You always get long-term investors into dividend-paying companies that want those consistent returns. As per the corporate announcements of the companies, NTPC, TCS, Hindustan Zinc and Infosys are among a few major companies which will announce their quarterly as well as half yearly earnings next week. Investors who would like to take advantage of these payouts need to closely monitor the ex-dividend date and record date.
What is an Ex-Dividend Date?
The ex-dividend date is the first day that a stock trades irrevocably without a dividend value. Shareholders of record on this date will be paid a dividend of $0.13 per share. To benefit from it, you must have the stock in hand before its ex-dividend date.
What is a Record Date?
The date of record is the deadline established by the company for purposes of determining which shareholders are entitled to receive the dividend. Stockholders are required to own the stock by the record date in order to receive dividend payments.
Dividend Stocks Going Ex-Dividend Next Week
Here is a step-by-step explainer of the major dividend stocks scheduled to go ex-dividend:
-
Infosys dividend: Infosys has announced dividend for its shareholders. Investors need to consult the official exchange filing in order to determine exact record date and the payout specifics.
-
TCS Dividend: The IT behemoth is also in the list of companies declaring its dividend. Investors have to own the shares by a predetermined date, known as the ex-dividend date, in order to qualify.
-
Hindustan Zinc Dividend: With strong cash flows in place, Hindustan Zinc makes dividend payments on periodic basis. Shareholders must check the ex-date payout for this week.
-
NTPC Dividend: State-run power giant NTPC has also declared its dividend. Shareholders should monitor the record date to be eligible to subscribe.
Why Are Dividend Dates Important to Investors?
Dividend investing is still a proven way to accumulate wealth, after all. Tracking dividend dates helps investors:
-
Secure steady income through payouts.
-
Plan long-term investment strategies.
-
Reinvest the dividends whenever possible.
Final Thoughts
Infosys, TCS, Hindustan Zinc and NTPC are some top dividend stocks to watch next week. Investors need to be aware of the ex-dividend date and record date if they plan on receiving a dividend from a stock. Check official announcements and invest according to your financial plan.
Disclosure: This information is intended for presentation purposes only. Investors should consult with their financial advisors before investing in any of the above.
Post a Comment