Three Nifty stocks, namely HDFC Bank, HDFC and Tata Consumer Products, will trade ex-dividend this week. HDFC Bank has recommended a dividend of Rs 19 per equity share, while HDFC declared an interim dividend of Rs 44 per equity share. Tata Consumer Products has recommended a final dividend of Rs 8.45 per equity share. The company's net profit for the quarter ended in March was Rs 268 crore, up by 23% YoY. Revenue from operations during the fourth quarter also increased to Rs 3,619 crore, up 14% YoY.
