Seventeen companies will trade ex-date for dividends

Shares of several companies will trade ex-date for key corporate actions from March 24 to March 28. This includes REC, TVS Motor, Ksolves India, Kama Holdings, Samvardhana Motherson, and Motherson Sumi Wiring. During this period, these companies will implement changes like dividends, bonus shares, and stock splits. A dividend is cash given to shareholders. A bonus issue means companies provide free shares to existing shareholders. A stock split divides the value of a company's shares into smaller pieces, while a rights issue allows shareholders to buy more shares at a fixed price. REC has announced a dividend of Rs 3.60 per share for the financial year 2024-25. The record date for this dividend is set for March 26, 2025. Payments will be made by April 16, 2025. RailTel, another company, declared a 10% interim dividend for the same financial year. The record date for this dividend is April 2, 2025, with payments expected by April 9, 2025.