Amara Raja among 17 stocks trading ex-dividend on Thursday. Last day to buy before record date

Dividends are disbursed to shareholders recorded in the company's database on the record date. Under the T+1 settlement system, the record date aligns with the ex-date unless there is a market holiday immediately after the ex-date.

Companies such as , Can Fin Homes, and Praj Industries, among others, have declared dividends for eligible shareholders, setting the as July 18.

Since July 17 is a market holiday, today is the last day to purchase shares of these companies to qualify for the dividends.

Dividends are paid to shareholders listed in the company's database on the record date. With the T+1 settlement framework, the record date and ex-date typically coincide, except in cases where there is a market holiday following the ex-date.

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

Here are the list of that will start trading from Thursday:

Advanced Enzyme Technologies will be paying a of Rs 1.1 per share and the record date for the purpose is July 18.

Amara Raja Energy & Mobility board declared a dividend of Rs 5.1 per share, the record date for the purpose being July 18.

Arvind Smartspaces board had declared a final dividend of Rs 2.5 per share along with a special dividend of Re 1 per share and the record date for the purpose has been fixed as July 18.

ASM Technologies will be paying a dividend of Re 1 per share to its eligible shareholders. The record date for the purpose is July 18.

Bliss GVS Pharma has announced a dividend of Rs 0.5 per share, with the record date set for July 18.

Can Fin Homes has declared a dividend of Rs 4 per share, with the record date set for July 18.

The board of Golkunda Diamonds & Jewellery has declared a dividend of Rs 1.5 per share, with the record date set for July 18.

GPT Healthcare has declared a dividend of Rs 1.5 per share for eligible shareholders, with the record date set for July 18.

Kanoria Energy & Infrastructure will pay a final dividend of Rs 0.05 per share, with the record date set for July 18.

The record date for Nelcast's dividend of Rs 0.4 per share has been set for July 18.

Newgen Software Technologies has announced a dividend of Rs 4 per share, with the record date set for July 18.

The board of Panasonic Energy India had announced a dividend of Rs 8.85 per share. The record date has been fixed as July 18.

Praj Industries will be paying a final dividend of Rs 6 per share to its eligible shareholders. The board has finalized July 18 as the record date for the purpose.

Precision Camshafts board had declared a dividend of Re 1 per share and the record date for this purpose has been fixed as July 18.

The board of directors of Tanla Platforms had announced a dividend of Rs 6 per share for its eligible shareholders. The record date for the purpose is July 18.

Thangamayil Jewellery announced a dividend of Rs 6 per share and the record date for this purpose is July 18.

Ultramarine & Pigments had declared a dividend of Rs 5 per share, the record date for the purpose being July 18.

UTI Asset Management Company will be paying a total dividend of Rs 47 per share constituting a final dividend of Rs 24 per share with a special dividend of Rs 23 per share. The record date for determining the shareholder eligibility is July 18.

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

Source: Stocks-Markets-Economic Times

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