Upcoming Interim Dividends
| Companies | Dividend Record Date | Ex-Dividend Date | Dividend Per Share (INR) |
| BHARAT FORGE LTD | Feb 23, 2024 | Feb 23, 2024 | 2.5 |
| NHPC LTD | Feb 22, 2024 | Feb 22, 2024 | 1.4 |
| SJVN Ltd | Feb 21, 2024 | Feb 21, 2024 | 1.15 |
| Life Insurance Corporation of India | Feb 21, 2024 | Feb 21, 2024 | 4 |
| MRF LTD | Feb 21, 2024 | Feb 21, 2024 | 3 |
| Hero Motorcorp | Feb 21, 2024 | Feb 21, 2024 | 100 |
| STEEL AUTHORITY OF INDIA LTD (SAIL) | Feb 20, 2024 | Feb 20, 2024 | 1 |
| Hindustan Aeronautics Ltd (HAL) | Feb 20, 2024 | Feb 20, 2024 | 22 |
| COAL INDIA LTD | Feb 20, 2024 | Feb 20, 2024 | 5.25 |
| POWER FINANCE CORPORATION LTD (PFC) | Feb 20, 2024 | Feb 20, 2024 | 3.5 |
Please note that if you are holding shares on or before the record date, then only you will be entitled to get the dividend declared by the company.
Also Read: Industry Leader Makes Surprise Move with 51% Stake
Also Read: The Next Big Things? 2 Small Caps That Could Change the Game
Dividend Record date Meaning
- Definition: Dividend Record is the date on which the company identifies who its official shareholders eligible for the purpose of dividend distribution.
- Purpose: It allows the company to finalize a list of eligible shareholders before sending out dividend payments.
- Impact: There’s usually no direct impact on the stock price on the record date.
Ex-dividend date Meaning
- Definition: This is the first trading day on which someone who buys a stock will NOT be entitled to the upcoming dividend.
- Purpose: It allows time for trade settlements to ensure that only shareholders who owned the stock before the ex-date receive the dividend.
- Impact: On the ex-dividend date, the stock price typically drops by approximately the amount of the declared dividend.
Quick Difference between Dividend Record Date and Ex-Dividend Date
| Feature | Ex-Dividend Date | Record Date |
|---|---|---|
| Purpose | Determines who is not eligible for the dividend | Identifies who is eligible for the dividend |
| Impact on stock price | Price typically drops by the dividend amount | Usually no direct impact |
| Relationship | Typically 1-2 business days before the record date | Usually 2 business days after the ex-dividend date |
Disclaimer: The information provided on this website is for general informational purposes only and should not be construed as financial advice, investment recommendations, or guarantees of any kind. This information is not intended as a substitute for professional financial advice. You should always seek the advice of a qualified financial advisor before making any investment or financial decisions.
