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Dividend alert! Last day to buy Asian Paints, Coal India and 6 more stocks for dividend payout worth nearly Rs 31. Do you own any?

By · Published by Everything Blog

In short

The eight eligible companies have scheduled their corporate record date for Wednesday, November 4, requiring purchases to occur a day prior under T+1 settlement rules. Coal India leads the distributions with a second interim payout of Rs 10.25 per share, followed by Asian Paints distributing Rs 5.75 per share. Godrej Consumer Products and Privi Speciality Chemicals are both distributing Rs 5 per share, while smaller disbursements come from Symphony, Vaibhav Global, Praruh Technologies, and Silver Touch Technologies. Asian Paints is scheduled to disburse its interim dividend to eligible shareholders by Friday, November 13.

Key points

  • Investors must purchase shares ahead of the November 4 record date to comply with SEBI's…: Investors must purchase shares ahead of the November 4 record date to comply with SEBI's T+1 settlement timeline.
  • Coal India will distribute its interim dividend payment to qualified investors on or befo…: Coal India will distribute its interim dividend payment to qualified investors on or before November 27.
  • Additional payouts include distributions ranging from Rs 0.1 per share up to Rs 2 per sha…: Additional payouts include distributions ranging from Rs 0.1 per share up to Rs 2 per share across four other equities.

Sources checked by our analysis pipeline: 1

Under Sebi’s T+1 settlement cycle, investors need to purchase a company’s shares at least one trading day before the record date to ensure the shares are credited to their demat accounts in time, and they become eligible for the corporate action. Accordingly, today is the last opportunity for investors to buy the shares so that they are credited to their accounts by the record date (November 4), making them eligible for the dividend.

Asian Paints dividend

Earlier last month, Asian Paints declared an interim dividend of Rs 5.75 per share of Re 1 face value for FY27, with November 4 (Wednesday) set as the record date to determine eligible shareholders.The said dividend will be paid by November 13 (Friday) to those shareholders who own the shares as on the record date. The stock has a dividend yield of 1.17%, according to data on Trendlyne.

Also read | Asian Paints Q2 Results: Net profit rises 7% YoY to Rs 1,068 crore; firm announces Rs 5.75/share dividend

Coal India dividend

Coal India accounts for the highest dividend payout among all the stocks…

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