Pidilite, Aditya Birla AMC among 18 dividend stocks with record date on Wednesday. Do you own?

Synopsis

Several companies, including Pidilite Industries, Aditya Birla Sun Life AMC, and Novartis India, are set to distribute dividends, with July 23 being the record date. Today is the last day to purchase shares to qualify for these payouts. Investors buying shares from tomorrow will miss out.

Shares of several companies are likely to be in focus today, as July 23 marks the record date for determining shareholder eligibility for receiving declared dividends. This makes today the last trading day to buy shares of these companies to qualify for their respective dividend payouts.

Investors purchasing shares from tomorrow onward will not be eligible for these dividends, as the stock will trade ex-dividend from the next session.

Among the key names, Pidilite Industries has announced a final dividend of 2000% or Rs 20 per share, while Aditya Birla Sun Life AMC has declared a final dividend of 480% or Rs 24 per share.

Novartis India is offering a final dividend of 500% or Rs 25 per share, and Sonata Software has declared a 440% final dividend amounting to Rs 4.4 per share. Nesco is also on the dividend list, having announced a 325% final dividend at Rs 6.5 per share.

Other notable dividend-paying companies include Advanced Enzyme Technologies, which has declared a 60% final dividend of Rs 1.2 per share, and Elcid Investments, which will pay a 250% final dividend of Rs 25 per share.

Greaves Cotton has announced a 100% dividend at Rs 2 per share, while Heritage Foods will distribute a 50% dividend of Rs 2.5 per share. K.P.R. Mill has declared a 250% final dividend at Rs 2.5 per share.

Smaller dividend payouts include Metal Coatings (India), with a 10% dividend at Rs 1 per share, and Precision Camshafts, which also announced a 10% dividend at Rs 1 per share.

Banswara Syntex has announced a 20% final dividend of Rs 1 per share, and Bhatia Communications & Retail (India) declared a minimal 1% dividend at Rs 0.01 per share. D.B. Corp will distribute an interim dividend of 50% or Rs 5 per share.

Lastly, Route Mobile has also declared a dividend of Rs 3 per share.

Investors aiming to benefit from these dividend payouts must ensure they complete their purchase transactions today. The dividends will be credited to eligible shareholders as per the timelines defined by each company post record date.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)

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