55 stocks to trade ex-dividend from July 10-14; LTIMindtree, Titan, M&M in list

Typically, dividends are a form of incentive that is distributed by a listed company from their profits in a respective financial year to shareholders.

In the case of the ex-dividend date, it is the day when the price of the equity shares of a company gets adjusted for the dividend payout. A listed company usually proposes a record date to identify the names of eligible shareholders for dividend benefits. All the shareholders whose name appears in the company’s list by the end of the record date will be eligible to receive dividends.

It also needs to be noted that ex-dividend dates are now the same as record dates due to exchanges’ implementation of the ‘T+1’ settlement type.

Some of them will turn to ex-dividend for their final dividend payment for fiscal year FY23, while some will ex-dividend for their interim dividend for FY24.

Here is the list of stocks that will turn ex-dividend in the trading week between July 10th to 14th:

July 10:

Only two stocks will trade ex-dividend on this day.

1. LTIMindtree (for final dividend of ₹40 per share).

2. Onward Technologies (for a final dividend of ₹3 per share).

July 11:

A total of 11 stocks will trade ex-dividend on exchanges on this day. These are:

1. Balkrishna Industries (for final dividend of ₹3 per share).

2. Bharat Seats (for a dividend of ₹1.4 per share).

3. Dr. Reddy’s Laboratories (for a final dividend of ₹40 per share).

4. JSW Steel (for final dividend of ₹3.4 per share).

5. Neuland Laboratories (for final dividend of ₹10 per share).

6. Pecos Hotels and Pubs (for final dividend of ₹3 per share).

7. Persistent Systems (for a special dividend of ₹10 per share and a final dividend of ₹12 per share).

8. PIX Transmissions (for final dividend of ₹6 per share).

9. SAT Industries (for final dividend of ₹0.10 per share).

10. Shree Global Tradefin (for final dividend of ₹0.10 per share).

11. Wires & Fabriks (SA) (for final dividend of ₹0.10 per share).

July 12:

On this day, a total of six stocks will trade ex-dividend. These are:

1. Avadh Sugar & Energy (for a dividend of ₹10 per share).

2. Bliss GVS Pharma (for final dividend of ₹0.50 per share).

3. Jubilant FoodWorks (for a final dividend of ₹1.2 per share).

4. Kirloskar Pneumatic (for final dividend of ₹3 per share).

5. NDR Auto Components (for final dividend of ₹5 per share).

6. Wheels India (for final dividend of ₹3.97 per share).

July 13:

Similarly, six stocks are scheduled to trade ex-dividend on this day.

1. ICICI Prudential Life Insurance Company (for a final dividend of ₹0.60 per share).

2. Magadh Sugar & Energy (for a dividend of ₹7 per share).

3. Oriental Hotels (for a dividend of ₹0.50 per share).

4. Sanmit Infra (for final dividend of ₹0.0350 per share).

5. Titan Company (for a dividend of ₹10 per share).

6. Wendt (India) (for a final dividend of ₹50 per share).

July 14:

A huge number of 30 stocks will turn ex-dividend on July 14 on both exchanges. These include biggies like Lupin, M&M, REC, Bosch, and AU Small Finance Bank among others.

1. Apollo Tyres (for a final dividend of ₹4 per share and a special dividend of ₹0.50 per share).

2. Artemis Medicare Services (for a dividend of ₹0.45 per share).

3. AstraZeneca Pharma India (for a dividend of ₹16 per share).

4. ATUL Ltd (for a final dividend of ₹25 per share).

5. AU Small Finance Bank (for final dividend of ₹1 per share).

6. Bimetal Bearings (for a dividend of ₹12.50 per share).

7. Bosch (for a final dividend of a whopping ₹280 per share).

8. Birlasoft (for final dividend of ₹2 per share).

9. Control Point (for a final dividend of ₹5 per share).

10. Coromondel International (for a final dividend of ₹6 per share).

11. Expleo Solutions (for a dividend of ₹5 per share).

12. Globus Spirits (for a dividend of ₹6 per share).

13. Kabra Extrusiontechnik (for a final dividend of ₹3.5 per share).

14. Kirloskar Ferrous Industries (for a dividend of ₹3 per share).

15. Ksolves India (for a final dividend of ₹8 per share).

16. Lupin (for a final dividend of ₹4 per share).

17. Mahindra & Mahindra (for a final dividend of ₹16.25 per share).

18. Mahindra Logistics (for a final dividend of ₹2.5 per share).

19. Polychem Ltd (for a final dividend of ₹20 per share).

20. PTL Enterprises (for final dividend of ₹4.35 per share).

21. REC Ltd (for final dividend of ₹4.35 per share).

22. Safari Industries (for a final dividend of ₹2 per share).

23. Shanti Gears (for a final dividend of ₹2 per share).

24. Tasty Bite Eatables (for a final dividend of ₹2 per share).

25. Thirumalai Chemicals (for dividend of ₹1.5 per share).

26. Transcorp International (for a dividend of ₹0.20 per share).

27. Transcorp International (for a final dividend of ₹0.20 per share).

28. Ujjivan Small Finance Bank (for final dividend of ₹0.50 per share).

29. Ultramarine & Pigments (for a final dividend of ₹5 per share).

30. Hindustan Zinc announces an interim dividend of ₹7 per share and fixed July 15 as the record date. Hence, the stock will be ex-dividend on July 14.

Updated: 08 Jul 2023, 08:33 PM IST