As the earnings season continues to unfold, investors are closely tracking dividend declarations across the Indian equity landscape. On Wednesday, July 30, ten prominent companies are set to trade ex-dividend, marking a crucial date for shareholders seeking payouts. Under the T+1 settlement cycle, investors needed to purchase shares by July 29 to qualify for dividends.
Key Highlights of the Day
- Ten companies will trade ex-dividend today, including JB Chemicals, EIH Ltd, BASF India, Aurionpro
Solutions, and VRL Logistics.
- The ex-date is the cut-off point after which new buyers are not eligible for the declared dividend.
- Dividend payouts range from modest interim payments to substantial final distributions.
Company-Wise Breakdown of Dividend Details
- JB Chemicals & Pharmaceuticals Ltd
- Final dividend of ₹7 per equity share (face value ₹1)
- Payment date: August 13, 2025
- Sector: Pharmaceuticals
- EIH Ltd
- Final dividend of ₹1.50 per equity share (face value ₹2)
- Payment date: On or before August 31, 2025
- Sector: Hospitality
- BASF India Ltd
- Final dividend of ₹20 per equity share (face value ₹10)
- Payment date: On or after August 16, 2025
- Sector: Chemicals
- Aurionpro Solutions Ltd
- Interim dividend of ₹1 per equity share (face value ₹10)
- Payment date: On or before August 21, 2025
- Sector: IT & Tech Solutions
- VRL Logistics Ltd
- Final dividend of ₹10 per equity share
- Sector: Logistics & Transport
- Cravatex Ltd
- Final dividend of ₹12.50 per equity share
- Sector: Retail & Apparel
- Hawkins Cookers Ltd
- Dividend of ₹130 per equity share
- Sector: Consumer Durables
- MM Forgings Ltd
- Final dividend of ₹4 per equity share
- Sector: Auto Components
- NOCIL Ltd
- Final dividend of ₹2 per equity share
- Sector: Specialty Chemicals
- Permanent Magnets Ltd
- Final dividend of ₹2 per equity share
- Sector: Industrial Manufacturing
Investor Implications and Strategy
- Eligibility Criteria:
Investors who held shares by July 29 are eligible for the dividend. Those buying on July 30 or later will not receive the payout.
- Portfolio Planning:
Dividend-paying stocks can offer passive income and signal financial health. However, post-dividend price adjustments may occur, so investors should factor in short-term volatility.
- Tax Considerations:
Dividends are subject to taxation as per individual income slabs. Companies may deduct tax at source depending on the payout amount and investor category.
Market Sentiment and Outlook
- The BSE Sensex and NSE Nifty opened higher on Wednesday, buoyed by strong dividend announcements and stable global cues.
- Analysts expect continued momentum in dividend declarations through August, especially in FMCG, pharma, and infra sectors.
- Retail investors are advised to monitor record dates and AGM outcomes for upcoming dividend opportunities.
Sources: Live updates from Mint, Business Today, Business Standard, ET Now, and Share.Market
