Aster DM and 3 other stocks to trade ex-dividend on Monday. Last chance to buy!

Investors looking to qualify for these dividends must purchase shares by today to ensure settlement under the T+1 settlement cycle.

The eligibility is determined by shareholder status on the record date, which generally aligns with the ex-dividend date under the T+1 settlement cycle. This system mandates that trades settle one day after the transaction date. Consequently, investors must complete their share purchase at least one trading day prior to the ex-dividend date to ensure settlement and dividend eligibility.

Dividends are a key component of total shareholder returns, often paid in cash—usually on a quarterly basis—though some companies may opt for stock dividends. Firms with consistent profitability and strong financials typically distribute dividends as a way to share earnings with shareholders, making them attractive to investors seeking steady income.

Here’s a list of stocks from StockEdge data that will trade ex-dividend starting Monday:

Aster DM Healthcare

The healthcare services firm declared an interim dividend of Rs 4 per equity share along with its third quarter ended December results.The company said that the interim dividend will be paid within 30 days of the announcement, which means the dividend payout is scheduled for March 2, 2025.Also read | 3 out of 4 Nifty 50 firms saw EPS cuts in January 2025: JM Financial

GPT Infraprojects

GPT Infraprojects, which specializes in infrastructure construction and concrete sleeper manufacturing, declared an interim dividend of Re 1 per share.

The company said it is expecting to pay the interim dividend to the shareholders on or before March 5, 2025.

Indian Toners & Developers

The board of directors of Indian Toners & Developers at their meeting held on January 31, recommended an interim dividend of Rs 4.50 per share.

The company said the date of payment of the interim dividend will be on or before March 1, 2025.

Suraj Ltd

Suraj Ltd, which manufactures and exports stainless steel pipes, tubes, flanges, and fittings, announced an interim dividend of Rs 1.5 per share with the record date set as February 10.

Also read | Can Asian Paints shares tumble to Rs 2,000? Brokerages weigh in

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)