Dividend Stocks List: SKF India Trades Ex-Dividend Today - June 28, Check Other Corporate Details

Rajesh
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Investors in search of dividend stocks should pay attention to SKF India Ltd, as the company's shares will trade ex-dividend today. The ex-dividend date signifies the day when the stock's price adjusts to account for the upcoming dividend payout. On this day, the stock becomes ex-dividend, meaning it no longer carries the value of its next dividend payment. This article provides insights into SKF India's dividend announcement, along with updates on other noteworthy corporate events.

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SKF India's Ex-Dividend Date and Record Date:

On Wednesday's trading session, SKF India Ltd will trade ex-dividend. According to the company's exchange filing, Thursday, June 29th, has been designated as the record date for the forthcoming Annual General Meeting (AGM) and dividend payment if declared at the AGM.

Dividend Announcement by SKF India:

As per the company's exchange filing, the board of SKF India has recommended a final dividend of ₹40 per equity share for the financial year ended March 31, 2023. If approved by the members at the AGM, the dividend will be paid or dispatched within 30 days from the date of the ensuing AGM.

Other Corporate Events on June 28:

Apart from SKF India, several other companies have important events scheduled for June 28. Investors should keep an eye on the following:

1. Bharat Petroleum Corporation Ltd (BPCL):

BPCL has announced a board meeting on June 28 to discuss raising funds through a rights issue. The company aims to utilize these funds to further its goals of energy transition, net zero, and energy security.

2. Canara Bank:

Canara Bank will hold a board meeting on June 28 to consider and approve its capital raising plan for the financial year 2023-24. This meeting will take place at the bank's head office in Bengaluru.

Conclusion:

Dividend stocks provide an attractive investment opportunity for investors seeking regular income from their portfolios. SKF India's ex-dividend date is a crucial event for shareholders, and the company's dividend announcement holds significance for potential investors. Additionally, it is essential to stay informed about other corporate events, such as board meetings and capital raising plans, as they can impact the market and investment decisions. Keep a close watch on these developments to make well-informed investment choices in the dynamic world of finance.

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