Shares of Bharti Airtel Ltd., Dabur India Ltd., HCLTech Ltd., Kotak Mahindra Bank Ltd. and 37 other companies will be of interest on Thursday as it marks the last session for investors to buy shares to qualify for receiving the dividend before the stock goes ex/record-date.
For a dividend, investors should note the record date that determines shareholder eligibility.
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 18, then shares must be purchased by July 17.
The ex-dividend date, which typically coincides with the record date, marks when the share price adjusts to reflect the upcoming payout.
Full List Of Dividend Stocks In Focus
On July 18, several companies have their ex/record date for various dividends.
Bharti Airtel‘s board has recommended a final dividend of Rs 16 per equity share for the financial year 2025.
HCLTech announced on Monday a dividend of Rs 12 per equity share for the first quarter of fiscal 2025–26. The company announced a distribution of nearly Rs 3,256 crore to shareholders in the first quarter of this fiscal.
Dabur India will pay a final dividend of Rs 5.25, while Kotak Mahindra Bank will issue a final dividend of Rs 4 for fiscal 2025.
Investors who wish to be eligible for these dividends must own the shares before the specified record date.
Dividends are a way for companies to reward their shareholders. Such payouts can be annual through a final dividend or a special and interim dividend.
. Read more on Markets by NDTV Profit.Other notable dividend stocks in focus are Birlasoft, Cummins India, Happiest Minds Tech, Jubilant FoodWorks, C.E. Info Systems and Welspun Corp. Read MoreMarkets, Business, Notifications
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