Dividend Stocks Next Week: Talbros, Milkfood Will Trade Ex-Dividend Next Week; Check Details

The share price of two companies including Talbros Automotive Components Ltd and Milkfood Ltd will remain on investors' radar next week as the shares of these two companies will trade ex-dividend in the last week of November. Before we move to their ex-dividend dates and the amount of dividend distribution, let us first understand what is ex-dividend date.

Ex-dividend usually denotes a stock that trades without carrying the value of the next dividend payment. The ex-dividend date is the day the stock begins trading and the value of its next dividend payment.

Usually, the ex-dividend date for a stock is one business day prior to the record date, indicating that an investor who purchases the stock on its ex-dividend date or afterward will not be entitled to receive the declared dividend.

Talbros Automotive ex dividend date:

The company had earlier announced an interim dividend of Rs 0.2 per equity share. The stock will trade ex-dividend on November 28. Talbros Automotive Components shares last closed 2% lower at Rs 306.90 per share. On November 22, the stock traded on new 52 Week High value of 347.75.

The stock touched the upper circuit of Rs. 281.85 on November 20. In the last one year, the returns from the stock have gained 236.55%, while its year-to-date (YTD) performance is up 170.61%. The company has a market capitalization of 1,894.44 crore.