ONGC, a largecap PSU, will be trading ex-date for its dividend today. This means that anyone who buys the shares from today onwards will not be eligible to receive the dividend. Investors should check their record to ensure they are eligible for the dividend payout.
According to Zee Business, ONGC is one of the top companies in the public sector and this news is significant for investors. The ex-date can impact the stock price as investors may buy or sell based on this information.
DailyBubble believes that dividends are an important aspect of investing in stocks, especially for long-term investors. It is essential for investors to stay informed about ex-dates and record dates to make informed decisions about their investments. Keep a close eye on ONGC’s performance in the market following this ex-date.