Dividend Stocks, Buyback today, May 10: Coforge, Laurus Labs, Welspun, Mindspace REIT trade ex-date
Dividend Stocks, Buyback today, May 10: Coforge, Laurus Labs, Welspun and Mindspace REIT will trade ex-date on Wednesday, May 10, according to the NSE website.
Dividend Stocks, Buyback today, May 10: A total of four stocks — Coforge, Laurus Labs, Welspun and Mindspace REIT traded ex-date on Wednesday, May 10, according to the NSE website. Typically, the price of a stock is adjusted when a company distributes 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.
Besides, a share buyback is a corporate action wherein the company buys its own shares back from its investors. A company buys its shares at a higher price than the current market price. This premium is the profit that a shareholder gets.
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Mindspace REIT
Mindspace REIT dividend
Mindspace Business Parks REIT traded ex-date for distribution Rs 4.81 per unit comprising of dividend Rs 4.37 per unit/interest amount Re 0.43 per unit other income Re 0.01 per unit for a face value of Rs 275. The record date is also May 10.
Image: Pixabay/ Representational image
Welspun India
Welspun India buyback 2023
Welspun India traded ex-date for buyback with a face value of Re 1. The record date is also February May 10.
Image: Pixabay/ Representational image
Coforge
Coforge dividend 2023
Coforge has announced an interim dividend of Rs 19 per equity share with a face value of Rs 10. The stock traded ex-dividend on May 10. The record date is also May 10.
Image: Pixabay/ Representational image
Laurus Labs
Laurus Labs dividend
Laurus Labs has announced an interim dividend of Rs 1.20 per equity share with a face value of Rs 2. The stock traded ex-dividend on May 10. The record date is also May 10.
Image: Pixabay/ Representational image