Tata Power & 4 other stocks trade ex-dividend today

Shares of Tata Power, Marksans Pharma, Optiemus Infracom, Seshasayee Paper and Boards, Uniparts India turned ex-dividend on Wednesday.

Tata Power has earlier announced a dividend of Rs 2 per equity share for the financial year 2022-23. The company has fixed record date of June 8 to determine the eligibility of shareholders.

Shares of companies trade ex-dividend on the day of record date or a day before. When a company goes ex-dividend on a particular date, its stock does not carry the value of the next dividend payment.

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