Top 5 Stocks Going Ex-Dividend Next Week to Watch

Are you looking to add dividend-paying stocks to your portfolio? Then you might want to keep an eye on some exciting companies going ex-dividend next week. But before we dive into the top picks, let’s discuss what “ex-dividend” really means — and why it matters to investors like you and me.

What Does “Ex-Dividend” Mean?

In simple terms, when a stock goes ex-dividend, it means that after a certain date, new buyers of that stock won’t be entitled to the upcoming dividend payout. So, if you buy the stock before the ex-dividend date, you’ll receive the next dividend. If you buy it on or after the ex-dividend date, you’ll miss out.

Think of it like ordering food just before the kitchen closes — you get served. But walk in after they’re closed? No soup for you!

Now, let’s check out the top 5 stocks that are going ex-dividend next week and see why they’re worth watching.

1. Hindustan Zinc Ltd

Ex-Dividend Date: June 21
Dividend Amount: ?3 per share
Stock Price (at the time of writing): ?580.70

This mining giant is one of India’s leading producers of zinc and silver. With a decent dividend track record, Hindustan Zinc is known to reward its shareholders regularly.

Why should you care? Consistent dividend payouts often hint at a financially stable business. And in uncertain markets, that reliability can be comforting, especially for long-term investors.

Things to Consider:

• Sector stability: Metals and mining can be cyclical, but Hindustan Zinc has maintained healthy margins.
• Dividend yield: While this dividend isn’t massive, it’s part of a pattern of generous payouts from the company.

2. Gujarat State Fertilizers & Chemicals Ltd (GSFC)

Ex-Dividend Date: June 21
Dividend Amount: ?2.70 per share
Stock Price (at the time of writing): ?222.05

GSFC is a veteran name in the agriculture input space, manufacturing fertilizers and industrial chemicals. Because the company plays such a vital role in India’s farming backbone, there’s usually steady demand for its products.

Why Watch GSFC?

• Strong fundamentals: The company remains debt-light and profit-positive.
• Appealing dividend yield: The current payout indicates a decent return for income-seeking investors.

For those who believe in the long-term benefits of supporting agri-focused companies, GSFC could be a smart dividend opportunity.

3. Kabra Extrusion Technik

Ex-Dividend Date: June 21
Dividend Amount: ?2 per share
Stock Price (at the time of writing): ?540.10

Kabra focuses on plastic extrusion machinery — not the most glamorous sector, but a steady one. Their innovations are often geared towards sustainability, especially in electric vehicle (EV) battery components.

Why It Stands Out:

• Future-ready tech: Their work with lithium-ion battery tech could place them ahead of the curve in the EV ecosystem.
• Decent returns: A ?2 per share dividend might not turn heads, but when seen alongside growth, it sweetens the deal.

This is one of those hidden gems where a small dividend now could become more meaningful down the road.

4. Maharashtra Scooters Ltd

Ex-Dividend Date: June 21
Dividend Amount: ?20 per share
Stock Price (at the time of writing): ?7,634.15

Yes, you read that right — ?20 per share!

Maharashtra Scooters isn’t just about two-wheelers. It also holds strategic investments in Bajaj group companies, which is where a large portion of its profits originate.

Why This Catches the Eye:

• High-value dividend: ?20 per share makes this the most generous payout on this week’s list.
• Investment perks: It’s like owning a part of the Bajaj group without buying directly into it.

Of course, the high stock price might be a barrier for some investors. But for those with a long-term horizon, this one could offer both growth and income.

5. Banco Products (India) Ltd

Ex-Dividend Date: June 21
Dividend Amount: ?4 per share
Stock Price (at the time of writing): ?577.85

Banco Products specializes in engine cooling systems and gaskets. They supply to both domestic and international automobile companies. So, if you believe in the recovery of the auto sector, Banco might be a nice side bet.

What’s Working in Their Favor:

• Strong client base: Serves several big-name auto manufacturers.
• Steady earnings: Their dividend is backed by profits, not just goodwill.

As global supply chains recover and auto production picks up, Banco Products could benefit — and so could its shareholders.

So, Should You Buy Stocks Just for the Dividend?

Great question. While dividends are an attractive bonus, it’s rarely wise to buy a stock just for the upcoming payout, especially if the fundamentals aren’t sound.

Here’s why:

• Stock prices often adjust downward by the dividend amount on the ex-dividend date.
• If you’re not holding long-term, you may not gain much from the short-term move.
• Taxes can eat into your dividend income, depending on your country’s rules.

Instead, think of dividend stocks as part of a broader strategy. They’re great for building wealth over time and creating passive income.

Final Thoughts: Keep an Eye on the Calendar

Paying attention to ex-dividend dates helps you make better-informed decisions. Whether you’re a seasoned investor or just starting out, these dates offer a chance to evaluate the health and potential of dividend-paying companies.

To recap, here are the top 5 stocks going ex-dividend next week:

• Hindustan Zinc Ltd
• GSFC
• Kabra Extrusion Technik
• Maharashtra Scooters Ltd
• Banco Products (India) Ltd

Each has its own story, level of risk, and reward. Take time to research further before making your move. After all, investing is part planning, part patience — and a pinch of luck never hurts!

What’s Your Take?

Do you prefer steady dividend payers or growth stocks with long-term upside? Have any of these stocks caught your eye before? Feel free to drop your thoughts in the comments below — we’d love to hear your investing journey!

And don’t forget to bookmark this page for your weekly dividend watchlist.

Until next time — happy investing! ??

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