India, June 21 -- A dividend represents a share of a company's profits distributed to its shareholders. When a company has retained earnings, management can decide to reinvest the funds to support business growth, repay debts, reserve them for future requirements, or distribute dividends.

Here are stocks that will trade ex-dividend in the coming week: Hindustan Unilever Ltd Hindustan Unilever Limited (HUL) is India's largest fast-moving consumer goods (FMCG) company, offering many brands in home care, beauty, personal care, and foods. It is a subsidiary of Unilever and serves 9 out of 10 Indian households with products like Surf Excel, Dove, and Horlicks.

The company is issuing a Final dividend of Rs. 24 per equity share, representing ...