Dividend Stocks, Feb. 8 -- Shares of several major companies, including Hero MotoCorp, Cochin Shipyard, ITC, MRF, Torrent Power and NHPC, are among others companies set to trade ex-dividend from Monday, February 10, according to data collected from the BSE website.

As per the exchange data, some companies have announced other corporate actions, such as bonus issues and stock splits.

The ex-dividend date is when the equity share price adjusts to reflect the next dividend payout. This day, the stock becomes ex-dividend, which means it does not carry the value of its next dividend payment from that day forward. Dividends are payable to all the shareholders whose names appear on the company's list by the end of the record date.

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