Nelco, Prime Securities shares to go ex-dividend today
Dividend news 2023: Nelco and Prime Securities shares will trade ex-dividend on Tuesday, June 6, according to NSEs website.
Dividend news 2023: Shares in satellite communication service provider Nelco, a Tata group company, and investment banking, as well as corporate advisory services company Prime Securities, are all set to trade ex-dividend on Tuesday, June 6.
Nelco dividend
Nelco has announced a dividend of Rs 2 per equity share, a 20 per cent payout given the face value of Rs 10 per share.
Prime Securities dividend
Prime Securities has announced a dividend of Re 0.50 per share, a 10 per cent payout given the face value of Rs 5 per share.
What is an ex-date?
An ex-date is the date on which a security trades on the bourses minus the value of corporate action such as a dividend or a bonus.
Catch latest stock market updates here. For all other news related to business, politics, tech, sports and auto, visit Zeebiz.com.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.