United Spirits, Axis Bank among 18 stocks to trade ex-dividend from Friday

Dividends are paid to shareholders whose names appear in the company's database on the record date. Following the implementation of the T+1 framework, the record date and ex-date are typically the same, except in cases where a market holiday occurs after the ex-date.

Shareholders who buy the stock at least one day before the ex-date are eligible for dividends as settlement happens the next day. Those buying the stock on the ex-date are not eligible for dividends.

Here is a list of stocks that will start trading ex-dividend from tomorrow:

1) will be paying out a dividend of Rs 20 per share, with the record date set for July 12.

2) AU Small Finance Bank's board has declared a dividend of Rs 1 per share for eligible shareholders, with the record date also set for July 12.

3) Axis Bank has declared a final dividend of Rs 1 per share, with the record date set for July 12.
4) 's record date for the payment of Rs 4 per share dividend has been fixed as July 12.

5) The board of had announced a dividend of Rs 25 per share, with the record date set for July 12.

6) D-Link (India) has announced a dividend of Rs 8 per share along with a special dividend of Rs 5 per share. The company has fixed July 12 as the record date for both dividends.
7) board declared a final dividend of Rs 7 per share and the record date for this purpose is July 12.
8) Jubilant FoodWorks' record date for final dividend of Rs 1.2 per share has been fixed as July 12.

9) has announced a dividend of Rs 0.5 per share and July 12 is the record date for the purpose.

10) United Spirits had declared a final dividend of Rs 5 per share, the record date for the purpose being July 12.

11) The board of had announced a dividend of Rs 1.5 per share. The record date for the purpose has been fixed as July 12.

12) will be paying a dividend of Rs 5 per share to its eligible shareholders, with the record date set for July 12.

13) has fixed July 12 as the record date for a dividend of Rs 30 per share.

14) has declared a final dividend of Rs 2.5 per share, with the record date set for July 12.

15) ' board has announced a dividend of Rs 2.65 per share, with the record date set for July 12.

16) Kirloskar Pneumatic has declared a dividend of Rs 4 per share, with the record date also set for July 12.

17) 20 Microns has announced a dividend of Rs 1.25 per share, with the record date set for July 11.

18) Petronet LNG's board has declared a final dividend of Rs 3 per share, with the record date set for July 11.

(Disclaimer: Recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of The Economic Times)