Dividend Stocks today, May 9: OFSS, Ramkrishna Forgings shares trade ex-date

Dividend Stocks Today, May 9: Oracle Financial and  Ramkrishna Forgings traded ex-dividend on May 9, Tuesday, according to the NSE website. Typically, the price of a stock is adjusted when a company distributes a dividend. Simply put, the stock trades without the benefit of the next scheduled dividend payment on the ex-dividend date. The price and the date are called the ex-dividend price and the ex-dividend date.

OFSS dividend record date 2023 

Oracle Financial Services Software Ltd. NSE: OFSS announced a dividend payout of 4,500 per cent for its shareholders. The Mumbai-based firm declared an interim dividend of Rs 225 per equity share of face value of Rs 5 each for the financial year 2022-23. 

The provider of IT solutions to the financial services industry fixed May 9 as the record date.  "Fixed Tuesday, May 9, 2023 as the Record Date for the purpose of said Interim Dividend," the company's regulatory filing read. 

OFSS dividend 2023 payout date

OFSS board has also fixed the record date for determining the eligibility of shareholders for the payment of the dividend. OFSS's dividend record date is May 25.

Ramkrishna Forgings dividend 

Ramkrishna Forgings has announced an interim dividend of Re 0.50 per equity share with a face value of Rs 2. The stock will trade ex-dividend on May 9. The record date is also May 9.

For all other news related to business, politics, tech, sports and auto, visit Zeebiz.com