10 Stocks Trading Ex-Dividend Today, June 23: HUL,Nerolac, and Motherson Sumi Among Dividend Stocks to Watch

As a new week begins, investors can look forward to a rewarding trading session, with 10 stocks trading ex-dividend today. The list includes prominent names like Hindustan Unilever Ltd (HUL), Motherson Sumi Wiring, and Kansai Nerolac Paints, making it an important day for both dividend-focused investors and stock market enthusiasts.

Dividend stocks offer long-term investors steady income, even in volatile markets. But to earn the payout, you must hold the stock before the ex-dividend date; buying later means missing out. These key corporate actions have the ability to move stock prices, so investors should take note of today's ex-dividend list of stocks.

Key Dividend Announcements Today

• HUL Divided

Hindustan Unilever Ltd is offering a final dividend of Rs. 24 per share, making it one of the most attractive dividend-paying stocks in today's list. HUL shares today, June 23rd, are trading at Rs. 2,262.40, down by 1.90%.

• Nerolac Dividend

Kansai Nerolac Paints Ltd has announced two dividends which included a special dividend of Rs. 1.25 and a final dividend of Rs. 2.5 per share, which comes to a total of Rs. 3.75 per share, rewarding long-term shareholders with a healthy payout. Kansai Nerolac shares this morning opened at Rs. 238.35, slipping 0.60%.

• Pilani Investment and Industries Corporation Ltd

The investment arm will distribute a final dividend of Rs. 15 per share for its shareholders. The stock today is in the red zone, slipping marginally 0.026% at Rs 5,088. In the last week the stock has fallen about 4.25%.

• Kalpataru Projects International Ltd

The infrastructure firm will pay a final dividend of Rs 9 per share to its eligible shareholders. Kalpataru Projects International shares today jumped to Rs. 1,178 by 1.53% and have surged 6.7% in the last month.

• Dalmia Bharat Ltd

Dalmia Bharat is offering a final dividend of Rs 5 per share. The company has given a Rs. 4 per share dividend in October and Rs. 4 per share in June 2024.

• G N A Axles Ltd

This engineering company will issue a dividend of Rs.3 per share today. The shares are currency trading at Rs 312.50, down 0.35%.

• Dynamic Cables Ltd

Investors will receive a final dividend of Rs. 0.5 per share. The firm has declared Rs. 0.50 consistently for three consecutive years. Dynamic Cables shares today are trading at Rs. 923.55, down 0.27%. However, the stock is currently 102% up from its 52-week low.

• Samvardhana Motherson International Ltd

The global auto component player is distributing a final dividend of Rs. 0.35 per share. The company also gave a Rs. 0.50 interim dividend in March this year. Samvardhana Motherson shares today are under pressure today at Rs. 145.96, slipping 2.82%.

• Motherson Sumi Wiring India Ltd

Another automotive supplier from the group, Motherson Sumi Wiring, will pay a final dividend of Rs. 0.35 per share. Shares of Motherson Sumi Wiring India are trading today at Rs. 59.15 after declining 1.25%.

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