Investor Alert: Secure High Payouts! Forty-Three Stocks Turn Ex-Record on Friday; Bharti Airtel and Hero MotoCorp Set Up Dividend Frenzy
As investors race towards the end of the trading week, a significant corporate action looms for forty-three companies. These firms are scheduled to turn ex-record dates for dividend payouts this Friday (July 24). This critical deadline means today is the final opportunity for investors seeking eligibility before these shares become non-dividend paying stock.Cumulatively, the dividends across these stocks offer potential payments amounting to nearly Rs 1,127 per share across various companies. Due to Sebi's T+1 settlement cycle, purchasing the stock one trading day prior to the record date is essential for demat credit and claiming the corporate action benefit.
Understanding the Ex-Record Date Deadline
The ex-record date dictates who receives a dividend or enjoys another financial benefit from the company. Investors must acquire the shares before this specific cut-off point to ensure their accounts are credited in time. This deadline serves as a crucial reminder for shareholders across multiple sectors regarding immediate investment timing and planning.Key Dividend Payouts Across Major Companies
Telecom giant Bharti Airtel announced a final dividend of Rs 24 per fully paid-up equity share for FY26, with Friday being the fixed record date. Notably, this payout marks the highest annual dividend ever declared by Bharti Airtel. Data indicates that the company has made 23 dividend payments since July 2009.Two-wheeler manufacturer Hero MotoCorp also set July 24 as the record date following its May declaration of a dividend of Rs 75 per share for eligible shareholders. The two-wheeler maker currently reports a dividend yield surpassing 3.5%, having declared 45 dividends since July 2001.
Info Edge, the parent company of Naukri, has similarly fixed Friday as the record date for its final dividend of Rs 3.6 per share. The payment is scheduled to occur on or after September 2, 2026. Earlier this month, Info Edge reported a 14% year-on-year rise in standalone billings at Rs 737 crore for Q1 FY27 against Rs 644 crore last year.
Who Commands the Biggest Cash Rewards?
Among the firms completing their ex-record status tomorrow, Abbott India stands out as commanding the highest dividend payout. The company will distribute a final dividend of Rs 525 per share alongside a special dividend of Rs 131 per share to its shareholders. Voltamp Transformers is set to pay a substantial final dividend of Rs 100 per share.Other high-payout offerings include Sasken Technologies, which promises Rs 13 per share. Intellect Design Arena is also offering double rewards with a final dividend of Rs 4 per share and a special dividend of Rs 3 per share. Other companies in the cohort include Fiem Industries (Rs 40 per share) and Neuland Laboratories (Rs 34 per share).
Complete List of Dividend-Eligible Stocks
The list of forty-three firms includes a diverse range of sectors ready for payout this week. The other dividend payers include Zydus Lifesciences (Rs 1), Data Patterns (India) (Rs 10 per share), and Divi's Laboratories (Rs 30 per share). Other listed recipients are Bhageria Industries (Rs 2.5 per share), Birla Corporation (Rs 12.5 per share), and Concord Biotech (Rs 7.55 per share).The rest of the eligible stocks span various industries, such as Crompton Greaves Consumer Electricals (Rs 3 per share), Elcid Investments (Rs 25 per share), Kirloskar Brothers (Rs 7 per share), and PDS Ltd (Rs 1.65 per share). This includes companies like Shyam Metalics and Energy (Rs 1.8 per share) and Refex Industries (Rs 1 per share).
Structural Corporate Changes Conclude the Week
Beyond cash dividends, the market will also witness two significant structural adjustments on Friday. Kalind has designated this day as the record date for a dual corporate action: a stock split combined with a 1:2 bonus issue. This move reduces the face value of shares from Rs 10 to Rs 2. PS Raj Steels has likewise fixed this date for its stock split, subdividing equity shares from a face value of Rs 10 to Rs 2.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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