![CDSL, and Nestle among 16 stocks trading ex-dividend from Tuesday. Last chance to buy!](https://img.etimg.com/thumb/msid-111743021,width-210,height-158,imgsize-77238,resizemode-75/cdsl-and-nestle-among-16-stocks-trading-ex-dividend-from-tuesday-last-chance-to-buy.jpg)
Companies like CDSL, IDBI Bank, IDFC, and Nestle India, among others, have declared dividends for eligible shareholders, with the record date set as July 16. Today is the last day to buy shares of these companies to qualify for the announced dividends.
Dividends are paid to shareholders whose names appear in the company's database on the record date. Post the implementation of the T+1 framework, the record date and ex-date are the same in most cases unless there is a market holiday after the ex-date.
Shareholders who buy the stock at least one day before the ex-date are eligible for dividends, as settlement occurs the next day. Those purchasing the stock on the ex-date are not eligible for dividends.
Here is the list of stocks that will start trading ex-dividend from tomorrow:
The Central Depository Services (CDSL) board announced a final dividend of Rs 19 per share and a special dividend of Rs 3 per share for eligible shareholders. The record date for this is July 16.
Dr. Reddy's Laboratories will be paying out a dividend of Rs 40 per share and the record date for the purpose is July 16.
The record date for IDBI Bank's Rs 1.5 per share dividend has been set for July 16.
IDFC board announced a dividend of Re 1 per share and the record date for the purpose is July 16.
Lupin's board fixed July 16 as the record date for dividend payment of Rs 8 per share.
Elegant Marbles & Grani Industries announced a final dividend of Rs 2.75 per share, the record date for the purpose is July 16.
Mahindra & Mahindra Financial Services will be paying a final dividend of Rs 6.3 per share and the record date for the purpose is July 16.
Nestle India will pay a total dividend of Rs 10.80 to eligible shareholders, consisting of a final dividend of Rs 8.5 per share and an interim dividend of Rs 2.75 per share. The record date for this is July 16.
Pix Transmissions declared a dividend of Rs 7 per share and the record date for this purpose is July 16.
Punjab & Sind Bank board announced a dividend of Rs 0.2 per share, the record date for the purpose being July 16.
Rane Engine Valve will pay a dividend of Rs 5 per share and the record date for the purpose is July 16.
Sakuma Exports' record date to determine the shareholder eligibility for a dividend of Rs 0.05 per share has been fixed as July 16.
Sundaram Brake Linings had announced a final dividend of Rs 2 per share and the record date for this purpose was fixed as July 16.
Thirumalai Chemicals will be paying a final dividend of Re 1 per share. The record date for the purpose is July 16.
TTK Healthcare declared a dividend of Rs 10 per share and the record date for the purpose is July 16.
Wires & Fabrics board announced a dividend of Rs 0.1 per share and the record date for the purpose is July 16.
(Disclaimer: Recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of The Economic Times)
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