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The stock of Akzo Nobel India will turn ex-dividend on Wednesday. Akzo Nobel had announced a dividend of ₹75 a share. This includes a special dividend of ₹60 a share on account of the company completing 60 years. Those who buy the stock from Wednesday will not get the payout, as the company has fixed it as record date to identify eligible shareholders. The Indian arm of the Netherlands-based Akzo Nobel has strong cash reserves to reward its shareholders.
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