Companies like Titan, JSW Steel, Mphasis, Dr Reddy's Lab, Apollo Tyres, and IDFC First Bank are set to trade ex-dividend this week, with Sun Pharma trading ex-record on July 7 for a final dividend of Rs 5.5 per share.
Investors aiming for dividend payouts should pay attention to the ex-dividend and record dates to ensure eligibility, in line with the T+1 settlement cycle in India.
For instance, JSW Steel, Solar Industries India, and Titan have an ex-dividend/record date of July 8, offering final dividends ranging from Rs 2.8 to Rs 11 per share.
Shareholders need to own the shares before the specified ex-record date to qualify for dividend payments, which serve as rewards for investors.