71 Companies Set Thursday as Final Day for Dividend Eligibility, Including Cochin Shipyard and Garden Reach
Thursday is the final trading day for investors to secure eligibility for dividend payouts from 71 Indian companies before they go ex-dividend. Notable dividend announcements include Cochin Shipyard (Rs 2.25), Garden Reach Shipbuilders (Rs 4.90), Vadilal Industries (Rs 21.00), Vardhman Textiles (Rs 5.00), and Mastek (Rs 16.00). Other companies offering dividends include HeidelbergCement India, Kajaria Ceramics, K.P. Energy, Manba Finance, and Uttam Sugar Mills. Under India's T+1 settlement system, shares must be purchased before the record date to qualify for dividends.

*this image is generated using AI for illustrative purposes only.
Investors eyeing dividend payments from a slew of Indian companies have a crucial deadline approaching. Thursday marks the last trading session for shareholders to secure their eligibility for upcoming dividend payouts from 71 companies before their stocks go ex-dividend.
Notable Dividend Announcements
Several prominent companies have declared substantial dividends:
Company | Dividend per Share |
---|---|
Cochin Shipyard | Rs 2.25 |
Garden Reach Shipbuilders | Rs 4.90 |
Vadilal Industries | Rs 21.00 |
Vardhman Textiles | Rs 5.00 |
Mastek | Rs 16.00 |
Other Companies in Focus
The list of companies offering dividends extends beyond these notable names. Other firms included in this dividend wave are:
- HeidelbergCement India
- Kajaria Ceramics
- K.P. Energy
- Manba Finance
- Uttam Sugar Mills
Importance of Timing
Under India's T+1 settlement system, timing is crucial for investors. To qualify for these dividend payments, shares must be purchased before the record date. It's important to note that purchases made on the record date itself do not make investors eligible for the dividend.
Investor Action Required
Given this timeline, Thursday represents the final opportunity for investors to buy shares and still qualify for the upcoming dividend distributions. This information is particularly relevant for income-focused investors and those looking to benefit from the companies' profit-sharing initiatives.
The diverse range of companies offering dividends spans various sectors, including shipbuilding, textiles, IT services, cement, ceramics, energy, finance, and sugar production. This diversity offers investors multiple options to consider based on their investment strategies and sector preferences.
Investors are advised to review their portfolios and make informed decisions based on their investment goals and the attractive dividend offerings from these 71 companies.