9 shares to trade ex-dividend on Monday. Last chance to buy for suitability

Investors who want to take advantage of announcements of the dividends of companies must take it into account: today the ex-dividend date for nine companies marks, which means that this is the ultimate possibility to buy these shares and still be eligible for their announced payouts.

These companies are approaching their ex-date, 1 September, to determine the shareholder for the announced dividends.

One of the most prominent is Alivus Life Sciences, which has declared an RS 5 per share definitive dividend. This is one of the highest payments in the current dividend cycle.

Triveni Engineering and Industries has also announced an RS 2.5 per share definitively dividend, while his partner, Triveni turbine, RS 2 offers per share. Both companies have a solid track record of rewarding shareholders and are often on dividend watch lists.

Other important dividend statements are:

All these companies have planned on Monday 1 September as their ex-date, which means that only those who hold the shares are eligible today to receive the respective dividends before the end of the trading hours.

The ex-dividend date plays a crucial role in determining the suitability of investors. As soon as the stock of ex-dividend goes, the price usually adjusts down to display the payment. That is why traders who acquire shares will not receive the declared dividend after this date.

Read also: GST CUT: Jefferies Upgrade Hero Motocorp Butarish on Hyundai and Tata Motors

((Indemnification: Recommendations, suggestions, views and opinions of the experts are their own. These do not represent the views of economic times