This means today will be the last day to buy the shares of these companies in order to be able to qualify for the dividends announced by them.
Dividends are paid to the shareholders who are listed in the company’s records on the record date. For the eligibility of the dividends, shares of the company must be purchased at least one day before the ex-date, as transactions settle the next day.
After the implementation of the T+1 framework, the record date and ex-date are the same in most cases unless there is a market holiday after the ex-date.
Shareholders who buy the stock at least one day before the ex-date are eligible for dividends as settlement happens the next day. Those buying the stock on the ex-date are not eligible for dividends.
Here is a list of all the stocks, according to the StockEdge data, that will start trading ex-dividend from Tuesday:
Dev Information Technology had declared an interim dividend of Rs 0.25 per share
Dolat Algotech had declared an interim dividend of Rs 0.25 per share
Elpro International had declared an interim dividend of Rs 0.7 per share
Ganesha Ecosphere had declared an interim dividend of Rs 1.5 per share
Gillette India had declared a final dividend of Rs 45 per share
GPT Infraprojects had declared an interim dividend of Rs 1 per share
Kaveri Seed Company had declared an interim dividend of Rs 5 per share
Morganite Crucible had declared an interim dividend of Rs 30 per share
Polyplex Corporation had declared an interim dividend of Rs 9 per share
Sun TV Network had declared an interim dividend of Rs 5.5 per share
Also read: Goldman Sachs sets Nifty target at 27,000 in 2025
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)
