Dividend Stocks: Vedanta, Can Fin Homes To Trade Ex-Dividend This Week; Check Details Here

Dividend Stocks This Week: Shares of Vedanta Ltd, and Can Fin Homes will trade ex-dividend this week. Vedanta Shares will trade ex-dividend on Wednesday (December 27), while shares of Can Fin Homes will trade ex-dividend on Friday (December 29).

The ex-dividend date is the date when a stock starts trading sans the subsequent dividend value. Investors and shareholders of companies keenly await for a stock to trade ex-dividend as it holds special importance in terms of investment perspective. Investors who bought the stock before the ex-dividend date are eligible for the next dividend payment while those who bought the stock on the ex-dividend date, or after, are not entitled to receive the next dividend payment.

Vedanta Ltd:

On December 18, 2023, the Anil Agarwal-led company declared a second interim dividend of Rs 11 per equity share i.e. 1100% on the face value of Rs 1/- per equity share for the Financial Year 2023-24. The company fixed December 27 as the record date for the purpose of payment of dividend. The share price of Vedanta Limited closed 1.46% higher at Rs 259.75 per share on Friday.
Vedanta Ltd has a current market capitalization of Rs 96,554.18 crore.

Vedanta Ltd stock price performance:

The share price of Vedanta Ltd has gained 15.42% in last three months. In the last six months, Vedanta shares have fallen 7.45%. The last one-year and 2-year returns from the stock have fallen 13.99% and 24.05% respectively.

Can Fin Homes Ltd

The share price of Can Fin Homes Ltd gained 0.64% at Rs 764.50 per share on Friday. The company has a current market capitalization of Rs 10,179.63 crore.

On December 20, 2023, Can Fin Homes Ltd had inter-alia considered and declared an 'Interim Dividend' of 'Rs.2/- per equity share' of face value Rs.2/- each for the Financial Year 2023- 24.

The company has fixed December 29, 2023, Friday as the 'Record Date' for the purpose of payment of Interim Dividend. The aforesaid Interim Dividend is expected to be credited to shareholders' accounts on or before January 19, 2024, Friday.

Can Fin Homes stock price performance:

In this year so far, the share price of Can Fin Homes Ltd has gained 40.01%. In the last one year, the stock has gained 46.64%. In the last two years and three years, returns from the stock have gained 40.87% and 65.19% respectively.