Dividends have been a passive source of income in the stock market. Investors make money from dividends even when stocks are trading sideways or are showing a downtrend. Here are 5 stocks that will trade ex-dividend this week:
HCL Technologies Ltd
- Ex-dividend date: October 19th, 2022
- Dividend Type: Interim
- Dividend per share: ₹ 10 per share
- Face Value: ₹ 2
- Dividend as a percentage of face value: 500%
- Dividend yield: 4.21%
- CMP: ₹ 997
Jai Corp Ltd
- Ex-dividend date: October 20th, 2022
- Dividend Type: Final
- Dividend per share: ₹ 0.5 per share
- Face Value: ₹ 1
- Dividend as a percentage of face value: 50%
- Dividend yield: 0.26%
- CMP: ₹ 188
Anand Rathi Wealth Ltd
- Ex-dividend date: October 20th, 2022
- Dividend Type: Interim
- Dividend per share: ₹ 5
- Face Value: ₹ 5
- Dividend as a percentage of face value: 100%
- Dividend yield: 1.57%
- CMP: ₹ 700
Angel One Ltd
- Ex-dividend date: October 20th, 2022
- Dividend Type: Interim
- Dividend per share: ₹ 9
- Face Value: ₹ 10
- Dividend as a percentage of face value: 90%
- Dividend yield: 1.67%
- CMP: ₹ 1,619
- Ex-dividend date: October 21st, 2022
- Dividend Type: Special
- Dividend per share: ₹ 10
- Face Value: ₹ 10
- Dividend as a percentage of face value: 100% CMP: ₹ 536
Written by Anoushka Roy
Disclaimer
The content in this news article is not investment advice. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
