Dividend Watch: IRCTC, RITES among several companies going ex-dividend today

Oil India, Container Corporation of India, RITES, Indian Railway Catering and Tourism Corporation (IRCTC), KPI Green Energy, Page Industries, and nine other companies' shares will be closely watched today as they reach their ex-date tomorrow, Thursday, November 14, 2024, following the announcement of dividend rewards for shareholders. A dividend is a percentage of a company's profit dispersed to shareholders, which is often paid quarterly or annually and expressed as a fixed sum per share.

According to statistics available on the BSE, Oil India, Container Corporation of India, and RITES have declared interim dividends of Rs 3, Rs 3.25, and Rs 1.75 for their shareholders.

A range of prominent state-owned and private companies, including IRCTC and RITES, are set to trade ex-dividend starting today, November 14. Investors looking to secure the announced dividends should note that November 13 was the final day to purchase shares for eligibility.

Other Notable Ex-Dividend Stocks:

- Aptus Value Housing Finance India Ltd: Interim dividend of Rs 2 per share.
- Amara Raja Energy & Mobility Ltd: Interim dividend of Rs 5.3 per share.
- Astral Ltd: Interim dividend of Rs 1.5 per share.
- Container Corporation of India (CONCOR): Interim dividend of Rs 3.24 per share.
- Gretex Corporate Services Ltd: Interim dividend of Rs 0.3 per share.
- Indian Metals & Ferro Alloys Ltd: Interim dividend of Rs 10 per share.
- K.P. Energy Ltd: Interim dividend of Rs 0.2 per share.
- KP Green Engineering Ltd: Interim dividend of Rs 0.2 per share.
- KPI Green Energy Ltd: Interim dividend of Rs 0.2 per share.
- Oil India: Interim dividend of Rs 3 per share.
- Page Industries Ltd: A notable Rs 250 per share interim dividend.
- Power Grid Corporation: Interim dividend of Rs 4.5 per share.
- QGO Finance Ltd: Interim dividend of Rs 0.15 per share.

With these key stocks going ex-dividend, investors seeking dividend income may find today’s trading session pivotal to secure their eligibility for upcoming payouts.

Shares of Oil India, Container Corporation of India, RITES, Indian Railway Catering and Tourism Corporation (IRCTC), KPI Green Energy, Page Industries, and other companies will remain in focus today as they turn ex-dividend starting November 14, 2024, following their dividend announcements. A dividend is a portion of a company's profit distributed to shareholders, usually paid quarterly or annually, and expressed as a fixed amount per share.