Next week, get ready to trade ex-dividend with top stocks

TLDR: Shares of several companies, including Wipro, IIFL Finance, and Mastek, will trade ex-dividend in the coming week. The ex-dividend date is the day on which the stock’s price adjusts to reflect the next dividend payout, with the stock no longer carrying the value of the dividend payment from that day forward. These companies have declared the following dividends:

• Angel One: Interim dividend of ₹12.7, ex-dividend date is January 23
• MAS Financial Services: Interim dividend of ₹3, ex-dividend date is January 23
• Wipro: Interim dividend of ₹1, ex-dividend date is January 24
• IIFL Finance: Interim dividend of ₹4, ex-dividend date is January 25
• KDDL: Dividend of ₹58, ex-dividend date is January 25
• Ksolves India: Interim dividend of ₹7.5, ex-dividend date is January 25
• Mastek: Interim dividend of ₹7, ex-dividend date is January 25

In addition to the companies trading ex-dividend, Arnold Holdings will declare a share buyback on January 25, and Dolphin Offshore Enterprises (India) will undergo a stock split from ₹10 to ₹1 on the same date.