A dividend is a portion of a company’s profits distributed to its shareholders as a reward for holding its shares. Companies pay dividends to retain and attract long-term investors. When a stock trades ex-dividend, it means that investors purchasing the stock on or after that date are not entitled to receive the declared dividend.

Here are stocks that will trade ex-dividend in the coming week

360 ONE WAM Limited

With a market capitalization of Rs. 47,980.30 crore, the shares of 360 ONE WAM Limited closed at Rs. 1185.40 per equity share, rising nearly 0.50 percent from its previous day’s close price of Rs. 1179.55.

The company is issuing an interim dividend of Rs. 6 per equity share, representing a 600 percent payout over the face value of Re. 1 per share. The record date for the divide

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