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Stocks such as Sun TV Network and Gillette India, among others, will trade ex-dividend starting Tuesday, November 26.
Understanding ex-dividend dates
The ex-dividend date determines shareholder eligibility for dividends declared by a company. To qualify, investors must own shares at least one trading day before the ex-dividend date. Under the T+1 settlement framework, this ensures transactions are settled in time for the record date. Shares purchased on the ex-dividend date or later will not qualify for dividends.
According to StockEdge data, these companies are set to trade ex-dividend starting Tuesday:
Dividend-paying stocks often attract investors seeking steady income, making today a key day for those looking to lock in upcoming payouts. However, it’s essential to consider the company’s fundamentals and market conditions alongside the dividend yield before making decisions.