35 Companies, Including SAIL and RBL Bank, Set for Final Dividend Eligibility Day

1 min read     Updated on 08 Sept 2025, 09:57 AM
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Reviewed by
Jubin VergheseScanX News Team
Overview

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.

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*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.

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13 Companies Announce Final Dividends with September 3 Record Date

2 min read     Updated on 02 Sept 2025, 08:22 AM
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Reviewed by
Naman SharmaScanX News Team
Overview

Thirteen companies have set September 3 as the record date for their final dividends. Notable announcements include Patanjali Foods with a 100% dividend (Rs 2.00 per share), Concord Biotech with a 1070% dividend (Rs 10.70 per share), and V.S.T. Tillers Tractors with a 200% dividend (Rs 20.00 per share). Other companies offering dividends range from 5% to 200%. Investors must hold shares by the end of today's trading session to be eligible for these payouts.

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*this image is generated using AI for illustrative purposes only.

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

Company Name Dividend Percentage Dividend Per Share (Rs)
Patanjali Foods 100% 2.00
Prestige Estates 18% 1.80
Concord Biotech 1070% 10.70
V.S.T. Tillers Tractors 200% 20.00
Asahi India Glass 200% 2.00
Carraro India 45.5% 4.55
International Combustion India 40% 4.00
Pokarna Ltd 30% 0.60
GeeCee Ventures 20% 2.00
Yash Highvoltage 20% 1.00
Danish Power 15% 1.50
Prevest Denpro 10% 1.00
Kovilpatti Lakshmi Roller Flour Mills 5% 0.50

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.

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