This means today is the last day to purchase these shares to qualify for the announced dividends.
Dividends are distributed to shareholders listed in the company’s records on the record date. To be eligible, investors must buy shares at least one day before the ex-date, as trades settle the following day.
Under the T+1 settlement system, the record date and ex-date are typically the same, except when a market holiday follows the ex-date.
As a fundamental component of stock market returns, dividends typically come in the form of quarterly cash payments, though they can also be distributed as additional shares.
This profit-sharing mechanism is particularly common among mature, financially stable companies with consistent earnings, making dividends a key consideration for income-focused investors.
Here’s a list of stocks from StockEdge data that will trade ex-dividend starting Thursday:
Career Point had declared an interim dividend of Rs 1 per share
Dynamatic Technologies had declared an interim dividend of Rs 2 per share
Godfrey Phillips India had declared an interim dividend of Rs 35 per share
HB Portfolio had declared an interim dividend of Rs 1 per share
National Aluminium Company had declared an interim dividend of Rs 4 per share
Nicco Parks & Resorts had declared an interim dividend of Rs 0.2 per share
Surya Roshni had declared an interim dividend of Rs 2.5 per share
Talbros Automotive Components had declared an interim dividend of Rs 0.2 per share
Taparia Tools had declared an interim dividend of Rs 25 per share
Venus Pipes & Tubes had declared an interim dividend of Rs 0.5 per share
VRL Logistics had declared an interim dividend of Rs 5 per share
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