Among the stocks set to trade ex-dividend are Reliance Industries, which will offer a dividend of ₹10 per share, and South Indian Bank, offering an interim dividend of ₹0.30 per share.
The ex-dividend date is the day on which the equity share price adjusts to reflect the next dividend payout. It is the day the stock becomes ex-dividend, which means it does not carry the value of its next dividend payment from that day forward.
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