3M India, M&M among 25 stocks that will trade ex-dividend this week. Do you own any?

This week, companies like 3M India, M&M, Tata Communications, Apollo Tyres, and others are set to be in focus as they approach their record dates for dividend payments. Dividends are paid to shareholders whose names are in the company’s database on the record date. With the T+1 settlement framework in place, the record date and ex-date are usually the same, unless there are market holidays right after the ex-date.

Shareholders who buy the stock at least one day before the ex-date are eligible for dividends, as settlement occurs on the ex-date itself. Those who purchase the stock on the ex-date are not eligible for dividends.

Here is a list of companies trading ex-dividend this week:

July 1
– GHCL will pay a dividend of Rs 12 per share with the record date on July 1st.
– GHCL Textiles declared a dividend of Rs 0.50 per share with the record date on July 1st.
– Tata Communications announced a dividend of Rs 16.70 per share with the record date on July 1st.
– Geojit Financial Services will pay Rs 1.50 per share as dividend with the record date on July 1st.

July 2
– Epigral announced a dividend of Rs 5 per share with the record date on July 2nd.
– Swastika Investmart will pay a dividend of Rs 2 per share with the record date on July 2nd.

July 3
– Dalmia Bharat Sugar and Industries declared a dividend of Rs 1.25 per share with the record date on July 3rd.
– Jyothy Labs set July 3rd as the ex-date for the payment of Rs 3.50 per share dividend.

July 4
– Tide Water Oil Company declared a dividend of Rs 20 per share with the ex-date on July 4th.
– Tata Power announced a dividend of Rs 2 per share with the record date on July 4th.
– Solar Industries declared a dividend of Rs 8.50 per share with the ex-date on July 4th.
– SKF India’s record date for Rs 130 per share dividend is July 4th.
– Balaji Amines set July 4th as the ex-date for the declared dividend of Rs 11 per share.

July 5
– M&M announced a dividend of Rs 21.10 per share with the ex-date on July 5th.
– 3M India announced a final dividend of Rs 160 per share along with a special dividend of Rs 525 per share with the record date on July 5th.
– Apollo Tyres declared a dividend of Rs 6 per share with the record date on July 5th.
– AstraZeneca Pharma India will pay out a dividend of Rs 24 per share with the record date on July 5th.
– Bharat Forge’s board declared a dividend of Rs 6.5 per share with the record date on July 5th.
– Navin Fluorine will pay a dividend of Rs 7 per share with the record date on July 5th.
– Piramal Enterprises announced a dividend of Rs 10 per share with the record date on July 5th.
– Thermax will pay a dividend of Rs 12 per share with the record date on July 5th.
– Sundaram Finance Holdings declared a dividend of Rs 2.05 per share with the ex-date on July 5th.
– Escorts Kubota’s ex-date for the Rs 28 dividend is on July 5th.
– Welspun Enterprises will pay out a dividend of Rs 3 per share with the ex-date on July 5th.