Britannia Industries among 11 stocks to trade ex-dividend on Monday; last date to buy today

economictimes.indiatimes.com:

Today will be the last opportunity for investors to purchase the shares of these companies in order to be able to qualify for the announced dividends. For the eligibility of the dividends, shareholders are required to buy the shares of the company at least one day before the ex-date, which ensures the settlement of the transaction on the following day.

Dividends are distributed to those shareholders who are listed in the company's records as of the record date.
With the implementation of the T+1 framework, the record date and ex-date generally coincide, unless there is a market holiday immediately following the ex-date and the share purchases made on the ex-date do not qualify for the dividend payout.
Also read: Tata Motors to conclude demerger within 15 months

Here is a list of the stocks, as per the StockEdge data, that will start trading on an ex-dividend basis from Monday:

Alembic (dividend of Rs 2.4), Andhra Paper (dividend of Rs 10), Berger Paints (dividend of Rs 3.5), Britannia Industries (dividend of Rs 73.5), Chambal Fertilizers (dividend of Rs 3), Gandhi Special Tubes (dividend of Rs 13), Greenply Industries (dividend of Rs 4), Linde India (final dividend of Rs 4 and a special dividend of Rs 8), Menon Pistons (dividend of Re 1), Rishiroop (dividend of Rs 1.8) and Somany Ceramics (dividend of Rs 3).

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