9 stocks to trade ex-dividend on Monday. Last chance to buy for eligibility

Investors looking to benefit from corporate dividend announcements should take note: today marks the ex-dividend date for nine companies, meaning it’s the final opportunity to purchase these stocks and still be eligible for their announced payouts.

These companies are approaching their ex-date, September 1, for determining the shareholder eligibility for the announced dividends.

Among the most prominent is Alivus Life Sciences, which has declared a Rs 5 per share final dividend. This is one of the highest payouts in the current dividend cycle.

Triveni Engineering and Industries has also announced a Rs 2.5 per share final dividend, while its affiliate, Triveni Turbine, is offering Rs 2 per share. Both companies have a solid track record of rewarding shareholders and are frequently on dividend-watch lists.

Other key dividend declarations include:

All these companies have scheduled Monday, September 1, as their ex-date, which means only those holding the stocks before the end of trading hours today will be eligible to receive the respective dividends.

The ex-dividend date plays a crucial role in determining investor eligibility. Once the stock goes ex-dividend, the price typically adjusts downward to reflect the payout. Hence, traders who acquire shares post this date will not receive the declared dividend.

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