Out of the lot, two are Nifty companies, i.e., HCL Tech and Shriram Finance, along with other names like PFC, MRF, and RBL Bank.
Dividends are paid to shareholders whose names appear in the company’s database on the record date. After the implementation of the T+1 framework, the record date and ex-date are the same in most cases unless there is a market holiday after the ex-date.
Shareholders who buy the stock at least one day before the ex-date are eligible for dividends as settlement happens the next day. Those buying the stock on the ex-date are not eligible for dividends.
Here is a list of stocks that are trading on an ex-dividend basis this week:Monday, July 22:
Exide Industries, Happy Forgings, Bemco Hydraulics, Carborundum Universal, Divgi Torqtransfer Systems, Chembond Chemicals, DHP India, Indian Metals & Ferro Alloys, Swelect Energy Systems, Taparia Tools, Voltamp Transformers and Xpro India are the companies that have fixed July 22 as their record date to determine the eligibility of shareholders for the dividends.Tuesday, July 23
Data Patterns, Goodyear India, HCL Tech, HIL Ltd, Jenburkt Pharmaceuticals, Modison,
Novartis India, Oriental Carbon & Chemicals, Plastiblends India, Rainbow Children’s Medicare, Rajratan Global Wire, Shree Cement, Shriram Finance, SIL Investments, Steel City Securities, TCFC Finance, TCPL Packaging, Tembo Global Industries, Tube Investments of India, Walchand Peoplefirst and Weizmann had declared July 23 as the record date for their dividends.
Wednesday, July 24
Avadh Sugar & Energy, Dynamic Cables, Elgi Equipments, Fiem Industries, Fortis Healthcare, Fortis Malar Hospitals, Hatsun Agro Product, Honeywell Automation, IFGL Refractories, Indo Count Industries, Lakshmi Machine Works, Pidilite Industries, Privi Speciality Chemicals and Vinyl Chemicals have fixed July 24 as the record date for dividend purpose.
Thursday, July 25
Akzo Nobel India, Bhansali Engineering Polymers, Datamatic Global Services, Diamines & Chemicals, Magadh Sugar & Energy, MRF, Orient Electric, Pradeep Metals, Punjab Chemicals & Crop Protection, Radico Khaitan, Suryalata Spinning Mills, United Breweries and V-Guard Industries have July 25 as the record date for determining the shareholder eligibility for dividend purposes.
Friday, July 26
Zydus Lifesciences, Whirlpool of India, Vindhya Telelinks, Universal Cables, Timken India, The Anup Engineering, Symphony, Sonata Software, Sobha, RR Kabel, RBL Bank, Rane Holdings, PFC, Orient Paper & Industries, Nesco, Kirloskar Brothers, JK Tyre & Industries, Godrej Agrovet, Galaxy Surfactants, Eveready Industries, Dollar Industries, CreditAccess Grameen, Cosmo First, Coromandel International, Control Print, Bondada Engineering, Bombay Cycle & Motor Company, Birla Cable, BASF India, Associated Alcohols & Breweries, Aditya Vision, ADF Foods, Aarvi Encon, Aarti Industries, 21st Century Management Services, GRP Ltd, Infobeans Technologies, JTEKT India, Kaira Can Company, Magellanic Global Enterprise, Mangalam Global Enterprise, Menon Bearings, Mukand Ltd, Nitta Gelatin India, Nocil, Paushak, Raghav Productivity Enhancers, Repco Home Finance, Sasken Technologies, Sudarshan Chemical Industries, Super Sales India, The Ugar Sugar Works, Tinna Rubber and Infrastructure, Voith Paper Fabrics India and Yasho Industries have fixed July 26 as their record date.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)
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