BEL, RailTel among 16 stocks to trade ex-dividend on Wednesday. Last date to buy today
BEL), RailTel, Samvardhana Motherson International, and 13 other companies are expected to be in focus today as they have set August 14 as the record date for determining shareholders eligible for dividend payments.
This means today is the last day to buy shares of these companies to qualify for the announced dividends.
Dividends are paid to shareholders listed in the company’s records on the record date. To be eligible for dividends, shares must be purchased at least one day before the ex-date, as transactions settle the next day. However, those who buy shares on the ex-date will not qualify for dividends.
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Here is a list of other stocks, as per StockEdge that will start trading on an ex-dividend basis from Wednesday:
Bharat Electronics (BEL) announced a final dividend of Rs 0.8 per share.
Dhunseri Investments announced a final dividend of Rs 2.5 per share.
EPL Ltd will be paying out a dividend of Rs 2.3 per share.
Gujarat Pipavav Port declared a final dividend of Rs 3.7 per share for its eligible shareholders.
HG Infra Engineering declared a dividend of Rs 1.5 per share.
The board of Hitachi Energy India announced a final dividend of Rs 4 per share.
Jindal Drilling & Industries will pay a dividend of Rs 0.5 per share to its eligible shareholders.
Kalyani Steels board announced a dividend of Rs 10 per share.
KCP Ltd announced a dividend of Re 1 per share.
Mahanagar Gas (MGL) declare
