Dividend Stocks, Aug. 24 -- Shares of several companies, such as Vedanta, Gillette, Bajaj Steel and others, are expected to trade ex-dividend this week, according to BSE.

Some of the major companies have announced various corporate actions, including the bonus issue, stock split, buyback of shares and others, as per BSE data. HDFC Bank will trade ex-bonus this week.

The day when the equity share price adjusts to reflect the next dividend payout is known as the ex-dividend date. When the stock becomes ex-dividend, it means that the stock no longer includes the value of its upcoming dividend payment from that day onwards.

Dividends are payable to all the shareholders whose names appear on the company's list by the end of the record date....