HCL Tech, Dalmia Bharat, Anand Rathi, KPI Green: These Stocks Will Trade Ex-Dividend Today

Dividend stocks: Shares of five listed companies including HCL Tech, Dalmia Bharat Angel One, Anand Rathi and KPI Green will trade ex-dividend on Friday as the respective board of directors of these companies has declared interim dividend and fixed record date on October 20, 2023. Companies usually announce dividend payments, bonus shares, and buybacks as a way to reward shareholders. Long-term investors keenly await the dividend payment by companies to enjoy various benefits including stock appreciation.

Here's a list of five stocks that will trade ex-dividend today;

HCL Tech dividend details

The board of directors of the Indian IT major has announced a Rs 12 per share interim dividend for FY 2023-24. The company board fixed HCL Tech dividend record date on October 20, 2023. Today, the share price of HCL Tech was seen trading 0.93% lower at Rs 1255.65 per share at 11:47 am IST.

Dalmia Bharat dividend details

Shares of Dalmia Bharat are trading ex-dividend today for payment of Rs 4 per share interim dividend. The company has already announced the interim dividend and fixed October 21, 2023, as the record date for finalizing the eligible shareholders for payment of interim dividend for the financial year 2023-24.
Dalmia Bharat traded 1.09% lower at Rs 2181 at 11:48 am IST.

Anand Rathi Dividend

The board of Anand Rathi Wealth Ltd on October 12 announced an interim dividend of Rs 5 per equity share of face value of Rs 5 each for 2023-24.

On Friday, the share price of Anand Rathi was up 0.38% at Rs 1899.15 per share at 11:50 am IST.

KPI Green Energy

On October 9 this year, KPI Green Energy on Monday (October 9) approved an interim dividend at 2.5% per equity share with a face value of Rs 10.

KPI Green Energy shares were up 0.24% at Rs 850 per share at 11:51 am IST.