equity dividends

RITES Share Price: RITES shares rally over 12% as stock trades ex-dividend, ex-bonus

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RITES Share Price: RITES shares rally over 12% as stock trades ex-dividend, ex-bonus

Shares of state-owned company RITES rallied 12.5% to its day’s high of Rs 383.35 on BSE as the stock started trading on an ex-dividend and an ex-bonus basis from today. The company announced a final dividend of Rs 5 per share and a 1:1 bonus share issue earlier in July for its eligible shareholders, while … Read more

Mazagon Dock Shipbuilders shares to trade ex-dividend tomorrow

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Mazagon Dock Shipbuilders shares to trade ex-dividend tomorrow

Shares of defense PSU Mazagon Dock Shipbuilders are expected to be in focus today, as the company has set September 19 as the record date for determining shareholder eligibility for dividend payments. Consequently, today is the last opportunity to purchase shares to qualify for the announced dividend of Rs 12.11 per share, which was declared … Read more