90+ Indian Stocks Turn Ex-Dividend Today
90+ Indian Stocks Turn Ex-Dividend Today
Anonymous
Key Points
1
Dividends are taxable in investors’ hands at the applicable slab rate, and companies deduct 10% TDS when total dividends paid to a resident shareholder exceed ₹10,000 in a financial year.
2
There are no ex-dates on September 19 or 20 because they are non-trading days; references to those dates in some calendars generally indicate record dates rather than ex-dates.
3
The September 21 group includes a very wide range of payouts: A B Infrabuild declared the lowest dividend at ₹0.006 per share, while the combined dividend amount across the 53 listed stocks was reported at ₹414.046 per share.
4
Public-sector companies are also represented among the September 18 ex-dividend stocks, including Garden Reach Shipbuilders & Engineers with a ₹6.70 dividend and Cochin Shipyard with a ₹1.50 dividend.
More than 90 Indian stocks turn ex-dividend on Friday, September 18, with investors needing to buy shares by Thursday to qualify for payouts under the T+1 settlement system. An additional 53 companies, including Bajaj Holdings and Southern Gas, go ex-dividend on Monday, September 21. The largest single dividend is Maharashtra Scooters at ₹160 per share, followed by Bajaj Holdings at ₹65 and Southern Gas at ₹60 Good Returns.
Biggest Payouts Across Two Days
On September 18, Victoria Mills offers ₹50 per share, Gujarat Alkalies & Chemicals pays ₹17.70, and Sharda Motor Industries distributes ₹20 per share Good Returns. The September 21 group spans a wide range: A B Infrabuild declares the lowest at ₹0.006 per share, while the combined dividend across those 53 stocks totals ₹414.046 per share Good Returns. Public-sector companies also participate, including Garden Reach Shipbuilders with ₹6.70 and Cochin Shipyard with ₹1.50 per share.
Stock Split and Settlement Rules
Kairosoft AI Solutions undergoes a 10:1 stock split on September 18, reducing its face value from ₹10 to ₹1 Good Returns. Investors must distinguish ex-dates from record dates. Shares bought on or after the ex-date do not qualify for dividends, and stock prices typically adjust downward by roughly the payout amount Trading View.
Tax Rules and Non-Trading Days
Dividends are taxable at investors' applicable income-tax rates Mint. Companies must deduct 10% tax-deducted-at-source (TDS) when total dividends paid to a resident shareholder exceed ₹10,000 in a financial year. September 19 and 20 have no ex-dates because they are non-trading days; calendars listing those dates typically show record dates instead Mint.
Sentiment
Mostly NegativeNEGATIVENEUTRALPOSITIVE
Publishers
13
Articles
9
Reach
22
A
AnonymousAuthor
