BEML, Bharat Dynamics (BDL), Engineers India Ltd (EIL), MOIL Ltd, National Aluminium Company (NALCO) and REC Ltd may remain in focus today, as these companies have fixed February 14 as the record date to determine eligible shareholders for dividend payouts.
This means that today is the last opportunity for investors to purchase these stocks to qualify for the announced dividends.
Dividends are paid to shareholders whose names are recorded in the company’s books on the record date. To be eligible, investors must buy shares at least one day before the ex-dividend date, as trade settlements are processed on the following day.
Earlier this month, while announcing its third-quarter results, the board of BEML Ltd approved an interim dividend of Rs 5 per share for the financial year 2024-25, setting February 14 as the record date to determine shareholder eligibility.
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