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Shares of Sun TV Network Limited (NSE:SUNTV) will begin trading ex-dividend in 2 days. To qualify for the dividend check of ₹5.00 per share, investors must have owned the sharesRead More...
Sun TV Network Limited is an Indian Media conglomerate company headquartered in Chennai, Tamil Nadu, India. It is a part of Sun Group and is one of Asia's largest TV networks. Established on 14 April 1993 by Kalanithi Maran , it owns a variety of television channels in multiple languages and radio stations in multiple languages.
Sun NXT is a global online audio/video streaming platform owned and operated by Sun Group's, Sun TV Network established in June 2017. It has more than 4000 movie titles including movies like Vijay's Sarkar Ajith Kumar's Mankatha,and Rajinikanth's Petta.
A dividend is a distribution of profits by a corporation to its shareholders, after which the stock exchange decreases the price of the stock by the dividend to remove volatility. The market has no control over the stock price on open on the ex-dividend date, though more often than not it may open higher. [1]
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(For example, 500 shares at $32 may become 1000 shares at $16.) Many major firms like to keep their price in the $25 to $75 price range. A US share must be priced at $1 or more to be covered by NASDAQ. If the share price falls below that level, the stock is "delisted" and becomes an OTC (over the counter stock). A stock must have a price of $1 ...
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