As the record date approaches, market participants should act on buying the shares of Bharti Airtel, Dabur India, HCL Technologies, and Kotak Mahindra Bank in order to be eligible for the upcoming dividend payouts.
Each of these companies has announced dividend declarations with varying amounts per share, fixing July 17 as the record date for determining the shareholder eligibility.
Below, we take a closer look at the dividend announcements for these four companies and the dates when shareholders must be on record to receive their dividends.
Bharti Airtel: Rs 16 Per Share Dividend
Bharti Airtel has announced a dividend of Rs 16 per share. Investors looking to benefit from this payout must ensure they own Bharti Airtel shares prior to the ex-date. The dividend payout reflects a company’s financial strength and commitment to rewarding shareholders.
Dabur India: Rs 5.25 Per Share Dividend
Dabur India has declared a dividend of Rs 5.25 per share. Investors who wish to receive this dividend must hold Dabur shares before the ex-date. This dividend payout is an indication of a company’s ability to generate steady returns and reward its investors, especially in the consumer goods sector. The company’s consistent performance makes this dividend payout an attractive proposition for its shareholders.
HCL Technologies: Rs 12 Per Share Dividend
HCL Technologies has announced a dividend of Rs 12 per share. Investors looking to benefit from this payout must ensure they own HCL Technologies shares prior to the ex-date. Investors can expect this dividend to reflect the company’s solid financial performance and continued growth in the technology sector.
Kotak Mahindra Bank: Rs 2.5 Per Share Dividend
Kotak Mahindra Bank has declared a dividend of Rs 2.5 per share. Investors must hold Kotak Mahindra Bank shares before the ex-date to qualify for the dividend. A dividend payout is a reflection of the bank’s strong fundamentals and commitment to rewarding its investors.
Other stocks set to trade ex-dividend tomorrow are as follows:
Afcons Infrastructure – Rs 2.5 per share
ASK Automotive – Rs 1.5 per share
Bajaj Electricals – Rs 3 per share
Birlasoft – Rs 4 per share
Blue Star – Rs 9 per share
CE Info Systems – Rs 3.5 per share
Cummins India – Rs 33.5 per share
Dhanuka Agritech – Rs 2 per share
Dollar Industries – Rs 3 per share
Elgi Equipments – Rs 2.2 per share
Exide Industries – Rs 2 per share
GIC Housing Finance – Rs 4.5 per share
Goodyear India – Rs 23.9 per share
GRP – Rs 14.5 per share
Happiest Minds Technologies – Rs 3.5 per share
Hitech Corporation – Rs 1 per share
India Motor Parts & Accessories – Rs 20 per share
Indian Hume Pipe – Rs 4 per share special dividend, Rs 1.8 per share final dividend
Intellect Design Arena – Rs 4 per share final dividend, Rs 3 per share special dividend
Laxmi Organic Industries – Rs 0.5 per share
Magadh Sugar & Energy – Rs 12.5 per share
Mahindra Lifespace Developers – Rs 2.8 per share
Mangalam Global Enterprise – Rs 0.01 per share
Mangalam Worldwide – Rs 0.2 per share
Neuland Laboratories – Rs 12 per share
Newgen Software Technologies – Rs 5 per share
Orient Electric – Rs 0.75 per share
Pix Transmissions – Rs 9 per share
PlatinumOne Business Services – Rs 2 per share
Prudent Corporate Advisory Services – Rs 2.5 per share
Punjab Chemicals & Crop Protection – Rs 3 per share
Safari Industries – Rs 1.5 per share
Shanthi Gears – Rs 2 per share
Swelect Energy Systems – Rs 3 per share
Symphony – Rs 8 per share
TTK Healthcare – Rs 10 per share
Walchand Peoplefirst – Rs 1 per share
Welspun Corp – Rs 5 per share
Xpro India – Rs 2 per share
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)