Investors have until the last day, July 3, to buy specific dividend stocks like Axis Bank, Tech Mahindra, Max Health, and more to qualify for receiving the interim dividend before the ex/record date.
Shares must be purchased before the record date to be eligible for dividends under India's T+1 settlement cycle.
Companies like Axis Bank, Bharat Forge, Biocon, Tech Mahindra, and Mahindra & Mahindra are offering various dividends with an ex/record date of July 4.
Dividends serve as a way for companies to reward their shareholders.