Tag: StockMarketIndia

Ex-Dividend Stocks Next Week: CIE, Sanofi, Schaeffler & More

Dividend stocks: As many as six stocks will trade ex-dividend next week (April 21-25), per BSE data. The list includes CIE Automotive India Ltd, Elantas Beck India Ltd, Schaeffler India Ltd, Colab Platforms Ltd, Huhtamaki India Ltd, and Sanofi India Ltd.

CIE Automotive India

BSE data show that CIE Automotive India had announced a final dividend of ₹7.

Ex-date: April 23, 2025;

Record date: April 23, 2025

Elantas Beck India Ltd

The company had announced a final dividend of ₹7.5.

Ex-date: April 23, 2025

Record date: April 23, 2025

Schaeffler India

BSE data show that Schaeffler India had announced a final dividend of ₹28.

Ex-date: April 23, 2025

Record date: April 23, 2025

Colab Platforms

BSE data show that the company announced an interim dividend of ₹0.01.

Ex-date: April 24, 2025

Record date: April 24, 2025

Huhtamaki India

BSE data show that the company had announced a final dividend of ₹2.

Ex-date: April 24, 2025

Record date: April 24, 2025

Sanofi India Ltd

The company announced a final dividend of ₹117.

Ex-date: April 25, 2025

Record date: April 25, 2025

Ex-dividend date and record date

If you want to receive a dividend from any particular company, you need to pay attention to two important dates and act accordingly.

The two key dates are the ex-dividend and record dates.

The record date is the cut-off date that is set by the company for any corporate announcement, including dividends, announced earlier.

The record date is the fixed date set by the company to determine the shareholders who will be eligible for the announced corporate action (in this case, dividends). This means that the shareholders who are on the company’s books by the set record date will receive the dividend.

The ex-dividend date for stocks is the deadline before which a person intending to be a part of the dividend contribution by the company must have shares in their name.

A person purchasing a stock before its ex-dividend date and holding the position before the market opens on the ex-dividend date is entitled to the dividend. A person buying a stock on its ex-dividend date or after will not receive the current dividend payment.

Upcoming Dividends from Top Indian Stocks

Dividend stocks: HDFC Bank, ICICI Bank, Muthoot Finance, HCL Technologies, and Mahindra Logistics will be declaring dividends soon. These companies have announced the dates for their financial results and dividend payouts.

Dates for Dividend Consideration

HDFC Bank – HDFC Bank has informed that the meeting of the Board of Directors is scheduled for 19/04/2025 to consider and approve the audited standalone and consolidated financial results of HDFC Bank Limited for the quarter/year ended March 31, 2025, and other important matters such as the recommendation of dividend, if any, for the financial year 2024-25, including the fixation of the record date for the same.

In addition, the board meeting will also consider the annual renewal of the issuance of Long-Term Bonds (Financing of Infrastructure and Affordable Housing), Perpetual Debt Instruments (part of Additional Tier I capital), and Tier II Capital Bonds over the next twelve months through private placement mode.

ICICI Bank – ICICI Bank has informed exchanges that the meeting of the Board of Directors is scheduled for 19/04/2025, inter alia, to consider and approve the audited financial results (standalone and consolidated) for the quarter and year ending March 31, 2025, as well as the recommendation of dividend, if any, for the financial year ending March 31, 2025.

Additionally, the Board will consider, inter alia, fundraising through the issuance of debt securities, including non-convertible debentures in domestic markets via private placement, the issuance of bonds/notes/offshore certificates of deposits in overseas markets, and the buyback of debt securities within the limits that the Board is authorized to approve under applicable law.

Muthoot Finance – Muthoot Finance Ltd’s meeting of the Board of Directors is scheduled for 21 April 2025 to consider and approve the interim dividend.

The meeting will also seek shareholder approval for an increase in the borrowing powers of the Board of Directors.

HCL Technologies Ltd – HCL Technologies’ meeting of the Board of Directors is scheduled for 22/04/2025 to consider and approve the annual audited financial results and dividend.

Mahindra Logistics Ltd – The company’s Board of Directors meeting is scheduled for 21/04/2025 to consider and approve the annual audited standalone and consolidated financial results for the fourth quarter and financial year ended March 31, 2025, as well as the recommendation of final dividend, if any, on equity shares for the financial year ended March 31, 2025.

Additionally, the Mahindra Logistics board will consider matters related to the upcoming Annual General Meeting of the Company.