Comments
Shares of BPCL and Tata Consultancy Services will turn ex-dividend on Monday. While the OMC major is rewarding its shareholders with dividend of ₹15 (face value ₹10), TCS is offering ₹27 (face value ₹1).
So, Friday would be the cut-off date for prospective investors to avail themselves of the benefit of the payouts.
The move could benefit about 6.5 lakh retail shareholders in TCS, who own 3.37 per cent stake in the company, and 89,800 small investors controlling 2.24 per cent stake in BPCL.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.