As many as 15 stocks will turn ex-record date for dividends on Friday, June 5. This means that today, June 4, is the last day for investors to buy the shares so that they can become eligible for the payouts.
According to the T+1 settlement of SEBI, investors interested in taking the benefit of the dividend bonanza will be eligible for its need I f they purchase the shares of these 15 companies at least one trading day before the record date. If the shares are bought before the record date, the shares will be credited to their demat accounts by the record date, and they become eligible for the corporate action.
Accordingly, today is the last opportunity for investors to purchare the shares of these companies so that they are credited to their accounts by the record date which is June 5, making them eligible for the dividend.
Record date for dividend eligibility: 15 stocks to turn ex-record date on Friday, June 5
Let’s take a look at all the stocks which will turn ex-record date for their dividends on Friday, June 5.
The Board of Archean Chemical Industries Ltd had announced a dividend of Rs 2.50 for which the company has fixed the record date on Friday, June 5
Bank of Baroda has fixed Friday, June 5 as the record date for its final dividend of Rs 8.5 per share.
BEML Ltd has also fixed Friday, June 5 as the record date for its interim dividend of Rs 2.30 per share.
Cipla will turn ex-record date on Friday, June 5, for its interim dividend of Rs 13 per share.
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)
