Stocks to Watch: Companies Trading Ex-Dividend and Stock Subdivision on D-Street

Ex-Dividend

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BHUBANESWAR: As trading begins for the week of September 2, 2024, investors on D-Street should keep a keen eye on a number of stocks, as several companies will be trading ex-dividend today. This means that shares of these companies will start trading without the value of the upcoming dividend payment included in their price. Here’s a rundown of the key stocks in focus:

 Ex-Dividend Stocks

1. CG-VAK Software & Exports: The company’s shares will trade ex-dividend today following the declaration of a dividend of Rs 1 per share. This payout represents a reward for shareholders as part of the company’s earnings distribution.

2. Dynamic Industries: Investors should note that Dynamic Industries’ shares will also trade ex-dividend today. The company has announced a final dividend of Rs 0.5 per share. Notably, Dynamic Industries is currently under Additional Surveillance Measure (ASM) Stage 1 on the Bombay Stock Exchange (BSE), which could impact trading volatility.

3. Kovilpatti Lakshmi Roller Flour Mills: Shares of Kovilpatti Lakshmi Roller Flour Mills will trade ex-dividend as the company has declared a final dividend of Rs 1.25 per share. This dividend announcement is expected to attract attention from investors seeking steady returns.

4. Kopran: Today is also the ex-dividend date for Kopran, which has declared a substantial final dividend of Rs 3 per share. The record date for this dividend is set for today, making it a critical date for shareholders.

5. Krystal Integrated Services: The company’s shares will trade ex-dividend with a final dividend of Rs 1.50 per share. Investors interested in this stock should be aware of the dividend payout as it could influence trading patterns.

Stock Subdivision

In addition to the ex-dividend stocks, Bondada Engineering will turn ex-date today due to its planned stock subdivision. The company, which made its debut on the BSE SME platform in August 2023, has announced a subdivision of its stock in a 5:1 ratio. As a result, each equity share with a face value of Rs 10 will be subdivided into five equity shares with a face value of Rs 2 each. This move is expected to make the shares more accessible to a broader range of investors and could affect the stock’s trading dynamics.

 

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