Jio Financial, Power Grid Lead Massive Dividend Week as Nearly 90 Stocks Turn Ex-Record Date

Jio Financial, Power Grid Lead Massive Dividend Week as Nearly 90 Stocks Turn Ex-Record Date​

Nearly ninety companies are set to turn ex-record dates for various corporate actions this week, signalling a significant period of dividend payouts for investors. The concentrated flurry of these events spans from Monday, August 10, to Friday, August 14. Investors keen on securing the proceeds must ensure their holdings in these companies are present in their demat accounts by the designated record date.

The sheer volume of payouts highlights a robust corporate action period across various sectors. This week’s list remains tentative, however, as more companies may announce dividend declarations, bonus issues, or stock splits later this week.

Key Payouts and Major Stock Actions​

Several blue-chip stocks are set to turn ex-record date for substantial dividends. Jio Financial Services is scheduled to pay its final dividend of Rs 0.60 per share for the financial year ended March 31, 2026, on Monday. Hindustan Petroleum Corporation (HPCL) has fixed August 14 as the record date for its final dividend of Rs 19.25 per share.

Power Grid Corporation of India is slated to turn ex-record date for a dividend of Rs 1.25 per share on Thursday. Hindustan Aeronautics (HAL) will also see its dividend payout turn ex-record date on Friday, with shareholders receiving Rs 10 per share. These major payouts underscore the financial health and commitment to shareholder returns across infrastructure and heavy industry sectors.

Daily Dividend Alert: What Investors Must Know​

The corporate action schedule is segmented across five days, each featuring numerous companies making dividend payouts. Monday brings out significant dividends from Majestic Auto, which aims to pay Rs 25 per share, and Indus Towers, offering a final dividend of Rs 14 per share.

Tuesday’s list includes Godfrey Phillips India, slated to give a final dividend of Rs 33 per share. Other noteworthy actions on Tuesday include Castrol India turning ex-record date for an interim dividend of Rs 6.25 per share, and Chambal Fertilisers and Chemicals paying a final dividend of Rs 6 per share.

Wednesday focuses on technology and industry leaders. Industrial & Prudential Investment Company has fixed August 12 as the record date for its final dividend of Rs 120 per share. Additionally, KPIT Technologies is due to pay a dividend of Rs 5.25 per share on Wednesday.

Dividend Actions Across the Week​

Thursday’s dividend actions are led by power and consumer goods sectors. Century Enka will set the record date for its final dividend of Rs 11 per share. Godrej Consumer Products and Usha Martin, meanwhile, are scheduled to pay dividends of Rs 5 and Rs 3.75, respectively, on Thursday.

Friday is a busy day with nearly three dozen companies setting their records. The list includes Astral, Ganesh Consumer Products, NCC, and Kalyan Investment Company all offering dividend payouts ranging from Rs 1 to Rs 2.50 per share. Companies like REC (Rs 1.55 per share) and Indian Oil Corporation (Rs 1.25 per share) are also included in the Friday payout pool.

Investors must carefully track their portfolios against these daily schedules. Ensuring timely demat holding is paramount to successfully claim these announced corporate actions.