Dividend Stocks: The business week starting from Monday, October 20 is very important. This week there will be Diwali and the market will also remain closed. During this time, stocks of many companies will trade on ex-dividend. These include big names like IRFC, Waaree Energies, Tech Mahindra and ICICI Lombard.
What is ex-dividend date?
The ex-dividend date is the day when the share price adjusts such that it no longer includes the value of the next dividend. When a stock goes ex-dividend, it means that the stock no longer benefits from the next dividend from that day. The dividend will be given to those shareholders whose names are present in the list of the company till the record date.
Stocks likely to trade ex-dividend next week:
Monday, October 20, 2025
Thursday, October 23, 2025
Friday, October 24, 2025
Other corporate actions
Covidh Technologies Ltd: Rights issue of equity shares on Friday, October 24.
Rights issue is a corporate action in which a company offers existing shareholders the opportunity to purchase additional shares, usually at a discounted price. It depends on how many shares of the company you have. In the same proportion, new shares are available for purchase at a discounted price.
Disclaimer: The information provided here is being given for information only. It is important to mention here that investing in the market is subject to market risks. As an investor, always consult an expert before investing money. Moneycontrol never advises anyone to invest money here.