35 Companies, Including SAIL and RBL Bank, Set for Final Dividend Eligibility Day
Monday marks the final trading session for investors to qualify for dividend payouts from 35 companies before they go ex-dividend under India's T+1 settlement cycle. Notable companies offering dividends include SAIL (Rs 1.60 per share), RBL Bank (Rs 1.00), HUDCO (Rs 1.05), and Birla Corporation (Rs 10.00). Investors must complete share purchases before the ex-dividend date to be eligible for the upcoming distributions.

*this image is generated using AI for illustrative purposes only.
Investors eyeing dividend payouts from 35 companies face a crucial deadline as Monday marks the last trading session to qualify for these payments before the stocks go ex-dividend. This development comes under India's T+1 settlement cycle, which requires shares to be purchased before the record date to be eligible for dividend payments.
Key Dividend Announcements
Several prominent companies are among those offering dividends:
| Company | Dividend per Share (Rs) |
|---|---|
| Steel Authority of India Ltd. (SAIL) | 1.60 |
| RBL Bank Ltd. | 1.00 |
| Titagarh Rail Systems Ltd. | 1.00 |
| Housing and Urban Development Corporation (HUDCO) | 1.05 |
| Gujarat State Fertilizers & Chemicals | 5.00 |
| Birla Corporation | 10.00 |
| Apollo Micro Systems | 0.25 |
Importance of Timely Action
Investors should note that purchases made on the record date itself do not qualify for dividend payments. This underscores the importance of completing share purchases before the ex-dividend date to ensure eligibility for the upcoming dividend distributions.
Diverse Dividend Landscape
The range of dividends being offered reflects the diverse financial strategies of these companies. From SAIL's Rs 1.60 per share to Birla Corporation's Rs 10.00 per share, investors have various options to consider based on their investment goals and preferences.
Investor Considerations
As the deadline approaches, investors may want to evaluate these dividend-paying stocks not just for their immediate payouts but also for their long-term potential. Factors such as the company's financial health, growth prospects, and dividend history could play crucial roles in making informed investment decisions.
The upcoming ex-dividend date serves as a reminder of the dynamic nature of stock market investments and the importance of staying informed about corporate actions that can impact returns.































