More than 110 companies, including Wipro, UltraTech Cement, Power Finance Corporation (PFC), DLF, Persistent Systems, Godrej Properties and others, have fixed their record dates for corporate actions such as bonus issues and dividends for the upcoming week between July 27 (Monday) and July 31 (Friday).
Investors must hold shares of these companies in their demat accounts on the record date to be eligible for the respective corporate actions. The list remains tentative, as more companies may announce record dates for dividends, bonus issues and stock splits during the week.
Here is a day-wise list of corporate actions to watch out for this week.
July 27 (Monday)
Around 12 companies, including Wipro, DLF and others, have fixed July 27 (Monday) as the record date for their respective dividends. IT major Wipro earlier this month announced an interim dividend of Rs 2 per equity share along with its Q1 results. Real estate major DLF will pay a final dividend of Rs 8 per share to its shareholders, with the record date fixed on Monday.
IT player Persistent Systems accounts for the highest dividend payout in the list of stocks turning ex-record date on Monday. The company will pay a final dividend of Rs 18 per share. Besides Wipro, DLF and Persistent Systems, nine other companies have set Monday as their record date for dividend distributions.
Among these, industrial and automotive battery major Amara Raja Energy & Mobility Ltd announced a final dividend of Rs 5.20 per share. Specialty chemical producer Deepak Nitrite will distribute a final dividend of Rs 7.5 per share, while cable manufacturer Universal Cables has declared a final dividend of Rs 4.5 per share.
Telecommunication and power cable maker Vindhya Telelinks has approved a final dividend of Rs 6 per share, and Birla Cable will pay a final dividend of Rs 1.25 per share. Building material supplier Everest Industries announced a final dividend of Rs 1 per share, while cement and engineering firm KCP will pay a final dividend of Rs 0.50 per share.
Rounding out the group, non-banking financial firm Tata Capital Ltd fixed a final dividend of Rs 0.5699 per share, and rating agency CRISIL has also scheduled its corporate dividend action for Monday.
July 28 (Tuesday)
Hardwyn India has fixed Tuesday as the record date for its bonus issue in the ratio of 2:5. Godrej Properties, meanwhile, will pay a dividend of Rs 10 per share. Solar Industries accounts for the highest payout on the list of stocks turning ex-record date on Tuesday, as the company is set to pay a dividend of Rs 11.
Other companies that have fixed Tuesday as the record date for their respective dividends include Dollar Industries (Rs 3 per share), EIH Associated Hotels (Rs 3.5 per share), GMM Pfaudler (Rs 1 per share), Greaves Cotton (Rs 2 per share), Menon Pistons (Rs 1 per share), Permanent Magnets (Rs 2.2 per share), Resonance Specialties (Rs 1 per share) and SRF (Rs 5 per share).
July 29 (Wednesday)
Industrial major Siemens accounts for the highest payout on the list of stocks turning ex-record date on Wednesday, set to distribute a final dividend of Rs 18 per share. Automotive component maker Rane (Madras) follows, having declared a final dividend of Rs 16 per share.
Pharma player Alembic Pharmaceuticals and IT service provider ASM Technologies will each pay a final dividend of Rs 12 per share to their shareholders. Meanwhile, Godrej Agrovet has announced a final dividend of Rs 11 per share.
Among other companies fixing Wednesday as their record date for dividends, kitchen appliances manufacturer TTK Prestige will distribute a final dividend of Rs 7.5 per share. IFGL Refractories will pay a final dividend of Rs 2.15 per share, while water pump manufacturer Shakti Pumps (India) has fixed a final dividend of Rs 1 per share.
Rounding out the list for Wednesday, sugar producer Ugar Sugar Works has declared a final dividend of Rs 0.1 per share, along with Route Mobile.
Also read | Tata Consumer Q1 Results: Net profit rises 28% YoY to Rs 427 crore, revenue up 12%
July 30 (Thursday)
Cement major UltraTech Cement tops the list for Thursday with the highest payout among companies turning ex-record date, declaring a final dividend of Rs 240 per share. BASF India and Cheviot Company have both set a final dividend of Rs 25 per share each.
BirlaNu has declared a final dividend of Rs 15 per share. Albert David and IG Petrochemicals will each distribute a final dividend of Rs 5 per share. Meanwhile, FMCG major Marico and tyre maker JK Tyre & Industries will each pay a final dividend of Rs 4 per share.
Among other companies fixing Thursday as their record date, Granules India has announced a final dividend of Rs 1.75 per share. Healthcare firm GPT Healthcare, chemical producer Crestchem, and IVP will all issue a final dividend of Rs 1.5 per share. Suryaamba Spinning Mills will pay a final dividend of Rs 1 per share.
Rounding out Thursday's line-up, Yasho Industries has set a final dividend of Rs 0.5 per share, stationery manufacturer Kokuyo Camlin will pay a final dividend of Rs 0.3 per share, and sugar producer Dwarikesh Sugar Industries has fixed its final dividend at Rs 0.1 per share.
July 31 (Friday)
FMCG major Britannia Industries leads the list of corporate actions on Friday with the highest dividend payout, distributing a final dividend of Rs 90.5 per share. Auto maker Eicher Motors follows with a final dividend of Rs 82 per share, while pharma major AstraZeneca Pharma India will pay a final dividend of Rs 36 per share.
Tyre manufacturer Ceat has set a final dividend of Rs 35 per share, while telecom equipment supplier ADC India Communications will pay Rs 25 per share. Chemical producer Galaxy Surfactants has approved a final dividend of Rs 22 per share, and telecom player Bharti Hexacom will pay Rs 18 per share. Additionally, Shilchar Technologies has set a final dividend of Rs 12.5 per share, packaging manufacturer Kaira Can Company will pay Rs 12 per share, and Endurance Technologies will distribute Rs 11.5 per share.
Among other notable companies turning ex-date on Friday, Fine Organic Industries and Privi Speciality Chemicals will distribute a final dividend of Rs 10-11 per share. Steel manufacturer Kalyani Steels has declared a final dividend of Rs 10 per share, while footwear major Bata India will pay Rs 9 per share. PNB Housing Finance has announced a final dividend of Rs 8 per share, Indian Metals & Ferro Alloys will distribute Rs 7.5 per share, and GE Power India will pay Rs 7 per share. International Travel House has declared a final dividend of Rs 5.5 per share.
A series of companies will issue a final dividend of Rs 5 per share, including Centrum Electronics and Strides Pharma Science. Meanwhile, engine manufacturer Kirloskar Oil Engines will pay Rs 4.5 per share, while chemical maker DCM Shriram and state-owned Power Finance Corporation (PFC) will distribute Rs 4 and Rs 3.95 per share, respectively.
Industrial equipment maker KPT Industries has set a final dividend of Rs 3 per share, while Carborundum Universal and Pradeep Metals will both pay Rs 2.5 per share. Life sciences company Indegene has announced Rs 2.25 per share, and The United Nilgiri Tea Estates Company will distribute Rs 2.2 per share. City Union Bank, Redtape, RK Swamy, Five-Star Business Finance, Kaycee Industries, and SIRCA Paints India will all issue a final dividend of Rs 2 per share.
Rounding out the group with dividends between Rs 1 and Rs 1.85 per share, ASK Automotive will pay Rs 1.85 per share, while Amal, Bengal Tea & Fabrics, Campus Activewear, Cello World, Coromandel Agro Products & Oils, EIH, and Keltech Energies will each distribute Rs 1.5 per share. Nexome Capital Markets and Smruthi Organics will also pay Rs 1.5 per share. Igarashi Motors India has set a final dividend of Rs 1.3 per share, Mafatlal Industries will pay Rs 1.25 per share, and Anant Raj alongside Iware Supplychain Services will both pay Rs 1 per share.
Finally, Batliboi and Bajel Projects will each distribute Rs 0.6 per share, while Spice Islands Industries will pay Rs 0.6 per share. Saksoft and Precision Wires India will both pay Rs 0.55 per share, Greenpanel Industries and Mamata Machinery will distribute Rs 0.5 per share, Bombay Dyeing and Manufacturing Company and Singer India will each pay Rs 0.4 per share, and Rama Phosphates completes Friday's list with a final dividend of Rs 0.25 per share.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
