Dividend Stocks: Sun Pharma, Concor, IRB Infra to trade ex-date on Feb 6

Dividend Stocks, Share Split News, Market News: A number of stocks are set to trade ex-dividend or ex-split on Thursday, February 6, including Sun Pharma (ex-dividend), IRB Infra Developers (ex-dividend), Container Corp of India (ex-dividend), Triveni Turbine (ex-dividend), and Minolta Finance (ex-share split). Dividends and share splits are types of coporate action. The ex-date of February 6—also applicable to India Motor Parts & Accessories (ex-dividend), Sharda Cropchem (ex-dividend), and Ksolves India (ex-split)—means that these stocks will be traded with prices adjusted to their respective corporate actions. 

List of Stocks Set to Trade Ex-dividend on Feb 6

• Container Corporation of India (Concor) | Rs 4.25 per equity share dividend
• India Motor Parts & Accessories | Rs 10 per equity share dividend
• IRB Infra Developers | 10 paise per equity share dividend
• Sharda Cropchem | Rs 3 per equity share dividend
• Sun Pharma | Rs 10.5 per equity share dividend
• Triveni Turbine | Rs 2 per equity share dividend

List of Stocks Set to Trade Ex-Split on Feb 6

• Ksolves India | 2:1 split 
• Minolta Finance | 10:1 split

Here are the details of the stocks set to trade ex-dividend and ex-split on February 6. 

Meanwhile, domestic equity benchmarks closed in negative territory on Wednesday, with Sensex shedding 312.5 points, or 0.4 per cent, to close at 78,271.3 and the Nifty50 giving up 43 points, or 0.2 per cent, to settle at 23,696.3. 

Selling pressure in FMCG shares weighed on the indices though buying interest in spaces such as financial services and metal lent some support, helping the gauges avoid deeper cuts. 

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