Eighteen companies have announced dividends, setting Tuesday as their record date for dividend eligibility. Shareholders must purchase shares before the market close today to qualify for these payouts.

Highest Dividend Payouts

Ratnamani Metals & Tubes leads with a substantial 700% dividend at Rs 14.00 per share, highlighting the company's strong financial performance and commitment to shareholder returns.

Gabriel India follows with a 295% dividend at Rs 2.95 per share, while Modison Ltd offers a 200% dividend at Rs 2.00 per share.

Chemical and Fertilizer Sector Dividends

The chemical and fertilizer sector features prominently in this round of dividend announcements:

• Gujarat Narmada Valley Fertilizers: 180% dividend at Rs 18.00 per share
• Deepak Fertilisers: 100% dividend at Rs 10.00 per share

Other Notable Dividends

Several other companies have also announced significant dividends:

Range of Dividend Offerings

The dividend announcements span a wide range:

• Yasho Industries offers the smallest dividend at 5% (Rs 0.50 per share)
• Several companies have declared dividends in the 10-50% range

This diverse array of dividend payouts provides options for income-focused investors across different sectors and risk profiles.

Investor Considerations

Investors interested in these dividend opportunities should note that shares must be purchased before the market close today to be eligible for the payouts. The record date marks when the companies will finalize the list of shareholders eligible to receive the declared dividends.

While these dividend announcements, particularly the high payouts from companies like Ratnamani Metals & Tubes and Gabriel India, may signal confidence in their financial health, investors should consider other financial metrics and market conditions when evaluating these opportunities. It's crucial for investors to align these potential investments with their overall strategy and consult financial advisors before making decisions based solely on dividend announcements.

Nine companies have announced September 1 as their ex-dividend date, offering investors a range of dividend payouts. Shareholders looking to qualify for these dividends must purchase shares before the end of trading on August 31.

Dividend Highlights

Alivus Life Sciences tops the list with the highest payout, offering a final dividend of Rs 5.00 per share. Following closely are Triveni Engineering and Industries and Triveni Turbine, with dividends of Rs 2.50 and Rs 2.00 per share, respectively.

Here's a breakdown of the announced dividends:

Key Dates for Investors

• Last Date to Buy Shares: August 31 (end of trading day)
• Ex-Dividend Date: September 1

Investors interested in receiving these dividends must ensure they purchase the respective company's shares before the market closes on August 31. Those who buy shares on or after the ex-dividend date will not be eligible for this round of dividend payments.

Impact on Stock Prices

Investors should note that stock prices typically adjust downward after the ex-dividend date to reflect the dividend payout. This adjustment accounts for the value of the dividend that will be paid to shareholders of record.

This diverse range of dividend offerings provides options for income-focused investors across various sectors. As always, investors are advised to consider their overall investment strategy and consult with financial advisors before making investment decisions based solely on dividend announcements.