In a flurry of dividend announcements, thirteen companies have set September 3 as the record date for their final dividends. Investors looking to capitalize on these payouts must ensure they hold shares by the end of today's trading session to be eligible.

Key Dividend Announcements

1. Patanjali Foods: Leading the pack with a substantial 100% final dividend of Rs 2.00 per share.
2. Prestige Estates: Declared an 18% final dividend, amounting to Rs 1.80 per share.
3. Concord Biotech: Offering an impressive 1070% dividend, translating to Rs 10.70 per share.
4. V.S.T. Tillers Tractors: Announced a 200% dividend, equating to Rs 20.00 per share.
5. Asahi India Glass: Also declared a 200% dividend, but at Rs 2.00 per share.

Other Notable Dividend Declarations

Several other companies have also announced significant dividends:

• Carraro India: 45.5% (Rs 4.55 per share)
• International Combustion India: 40% (Rs 4.00 per share)
• Pokarna Ltd: 30% (Rs 0.60 per share)
• GeeCee Ventures: 20% (Rs 2.00 per share)
• Yash Highvoltage: 20% (Rs 1.00 per share)
• Danish Power: 15% (Rs 1.50 per share)
• Prevest Denpro: 10% (Rs 1.00 per share)
• Kovilpatti Lakshmi Roller Flour Mills: 5% (Rs 0.50 per share)

Dividend Summary Table

Investors should note that today marks the last opportunity to purchase shares and still qualify for these dividend payouts. The diverse range of companies and dividend percentages offers various options for income-seeking investors across different sectors.

It's important for shareholders to be aware of these record dates and ensure their holdings are in order to benefit from the announced dividends. As always, investors are advised to consider their overall investment strategy and consult with financial advisors when making decisions based on dividend announcements.

Investors eyeing dividend payouts from 53 companies have a crucial deadline approaching. Thursday marks the last trading session to purchase shares and qualify for upcoming dividend distributions before these stocks go ex-dividend. Several notable companies are among those offering attractive dividend payouts.

Key Dividend Announcements

1. IRCTC (Indian Railway Catering and Tourism Corporation): Offering a final dividend of Rs 1.00 per share.
2. LIC Housing Finance: Announcing a substantial final dividend of Rs 10.00 per share.
3. KFin Technologies: Providing a dividend of Rs 7.50 per share.
4. Lodha Developers: Issuing a dividend of Rs 4.25 per share.

Important Dates and Approvals

• LIC Housing Finance: The proposed dividend requires approval at their Annual General Meeting (AGM) scheduled for August 29.
• IRCTC: The dividend awaits declaration at their AGM set for August 30.

Both companies have committed to paying out the dividends within 30 days of their respective AGM conclusions, subject to shareholder approval.

T+1 Settlement Cycle

Investors should note that under India's T+1 settlement cycle, shares must be purchased before the record date to qualify for dividend eligibility. This underscores the importance of timely action for those looking to benefit from these dividend payouts.

Broader Market Impact

The announcement of dividends by these 53 companies, including major players like IRCTC, Federal Bank, and LIC Housing, is likely to attract investor attention. Such dividend declarations often serve as indicators of a company's financial health and shareholder-friendly policies.

Investor Considerations

While dividends can provide a steady income stream, investors should consider their overall investment strategy and tax implications when making decisions based on dividend announcements. It's also worth noting that stock prices may adjust post-dividend, reflecting the payout.

As the market approaches this significant dividend season, investors are advised to review their portfolios and make informed decisions based on their financial goals and the latest market information.