In the coming week, four companies — REC Ltd., Power Finance Corporation Ltd., Castrol India Ltd., and India Glycols Ltd. — have lined up record dates for dividend payments.
To be eligible for dividends, investors need to keep track of the record date, which determines shareholder eligibility.
Under India's T+1 settlement cycle, shares purchased on the record date itself will not qualify for dividend benefits. The ex-dividend date, which falls before the record date, is when the stock price adjusts to reflect the payout.
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For instance, if a stock's record date is March 23, investors must buy shares by March 22 to be eligible for the dividend.
Among this week's announcements, India Glycols Ltd. has declared the highest interim dividend of Rs 7.50 per equity share (face value Rs 5), with March 23, 2026, set as the record date.
Castrol India Ltd. has announced a dividend of Rs 5.25 per share (face value Rs 5), with a record date of March 23.
Power Finance Corporation Ltd. has declared an interim dividend of Rs 3.25 per share (face value Rs 10), with March 23 fixed as the record date.
REC Ltd. has announced an interim dividend of Rs 3.20 per share (face value Rs 10), with March 20, 2026, as the record date.
Dividend Stocks This Week
Dividend Stocks This Week
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