11 Stocks That Will Go Ex-Dividend Next Week

The idea of passive income is attractive as its income without any additional work. The income from dividend-paying stocks is unrelated to any activity other than the initial financial investment, making it one of the most passive ways to make money. When you own stock in a company, you are entitled to receive dividends on a regular basis, and this kind of investment can satisfy these criteria.

Dividends

Dividends are financial returns that stockholders receive for keeping their shares of a company. The board of directors of a company decides how much of its profits should be distributed as a dividend to its shareholders. The dividend yield is defined as the dividend per share and expressed as a percentage of a company's share price.

As a shareholder of a Dividend Paying stock, if you owned the stock before the ex-dividend date, you are qualified to receive the dividend from the dividend-paying companies. Shareholders with voting rights must approve dividends. Additionally, shares of stock may be issued as dividends.

If you are looking for high-paying dividend stocks, you need to look ahead and consider companies' strategies and how likely it is that they will remain competitive over the coming decades when choosing individual stocks while pursuing any long-term strategy.

Here is the list of 11 announced Dividend that will soon trade ex-Dividend

Source: Capitaline, ICICI Direct Research

Disclaimer

This article is for information purposes only and highlights stocks that declared dividends. The dividends are taken from the report of ICICI Direct. The article should be treated as informational and not an advisory to invest. Neither the author, Greynium Information Technologies Pvt Ltd nor ICICI Direct should be held responsible for decisions based on this article. Goodreturns.in advises users to check with certified experts before making any investment decision.