Dividend Clock Strikes: 10 Stocks Go Ex-Date Today—Are You Eligible?

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