CRISIL and Varun Beverages in Spotlight Today as Both Stocks Go Ex-Dividend

Two well-known companies — CRISIL and Varun Beverages — are getting a lot of attention in the stock market today because they’re trading ex-dividend. That simply means if you buy their shares today or after, you won’t get the next dividend payout they recently announced.

Let’s break down what this means and why it matters.

What’s Happening with CRISIL?

CRISIL, a company that does credit ratings and financial research, has announced it will give a ₹20 per share dividend to its shareholders. But here’s the catch: only people who owned the stock before today will get the money.

Since it’s going ex-dividend today (May 7), anyone who buys CRISIL shares now or later will miss out on this ₹20 payment.

Varun Beverages Is Also Going Ex-Dividend

Varun Beverages, which bottles and sells Pepsi drinks in India and other countries, also declared a dividend. They’re giving ₹1.25 per share to their shareholders. Just like CRISIL, Varun Beverages shares are also ex-dividend today. So if you’re buying the stock today, you won’t get the dividend.

There’s one more thing with Varun Beverages — the company earlier announced a stock split. That means for every 5 shares someone owns, they’ll get 2 extra shares. This makes the share price cheaper, so more people can afford to buy in. But keep in mind, the split will happen only after shareholders approve it in an upcoming meeting.

Why Does Ex-Dividend Matter?

When a stock goes ex-dividend, it usually drops in price a little — usually by the same amount as the dividend. So for example, if CRISIL was trading at ₹4,000 and it’s giving a ₹20 dividend, it might open a bit lower to reflect that payout.

This is normal in the stock market and happens with all dividend-paying companies.

Also, if you want to get a company’s dividend, you have to own the stock before the ex-dividend date. Buying it on or after that date means you won’t be eligible.

What Should Investors Know?

Both CRISIL and Varun Beverages are big names and many investors keep an eye on their stocks. Whether you’re buying for dividends or long-term investment, it’s always good to know the ex-dividend dates and how they affect stock prices.

Today is an important date for both companies — so traders, investors, and anyone interested in stock markets are watching them closely.