In the next week, the shares of many big companies including ONGC, Coal India, IRCTC are going to be ex-dividend. Investors in these stocks are to get dividends ranging from 0.50 paisa to 37 rupees per share. Dividend is the share of profits made by the company to the shareholders. Dividend is paid on per share basis.

In the next week, many companies including Eicher Motors, Coal India, ONGC, Jindal Steel and Power, IRCTC, LC Housing Finance will ex-dividend.

Ex-dividend means that the company has fixed a date, after that date the share buyer does not get the dividend of that time, whereas if the shares are bought before the ex-dividend date, then the dividend or bonus is received. The buyer of shares after the ex-dividend date receives the dividend the second time the company declares it.

Now let's know which companies are going to pay dividends in the coming days.

Eicher Motors - Eicher Motors, one of the major automobile companies, will give a dividend of Rs 37 per share. The company's ex-dividend date is 14 August.

Coal India- Coal India has declared a dividend of Rs 3 per share. The ex-dividend date is August 18.

IRCTC- IRCTC has declared a final dividend of Rs 2 per share. Its ex-dividend date is August 18.

Jindal Steel & Power- Jindal Steel & Power has declared a dividend of Rs 2. Its ex-dividend date is August 18.

ONGC- Public sector company ONGC has declared a dividend of 0.50 paise per share, also with an ex-dividend date of August 18.

LIC Housing Finance- Home loan company LIC Housing Finance has declared a dividend of Rs 8.5 per share, ex-dividend date 18 August.

RLB Bank – This bank has declared a dividend of Rs 1.50 per share. The ex-dividend date is August 18.

There are many investors in the stock market who hold shares of companies that pay good dividends for a long period of time. There are many companies listed in the stock market that pay hefty dividends

Giving. Retired people in particular tend to invest more in dividend-paying company stocks. Many companies also offer bonus shares to their investors.