dlf stocks: DLF is among 16 stocks trading ex-dividend on Wednesday; last purchase date today

DLF, Bata India and Sundaram Finance are among the 16 companies likely to remain in the spotlight today as they have declared July 31 as a record date to determine which shareholders will be eligible for the dividend distribution. This means that today is the last day to buy shares of these companies to be eligible for the announced dividends.

Dividends are paid to shareholders listed in the company’s database on the record date. With the introduction of the T+1 framework, the record date and the ex-date generally coincide, except when a market holiday falls after the ex-date.

Shareholders who purchase the shares at least one day before the ex-date are eligible for dividends as the settlement takes place the following day. However, those who purchase the shares on the ex-date are not eligible for dividends.

Also read: AIA Engineering Considers Share Buyback, Shares Up 7%

Below is a list of other stocks, according to StockEdge, that are trading ex-dividend as of Wednesday:

Aarti Pharmalabs (dividend of Rs 1), ABM Knowledgeware (dividend of Rs 1.25), Bata India (dividend of Rs 12), Centum Electronics (dividend of Rs 3), CRISIL (dividend of Rs 8), DLF (dividend of Rs 5), EIH Ltd (dividend of Rs 1.2 per share), HEG Ltd (dividend of Rs 22.5), Igarashi Motors India (dividend of Re 1), Kamdhenu (dividend of Rs 2), Saksoft (dividend of Rs 0.4), Simplex Realty (dividend of Re 1), SRF (dividend of Rs 3.6), Steelcast (dividend of Rs 3.15), Sundaram Finance (dividend of Rs 16) and Sunshield Chemicals (dividend of Rs 1.2).

(Disclaimer: Recommendations, suggestions, views and opinions of the experts are their own. These do not represent the views of Economic Times)

(You can now subscribe to our ETMarkets WhatsApp channel)