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Infosys, IndusInd Bank, Mahindra CIE, JSW Energy, Page Industries shares to turn ex-dividend today

Infosys, IndusInd Bank, Mahindra CIE, JSW Energy, Page Industries shares to turn ex-dividend today

INFY1,128.10(1.39%)

IndusInd Bank shares will turn ex-dividend on Friday. The private lender had announced a final dividend of Rs 14 per share. Friday is also the record date and the bank board will determine name of the eligible shareholders for dividend.

Amit Mudgill
Amit Mudgill
  • Updated Jun 2, 2023 7:50 AM IST
Infosys, IndusInd Bank, Mahindra CIE, JSW Energy, Page Industries shares to turn ex-dividend todayJSW Energy shares will turn ex-dividend today. This company had announced a final dividend of Rs 2 per share. The actual dividend will be paid on July 30.

Shares of Infosys, IndusInd Bank, JSW Energy, Mahindra CIE Automotive, Page Industries and Havells India, among others, will turn ex-dividend on Friday. Shares of Edelweiss Financial Services will turn ex-spin off while those of Axita Cotton will turn ex-share buyback. The Sylph Technologies stock will turn ex-split from face value of Rs 10 to shares with face value of Re 1 each.

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Shares of Infosys will turn ex-dividend today. While announcing its quarterly results, the Infosys board had declared final dividend of Rs 17.50 per share for FY23. This was in addition to an interim dividend of Rs 16.50 per share that Infosys already paid earlier. With this, the total dividend that Infosys announced for FY23 stood at Rs 34 per share, a 9.7 per cent increase over FY22. In value terms, the company announced total dividend of Rs 14,200 crore for FY23. The actual dividend will be paid on July 3.

Shares of IndusInd Bank will turn ex-dividend on Friday. The private lender had announced a final dividend of Rs 14 per share. Friday is also the record date for the dividend and that board of directors of IndusInd Bank will determine name of the eligible IndusInd Bank shareholders for dividend. All eligible shareholders with their names in the list at the end of record date will be eligible to receive dividend.

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Shares of JSW Energy will turn ex-dividend today. This company had announced a final dividend of Rs 2 per share. The actual dividend will be paid on July 30. Mahindra CIE Automotive would also turn ex-dividend. This company had announced a final dividend of Rs 2.50 per share. Record date for this company is today and the actual dividend will be paid on July 30.

Shares of JSW Energy will turn ex-dividend today. This cement maker had announced a final dividend of Rs 2 per share. Record date for this company is today  and the actual dividend will be paid on July 30.

Page Industries (Rs 60 per share interim divdend), Havells India (Rs 4.50 per share final dividend) and Steel Cast (Rs 3.15 per share special dividend) will also turn ex-dividend today.

Disclaimer: Business Today provides stock market news for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions.
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ABOUT THE AUTHOR

Amit Mudgill
Amit Mudgill

A financial journalist with over 18 years of experience in print and digital media, I cover India's capital markets, focusing on stocks, IPOs, mutual funds, corporate earnings, and market trends. Currently with Business Today, I report on equities, corporate developments, fundraising activity, and the broader investment landscape, delivering timely, data-backed insights to investors and readers.

Previously, I worked with The Economic Times and Deccan Chronicle, covering business, markets, and corporate affairs. My experience spans breaking news, analysis, and long-form features, with a strong focus on financial markets and investment-related reporting.

I am on the go 24/7:  Saying 'Good Night' to Dow Jones and 'Good Morning' to Gift Nifty comes naturally. Ask me about data and you'll hear stories. Away from markets, I enjoy stargazing, astrophotography, reading about India's neighbourhood, and playing video games.

Published on: Jun 2, 2023 7:50 AM IST