliance, BoB

Wipro, Trent, Cipla, Reliance Industries, and Bank of Baroda are among stocks going ex-dividend this week.

Ex-Dividend Stocks: Wipro, Trent, Cipla, Reliance, BoB

Image: news18.com

Several major Indian companies, including Wipro, Trent, Cipla, Reliance Industries, and Bank of Baroda, are set to trade ex-dividend this week, according to market data. The ex-dividend date is the cutoff for investors to be eligible for the upcoming dividend payment.

Wipro has declared an interim dividend of ₹6 per share, while Trent has announced a dividend of ₹5 per share. Cipla has declared a dividend of ₹5 per share, and Reliance Industries has announced a dividend of ₹10 per share. Bank of Baroda has declared a dividend of ₹5.50 per share.

Investors who purchase shares on or after the ex-dividend date will not receive the declared dividend. The record date for determining eligible shareholders is typically set a few days after the ex-dividend date.

❓ Frequently Asked Questions

What does ex-dividend mean?

Ex-dividend means the stock trades without the right to receive the next dividend payment. Investors buying on or after this date do not get the dividend.

When is the ex-dividend date for these stocks?

The ex-dividend dates vary by company. For Wipro, Trent, Cipla, Reliance Industries, and Bank of Baroda, they are set for this week, typically a few days before the record date.

How much is the dividend for Reliance Industries?

Reliance Industries has declared a dividend of ₹10 per share for this period.

📰 Source:
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