Stocks To Trade Ex-dividend This Week From January 31- February 6

Dividend are enticing as besides capital appreciation on equity related investment, you over the years can earn an extra income as dividend. Some companies are good at doling out regular dividends.

So, as the dividend is likely to be doled out in the upcoming month as per the companies individual filing:

Here are the stocks that will turn ex-dividend but before that here's a revisit to the concept of ex-dividend date:

Concept of ex-dividend revised

Ex-dividend date is the date before which the shareholder intending to receive the said dividend shall apply for the or buy the shares. On this ex-dividend date, the price of the stock gets adjusted for the dividend pay-out. The date is determined by stock exchanges who notify it, while the record date is announced by the company announcing the dividend pay-out. Usually the record date falls one business prior day to the record date.

How company's stock price is adjusted on the announcement of dividend?

After the dividends are declared, the stock price of the scrip is reduced by the extent of the dividend amount. Say as in the current case, Mastek which has declared an interim dividend of Rs. 7 for the fiscal year 2022, its price on the ex-date which happens to be today should have reduced in price by Rs. 7. But the stock last at around 9:24 am as on January 31, 2022 traded higher by 2742.5 per share.

This is as the dividend dole out is no longer the part of the company. This is in fact in line with the overall positive momentum in IT shares.

Stocks to turn ex-dividend this week

COMPANY NAME	DIVIDEND			DATE
	Type	%	Announcement	Record	Ex-Dividend
Marico	Interim	625	11-01-2022	07-02-2022	04-02-2022
Chambal Fert	Interim	45	24-01-2022	07-02-2022	04-02-2022
Siyaram Silk	Interim	0	20-01-2022	07-02-2022	04-02-2022
GIL	Interim	150	24-01-2022	04-02-2022	03-02-2022
Bigbloc Constru	Interim	5	24-01-2022	04-02-2022	03-02-2022
SRF	Interim	47.5	17-01-2022	04-02-2022	03-02-2022
GRM Overseas	Interim	50	24-01-2022	04-02-2022	03-02-2022
Zensar Tech	Interim	75	04-01-2022	04-02-2022	03-02-2022
Accelya Kale	Interim	170	17-01-2022	04-02-2022	03-02-2022
Symphony	Interim	50	18-01-2022	04-02-2022	03-02-2022
IIFL Finance	Interim	175	17-01-2022	04-02-2022	03-02-2022
Motilal Oswal	Interim	700	20-01-2022	04-02-2022	03-02-2022
Upsurge Invest	Interim	5	19-01-2022	04-02-2022	03-02-2022
La Opala RG	Interim	75	20-01-2022	04-02-2022	03-02-2022
Vaibhav Global	Interim	75	20-01-2022	05-02-2022	03-02-2022
Thangamayil	Interim	50	17-01-2022	04-02-2022	03-02-2022
NTPC	Interim	0	20-01-2022	05-02-2022	03-02-2022
Kirloskar Ferro	Interim	50	24-01-2022	04-02-2022	03-02-2022
Transport Corp	Interim	100	19-01-2022	04-02-2022	03-02-2022
IEX	Interim	100	24-01-2022	04-02-2022	03-02-2022
ISL	Interim	150	17-01-2022	04-02-2022	03-02-2022
TCI Express	Interim	150	19-01-2022	05-02-2022	03-02-2022
Global Educatio	Interim	20	21-01-2022	05-02-2022	03-02-2022
Sharda Crop	Interim	30	24-01-2022	03-02-2022	02-02-2022
Torrent Pharma	Interim	500	10-01-2022	03-02-2022	02-02-2022
Wendt	Interim	200	21-01-2022	03-02-2022	02-02-2022
SHAREINDIA	Interim	20	21-01-2022	03-02-2022	02-02-2022
Cosmo Films	Interim	100	18-01-2022	03-02-2022	02-02-2022
Container Corp	Interim	40	20-01-2022	03-02-2022	02-02-2022
PCBL	Interim	500	20-01-2022	02-02-2022	01-02-2022
Orient Electric	Interim	75	20-01-2022	02-02-2022	01-02-2022
CCL Products	Interim	150	19-01-2022	01-02-2022	31-01-2022
Visaka Ind	Interim	70	13-01-2022	01-02-2022	31-01-2022
Mastek	Interim	140	20-01-2022	01-02-2022	31-01-2022
Saregama India	Interim	300	19-01-2022	01-02-2022	31-01-2022

What should be factored in other than buying stocks declaring dividend?

Other than higher dividend yield, fundamentals of the company are of high importance. Further, there can be two takes on such companies doling out dividends, one is that they mature business in their line of business or another view point is that they are better managed entities as they are pre-decided on the fact that they have to dole dividends these many times in a year. These companies in fact tend to offer steady and stable returns over the course of the investment period.

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