In a significant move for investors, twelve companies are slated to trade ex-dividend on Thursday, marking a crucial deadline for those looking to qualify for upcoming dividend payments. This development comes amidst India's T+1 settlement system, which means that investors must purchase shares by Wednesday to be eligible for the dividends.

Key Companies and Their Dividends

Several major corporations are among those setting their ex-dividend dates:

1. Hindustan Aeronautics Ltd. (HAL)
2. Coal India Ltd.
3. Rail Vikas Nigam Ltd. (RVNL)
4. Jindal Stainless Ltd.
5. Godfrey Phillips India Ltd.

Notable Dividend Announcements

• Honda India Power Products Ltd. has declared an interim dividend of Rs 100.00 per share, standing out as one of the more substantial offerings among the group.
• Styrenix Materia has announced a dividend of Rs 31.00 per share.
• Coal India Ltd. has set its dividend at Rs 5.15 per share.

Additional Companies Trading Ex-Date

Other companies trading ex-date on Thursday include:

• Sukhjit Starch and Chemicals Ltd.
• Senco Gold Ltd.
• Bhanshali Engineering Polymers Ltd.

Investor Considerations

Investors interested in these dividends should be aware of the following key points:

1. The last day to purchase shares and qualify for dividends is Wednesday.
2. Due to India's T+1 settlement system, buying shares on Thursday (the ex-dividend date) will not qualify investors for these dividend payments.
3. The ex-dividend date is typically the day when a stock's price may adjust to reflect the upcoming dividend payout.

As always, investors are advised to conduct their own research and consider their individual financial situations before making investment decisions based on dividend announcements or other corporate actions.

In a significant move for investors, nineteen prominent companies, including industry giants Reliance Industries Ltd (RIL), Hindustan Petroleum Corporation Limited (HPCL), REC Ltd, and Bharat Electronics Ltd (BEL), have announced their ex-dividend dates for Thursday, August 14. This development is expected to impact share prices and dividend payouts for shareholders.

Key Dividend Announcements

1. Reliance Industries Ltd (RIL): The conglomerate has declared a final dividend of ₹9.00 per share.
2. Hindustan Petroleum Corporation Limited (HPCL): The oil major announced a substantial 105% final dividend, amounting to ₹10.50 per share.
3. REC Ltd: The power sector lender has declared a 47.6% final dividend of ₹4.76 per share.
4. Bharat Electronics Ltd (BEL): The defense PSU announced a 90% final dividend, translating to ₹0.90 per share.

Other Notable Companies

Several other companies have also declared dividends, including:

Impact on Share Prices

Investors should note that share prices typically adjust downward by the dividend amount on the ex-dividend date. This adjustment reflects the payout of value to shareholders and is a normal market reaction to dividend distributions.

Investor Considerations

Shareholders of the mentioned companies should be aware of these upcoming ex-dividend dates, as they will determine eligibility for receiving the declared dividends. It's crucial for investors to consider these dates in their trading and investment strategies.

The diverse range of companies going ex-dividend on August 14 spans various sectors, including energy, finance, pharmaceuticals, and defense, offering a broad spectrum of investment opportunities for market participants.