More than 85 companies across large-cap, private, and public sector firms are set to trade ex-dividend from August 10 to August 14, with payouts amounting to Rs 523.25 per share, according to Zee Business.
More than 85 companies are set to trade ex-dividend next week, with corporate action dates running from August 10 to August 14, and the declared payouts across the group adding up to Rs 523.25 a share, according to Zee Business. The list spans large-cap names, private-sector companies and state-run firms, including Indus Towers, Jio Financial Services, Castrol India, KPIT Technologies, Bharat Electronics, Power Grid Corporation, Hindustan Aeronautics, HPCL, Indian Oil Corporation, REC, Apollo Hospitals and Federal Bank.
Monday, August 10, opens the week with nine companies going ex-dividend. Majestic Auto has declared the largest payout for the day at Rs 25 a share, while PTC India and Styrenix Performance Materials have both announced Rs 23. Indus Towers is among the better-known names on the list with a dividend of Rs 14, alongside smaller payouts from AVT Natural Products, Central Mine Planning & Design Institute, Jio Financial Services, RITES and West Coast Paper Mills.
Tuesday, August 11, brings 13 more ex-dividend counters, led by Godfrey Phillips India at Rs 33 a share. Gland Pharma has declared Rs 20 and Kirloskar Industries Rs 13, while Castrol India, Chambal Fertilisers & Chemicals, Ratnamani Metals & Tubes and Symphony are also on the schedule. Wednesday, August 12, is heavier still, with 16 companies including Computer Age Management Services, KPIT Technologies, NHPC, H G Infra Engineering, Gabriel India, Uniparts India and Vaibhav Global. The standout payment for the week comes from Industrial & Prudential Investment Company, which has announced Rs 120 a share, followed by Neelamalai Agro Industries at Rs 20.
The busiest session is Friday, August 14, when 33 companies are due to trade ex-dividend. That group includes Apollo Hospitals Enterprise, Astral, Federal Bank, Hindustan Aeronautics, Hindustan Petroleum Corporation, Indian Oil Corporation, REC, NCC, Sonata Software and RBL Bank. HPCL has declared the largest payout for the day at Rs 19.25 a share, while Apollo Hospitals, HAL and Kalyani Investment Company have each announced Rs 10. Zee Business said there are no stock splits, bonus issues or special dividends scheduled for the week, with all of the corporate actions falling under final or interim dividends. In dividend calendars maintained by platforms such as DividendRanks, Dividend Channel and other tracking services, the ex-dividend date is the key cut-off used to determine which shareholders are entitled to the payout.
Disclaimer: This article is intended to inform and educate, not to recommend or endorse any financial product, investment or strategy. Please consider your own financial circumstances and seek professional advice where appropriate before making financial decisions.
