Dividends and stock splits: TCS, Dabur, MRF among nearly 100 stocks turning e date this week. Do you own any?
Nearly 100 companies, including Tata Consultancy Services (TCS), Dabur, MRF, Kotak Mahindra Bank, BHEL, CDSL and others, have fixed their record dates for corporate actions
Nearly 100 companies, including Tata Consultancy Services (TCS), Dabur, MRF, Kotak Mahindra Bank, BHEL, CDSL and others, have fixed their record dates for corporate actions such as stock splits and dividends for the upcoming week between July 13 (Monday) and July 17 (Friday).Investors must hold shares of these companies in their demat accounts on the record date to be eligible for the respective corporate actions. The list remains tentative, as more companies may announce record dates for dividends, bonus issues and stock splits during the week.Here is a day-wise list of corporate actions to watch out for this week.July 13 (Monday)Monday will see five stocks turn e record date for their respective dividends. The most notable among them is Mahindra & Mahindra Financial Services. The company will pay a final dividend of Rs 7.5 per share.The highest dividend payout among the stocks turning e record date on Monday will be given by Ingersoll-Rand (India) at Rs 20 per share. Other companies that have fixed Monday as the record date include Bhansali Engineering Polymers (Rs 1 per share), Super Sales India (Rs 2.5 per share) and Xpro India (Rs 2 per share).July 14 (Tuesday)As many as 13 companies have fixed Tuesday as the record date for their respective dividends. Aditya Birla Real Estate will turn e record date for a final dividend of Rs 2.5 per share, while Motherson Sumi Wiring India and Samvardhana Motherson will pay dividends of Rs 0.58 per share and Rs 0.25 per share, respectively.UTI Asset Management Company accounts for the highest dividend payout among the stocks turning e record date on Tuesday, as the company aims to pay a dividend of Rs 40 per share. Other stocks turning e record date on Tuesday include Aeroflex Industries (Rs 0.4 per share), Bimetal Bearings (Rs 13.5 per share), Hester Biosciences (Rs 11 per share), India Motor Parts & Accessories (Rs 23 per share), Khaitan Chemical & Fertilisers (Rs 0.05 per share), Modison (Rs 3 per share), Pix Transmissions (Rs 9 per share), Supreme Petrochem (Rs 8 per share) and Ultramarine & Pigments (Rs 6 per share).July 15 (Wednesday)Tata Consultancy Services (TCS) last Thursday declared an interim dividend of Rs 12 per share with a face value of Re 1 each, along with its results for the April-June quarter of FY26.
The IT bellwether said its board of directors declared the dividend, which will be paid by July 31 to eligible shareholders. The record date to determine eligibility has been fixed as July 15 (Wednesday).Also read: TCS announces interim dividend of Rs 12 per share. Check record dateOther stocks that will turn e record date for their respective dividends on Wednesday include Automobile Corporation of Goa (Rs 22.5 per share), Bharat Bijlee (Rs 35 per share), Heritage Foods (Rs 2.5 per share), KFin Technologies (Rs 12 per share), Sahasra Electronic Solutions (Rs 1 per share) and Saint-Gobain Sekurit India (Rs 2.5 per share).July 16 (Thursday)Nine companies have fixed Thursday as the record date for their respective dividends. Benares Hotels accounts for the highest dividend payout among them at Rs 25 per share, followed by Ador Welding at Rs 23 per share.Other companies turning e record date on Thursday include Aspinwall and Company (Rs 6.5 per share), B&A Packaging India (Rs 1 per share), Canara Robeco Asset Management Company (Rs 2.5 per share), Coromandel International (Rs 2 per share), Craftsman Automation (Rs 11.25 per share), Weizmann (Rs 0.5 per share) and Windlas Biotech (Rs 6.3 per share).July 17 (Friday)Friday will be the busiest day of the week, with more than 50 companies turning e record date for dividends, along with one stock split and one rights issue.Indian Toners & Developers will turn e record date for a stock split from a face value of Rs 10 to Rs 2 per share, while Minolta Finance has fixed the record date for its rights issue in the ratio of four shares for every one share held at an issue price of Rs 1.2 per share.Among dividend-paying companies, 3M India has announced the highest overall payout, comprising a final dividend of Rs 160 per share and a special dividend of Rs 346 per share.