Aster DM Healthcare and three other companies will be in focus on Friday as February 10, Monday, has been set as the record date to determine shareholder eligibility for dividend payouts.
Investors looking to qualify for these dividends must purchase shares by today to ensure settlement under the T+1 settlement cycle.
The eligibility is determined by shareholder status on the record date, which generally aligns with the ex-dividend date under the T+1 settlement cycle. This system mandates that trades settle one day after the transaction date. Consequently, investors must complete their share purchase at least one trading day prior to the ex-dividend date to ensure settlement and dividend eligibility.
Dividends are a key component of total shareholder returns, often paid in cash—usually on a quarterly basis—though some companies may opt for stock dividends. Firms with consistent profitability and strong financials typically distribute dividends as a way to share earnings with shareholders, making them attractive to investors seeking steady income.
Stock Trading
Maximise Returns by Investing in the Right Companies
By — The Economic Times, Get Certified By India's Top Business News Brand
Stock Trading
Market 104: Options Trading: Kickstart Your F&O Adventure
By — Saketh R, Founder- QuickAlpha, Full Time Options Trader
Stock Trading
Technical Analysis for Everyone — Technical Analysis Course
By — Abhijit Paul, Technical Research