Angel One, HDFC Life among 11 stocks trading ex-dividend today

Shares of 11 companies, including Angel One, HDFC Life, and Torrent Power, traded ex-dividend on Friday as they have recently announced dividends. The record date to determine eligibility of shareholders was fixed as June 16. When a company goes ex-dividend on a particular date, its stock does not carry the value of the next dividend payment. In the past one year, Angel One declared an equity dividend of Rs 35.85 per share while Power Finance Corporation has a dividend yield of 4.36%. Other companies that turned ex-dividend include Avantel, Eimco Elecon, High Energy Batteries, Piramal Enterprises, SMC Global Securities, Shriram Finance, and Welspun Corp.