KEI Industries and Tanla Platforms may grab attention today, January 24 as these companies had announced interim dividends for their eligible shareholders, fixing January 27 as the record date.
This means that the shareholders, whose names appear in the companies’ books as of the record date, will be eligible to receive the dividends.
Shareholders who buy the stock at least one day before the ex-date are eligible for dividends as settlement happens the next day. Those buying the stock on the ex-date are not eligible for the dividends.
The board of KEI Industries had fixed an interim dividend of Rs 4 per share, fixing January 27 as the record date for determining the shareholder eligibility.
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