Shares of several companies, such as Happy Forgings, Siyaram Silks, Strides Pharma, Voltamp Transformers and others, are likely to trade ex-dividend next week, according to BSE.

Several major companies have declared a range of corporate actions, such as bonus issues, stock splits, share buybacks, and more.

What is ex-dividend stock?

The date on which the equity share price adjusts to reflect the upcoming dividend payment is referred to as the ex-dividend date. When a stock goes ex-dividend, it indicates that the stock no longer reflects the value of its forthcoming dividend payment starting from that date.

Dividends are distributed to all shareholders whose names are listed by the end of the record date.

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Stocks trading ex-dividend on Tuesday, July 22

Happy Forgings: The company’s board of directors announced to pay a final dividend of Rs 3 per equity share. The share price of Happy Forgings has risen 2% in the last five trading sessions and dropped 5% from year to date (YTD).

Hind Rectifiers: The company will be paying out a final dividend of Rs 2 per equity share to investors on July 22.

Menon Pistons: The company will be paying a final dividend of Re 1 per equity share to its eligible shareholders. 

SIL Investments: The board of directors announced to pay a final dividend of Rs 2.5 per equity share to the eligible shareholders. 

Siyaram Silk Mills: The company will be paying out a final dividend of Rs 5 to the eligible shareholders. 

Strides Pharma Science: The company will be paying out a final dividend of Rs 4 to the eligible shareholders. 

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Voltamp Transformers: The company will be paying out a final dividend of Rs 100 to the eligible shareholders. 

Wires & Fabriks SA: The company will be paying out a final dividend of Rs 0.1 to the eligible shareholders. 

Apart from these stocks, there are several other companies that will trade ex-dividend this week. Among those companies, 3M India will be rolling out the highest dividend. The company has recommended a final dividend of Rs 160 and a special dividend of Rs 375 per equity share for the financial year 2025.