Several listed companies including Indus Towers Ltd., Jio Financial Services Ltd., Bharat Electronics Ltd., Godrej Consumer Products Ltd., Hindustan Aeronautics Ltd., Hindustan Petroleum Corporation Ltd. and Indian Oil Corporation Ltd., will be in focus this week as their shares trade around record dates fixed for dividend payouts.
Interim Dividend
PTC India Ltd. has announced an interim dividend of Rs. 23 per share, with the record date fixed for August 10. RITES Ltd. has announced an interim dividend of Rs. 1.40 per share, while Styrenix Performance Materials Ltd. has announced an interim dividend of Rs. 23 per share. Both companies have fixed August 10 as the record date.
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Castrol India Ltd. has announced an interim dividend of Rs. 6.25 per share, with Aug. 11 set as the record date. Symphony Ltd. has announced an interim dividend of Rs. 1 per share, with the record date fixed for Aug. 11.
ASM Technologies Ltd. has announced an interim dividend of Rs. 6 per share, while Computer Age Management Services Ltd. has announced an interim dividend of Rs. 2.50 per share. Both companies have fixed Aug. 12 as the record date.
KCP Ltd. has announced an interim dividend of Rs. 0.50 per share, while Uniparts India Ltd. has announced an interim dividend of Rs. 9 per share and Vaibhav Global Ltd. has announced an interim dividend of Rs. 1.50 per share. All three companies have fixed Aug. 12 as the record date.
Visaka Industries Ltd. has announced an interim dividend of Rs. 1 per share, with August 13 set as the record date.
Dynamatic Technologies Ltd. has announced an interim dividend of Rs. 3 per share, while Premco Global Ltd. has announced an interim dividend of Rs. 2 per share. Rain Industries Ltd. has announced an interim dividend of Rs. 1 per share. All three companies have fixed August 14 as the record date.
Sonata Software Ltd. has announced an interim dividend of Rs. 1.25 per share, with August 14 set as the record date.
Godrej Consumer Products Ltd. has announced an interim dividend of Rs. 5 per share, with the record date fixed for August 13.
Final Dividend
AVT Natural Products Ltd. has announced a final dividend of Rs. 0.45 per share, while Central Mine Planning & Design Institute Ltd. has announced a final dividend of Rs. 1.06 per share. Jio Financial Services Ltd. has announced a final dividend of Rs. 0.60 per share, while Majestic Auto Ltd. has announced a final dividend of Rs. 25 per share. All four companies have fixed August 10 as the record date.
West Coast Paper Mills Ltd. has announced a final dividend of Rs. 3 per share, with August 10 set as the record date.
Chambal Fertilisers & Chemicals Ltd. has announced a final dividend of Rs. 6 per share, while Dhunseri Ventures Ltd. has announced a final dividend of Rs. 1.50 per share and Gland Pharma Ltd. has announced a final dividend of Rs. 20 per share. All three companies have fixed August 11 as the record date.
E & E Enterprises Ltd. has announced a final dividend of Rs. 1 per share, while Godfrey Phillips India Ltd. has announced a final dividend of Rs. 33 per share. Kirloskar Industries Ltd. has announced a final dividend of Rs. 13 per share and Ratnamani Metals & Tubes Ltd. has announced a final dividend of Rs. 10 per share. All four companies have fixed Aug. 11 as the record date.
Kanoria Energy & Infrastructure Ltd. has announced a final dividend of Rs. 0.05 per share, while Kopran Ltd. has announced a final dividend of Rs. 3 per share. Standard Industries Ltd. has announced a final dividend of Rs. 0.25 per share and Sudarshan Chemical Industries Ltd. has announced a final dividend of Rs. 5 per share. All four companies have fixed August 11 as the record date.
Dhunseri Tea & Industries Ltd. has announced a final dividend of Rs. 2 per share, while Gabriel India Ltd. has announced a final dividend of Rs. 3.10 per share and H.G. Infra Engineering Ltd. has announced a final dividend of Rs. 2 per share. All three companies have fixed August 12 as the record date.
Industrial & Prudential Investment Company Ltd. has announced a final dividend of Rs. 120 per share, while KPIT Technologies Ltd. has announced a final dividend of Rs. 5.25 per share and Neelamalai Agro Industries Ltd. has announced a final dividend of Rs. 20 per share. All three companies have fixed August 12 as the record date.
NHPC Ltd. has announced a final dividend of Rs. 0.21 per share, while Sandur Manganese & Iron Ores Ltd. has announced a final dividend of Rs. 0.50 per share and Narmada Gelatines Ltd. has announced a final dividend of Rs. 11 per share. All three companies have fixed August 12 as the record date.
Antony Waste Handling Cell Ltd. has announced a final dividend of Rs. 0.50 per share, while Bharat Electronics Ltd. has announced a final dividend of Rs. 0.55 per share and Dhunseri Investments Ltd. has announced a final dividend of Rs. 3 per share. All three companies have fixed August 13 as the record date.
Metal Coatings India Ltd. has announced a final dividend of Rs. 1 per share, while Neogen Chemicals Ltd. has announced a final dividend of Rs. 1 per share and Power Grid Corporation of India Ltd. has announced a final dividend of Rs. 1.25 per share. All three companies have fixed August 13 as the record date.
Prestige Estates Projects Ltd. has announced a final dividend of Rs. 2 per share, while RailTel Corporation of India Ltd. has announced a final dividend of Rs. 1.25 per share. The Ramco Cements Ltd. has announced a dividend of Rs. 2.50 per share, while Ramco Industries Ltd. has announced a final dividend of Rs. 1.25 per share. All four companies have fixed August 13 as the record date.
Sodhani Capital Ltd. has announced a final dividend of Rs. 0.50 per share, while South Indian Bank Ltd. has announced a final dividend of Rs. 0.45 per share and Sumedha Fiscal Services Ltd. has announced a final dividend of Rs. 1 per share. Tirupati Foam Ltd. has announced a final dividend of Rs. 1 per share and Usha Martin Ltd. has announced a final dividend of Rs. 3.75 per share. All five companies have fixed Aug. 13 as the record date.
Alkali Metals Ltd. has announced a final dividend of Rs. 1 per share, while The Anup Engineering Ltd. has announced a final dividend of Rs. 12 per share and Apollo Hospitals Enterprise Ltd. has announced a final dividend of Rs. 10 per share. Astral Ltd. has announced a final dividend of Rs. 2.50 per share and Bondada Engineering Ltd. has announced a final dividend of Rs. 0.28 per share. All five companies have fixed Aug.14 as the record date.
Crest Ventures Ltd. has announced a final dividend of Rs. 1 per share, while Electrosteel Castings Ltd. has announced a final dividend of Rs. 0.90 per share and Federal Bank Ltd. has announced a final dividend of Rs. 1.20 per share. Ganesh Consumer Products Ltd. has announced a final dividend of Rs. 2.50 per share and Godawari Power and Ispat Ltd. has announced a final dividend of Rs. 1 per share. All five companies have fixed August 14 as the record date.
Hindustan Aeronautics Ltd. has announced a final dividend of Rs. 10 per share, while Hindustan Petroleum Corporation Ltd. has announced a final dividend of Rs. 19.25 per share and Indian Oil Corporation Ltd. has announced a final dividend of Rs. 1.25 per share. All three companies have fixed August 14 as the record date.
Kotyark Industries Ltd. has announced a final dividend of Rs. 5 per share, while Lloyds Engineering Works Ltd. has announced a final dividend of Rs. 0.25 per share and Mangalam Cement Ltd. has announced a final dividend of Rs. 1.50 per share. Global Health Ltd. has announced a final dividend of Rs. 0.50 per share and Minda Corporation Ltd. has announced a final dividend of Rs. 0.80 per share. All five companies have fixed Aug. 14 as the record date.
RBL Bank Ltd. has announced a final dividend of Rs. 1 per share, while REC Ltd. has announced a final dividend of Rs. 1.55 per share and Responsive Industries Ltd. has announced a final dividend of Rs. 0.10 per share. Rashi Peripherals Ltd. has announced a final dividend of Rs. 2 per share and Sandesh Ltd. has announced a final dividend of Rs. 5 per share. All five companies have fixed August 14 as the record date.
Sanghvi Movers Ltd. has announced a final dividend of Rs. 2 per share, while Sarda Energy & Minerals Ltd. has announced a final dividend of Rs. 2 per share and Suryalata Spinning Mills Ltd. has announced a final dividend of Rs. 2 per share. Tourism Finance Corporation of India Ltd. has announced a final dividend of Rs. 0.60 per share and Xchanging Solutions Ltd. has announced a final dividend of Rs. 2 per share. All five companies have fixed Aug. 14 as the record date.
Dividend
Indus Towers Ltd. has announced a dividend of Rs. 14 per share, with Aug. 10 set as the record date.
Gateway Distriparks Ltd. has announced a dividend with the record date fixed for August 11. Tainwala Chemicals and Plastics (India) Ltd. has also announced a dividend, with Aug. 11 set as the record date.
Gujarat Containers Ltd. has announced a dividend of Rs. 1.50 per share, while Voith Paper Fabrics India Ltd. has announced a dividend of Rs. 10 per share. Both companies have fixed Aug. 12 as the record date.
Century Enka Ltd. has announced a dividend of Rs. 11 per share, while The Ramco Cements Ltd. has announced a dividend of Rs. 2.50 per share. Kalyani Investment Company Ltd. has announced a dividend of Rs. 10 per share and NCC Ltd. has announced a dividend of Rs. 2.20 per share. All four companies have fixed Aug.13 or Aug. 14 as the record date.
Eligibility
For a dividend, investors should note the record date that determines shareholder eligibility.
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Under India's T+1 settlement cycle, shares purchased on the record date itself will not qualify for the dividend payment. Hence, if the record date of a dividend stock is July 16, then shares must be purchased by July 15.
The ex-dividend date, which typically coincides with the record date, marks when the share price adjusts to reflect the upcoming payout.
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