Dividend stocks: see the complete list for Wipro, IIFL Finance, Mastek, and other companies that will trade ex-dividend next week.

Screenshot 2024 01 17 103148 stocks

Several companies are set to trade ex-dividend and announce buybacks in the coming week, starting from January 23. Here are some notable stocks and their dividend/buyback details:

Ex-Dividend Announcements

  1. Angel One Ltd: Declared an interim dividend of ₹12.7. Ex-dividend date: January 23.
  2. MAS Financial Services Ltd: Declared an interim dividend of ₹3. Ex-dividend date: January 23.
  3. Wipro Ltd: The IT major declared an interim dividend of ₹1. Ex-dividend date: January 24.
  4. IIFL Finance Ltd: Declared an interim dividend of ₹4. Ex-dividend date: January 25.
  5. KDDL Ltd: Declared a dividend of ₹58. Ex-dividend date: January 25.
  6. Ksolves India Ltd: Declared an interim dividend of ₹7.5. Ex-dividend date: January 25.
  7. Mastek Ltd: Declared an interim dividend of ₹7. Ex-dividend date: January 25.

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Buyback Announcements

Arnold Holdings Ltd: Will declare a buyback of shares on January 25.

A buyback involves a company repurchasing its own shares, usually at a price higher than the market price, demonstrating confidence in the company’s value. Shareholders often view buybacks positively as they can lead to an increase in earnings per share and potentially enhance shareholder value.

Please note that these dates and details are subject to change, and investors should verify with official company announcements.

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