Dividends This Week — HAL, IRCTC, NBCC, KPI Green And More

These stocks will trade ex-dividend this week — check all ex-dates here.

Investors should note that the record date determines shareholder eligibility for dividends (Representative image. Source: Canva stock)

This week sees multiple companies distributing interim dividends to shareholders, including Hindustan Aeronautics Ltd., Indian Railway Catering and Tourism Corp. and NBCC (India) Ltd., as their boards allocate payouts following recent financial results.

Investors should note that the record date determines shareholder eligibility for dividends. Under India's T+1 settlement cycle, shares purchased on the record date itself will not qualify for the dividend payment. The ex-dividend date, which precedes the record date, marks when the share price adjusts to reflect the upcoming payout.

HAL

Hindustan Aeronautics has announced its first interim dividend of Rs 25 per equity share. The record date for eligibility is Feb. 18, and the dividend shall be paid on or before March 14.

Previously, the defence company declared a final dividend of Rs 13 per share with an ex-date of Aug. 21, 2024.

Also Read: Hindustan Aeronautics Q3 Results: Profit Up 14%, Beats Estimates

IRCTC

Indian Railway Catering and Tourism Corp. has announced a second interim dividend of Rs 3 per equity share. The record date for eligibility is Feb. 20.

Previously, the transit service company declared an interim dividend of Rs 4 per share with an ex-date of Nov. 14, 2024, and a final dividend of Rs 4 per share with an ex-date of Aug. 23, 2024.

Also Read: IRCTC Q3 Results: Profit Rises 14%, Margin Narrows

NBCC

The civil construction company has declared an interim dividend of Rs 0.53 per equity share for the financial year. The record date for eligibility is Feb. 18.

Earlier, the company also announced a final dividend of Rs 0.63 per share with an ex-date of Sept. 6, 2024, and a 1:2 bonus issue with an ex-date of Oct. 7, 2024.

Also Read: NBCC Q3 Results: Profit Up 25%, Revenue Rises 17%

KPI Green Energy

KPI Green has declared a third interim dividend of Rs 0.20 per equity share and the record date for eligibility is Feb. 18, and the dividend shall be paid within 30 days of declaration.

Previously, the renewable energy company allotted a 1:2 bonus issue with an ex-date of Jan. 3. The first interim dividend of Rs 0.20 per share was declared on Aug. 21, 2024, followed by the second interim dividend of Rs 0.20 per share on Nov. 14, 2024. The company also paid a final dividend of Rs 0.20 per share on Oct. 4, 2024.

Procter & Gamble Health

The pharma company has declared an interim dividend of Rs 110 per equity share for the financial year 2024-25. The ex-dividend and record date for eligibility is set for Feb. 20. The dividend shall be paid on or before March 7.

Earlier this fiscal, the company also announced a final dividend of Rs 95 per share, with an ex-date of Nov. 19, 2024.

Gillette India

Gillette has announced an interim dividend of Rs 65 per equity share for the financial year 2024-25. The record date for eligibility is Feb. 19, and the dividend will be paid on or before March 7.

Earlier, the razor maker declared a final dividend of Rs 45 per share with an ex-date of Nov. 26, 2024.

Oil India

Oil India has declared a second interim dividend of Rs 7 per equity share. The record date for eligibility is Feb. 17, with payment on or before March 8.

Earlier this fiscal, the company allotted a first interim dividend of Rs 3 per share with an ex-date of Nov. 14, 2024, and a final dividend of Rs 2.50 per share with an ex-date of Aug. 30, 2024. It also announced a 1:2 bonus issue with an ex-date of July 2, 2024.

Also Read: Oil India Q3 Results: Profit Slips By A Third, Margin Contracts

Ircon International

The construction company has declared an interim dividend of Rs 1.65 per equity share. The record date for eligibility is Feb.17 and the dividend will be paid from Feb. 28 onwards.

Earlier this fiscal, the company announced a final dividend of Rs 1.30 per share with an ex-date of Sept. 5, 2024.

Also Read: SJVN Declares Dividend Of Rs 1.15 Per Equity Share

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WRITTEN BY
Neha Aravind
Neha Aravind is a desk writer at NDTV Profit, who covers business and marke... more
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