5 days ago
Five Indian Stocks Turn Ex-Dividend on Friday, August 28
Five companies are checking which shareholders qualify for dividends on Friday, August 28.
A dividend is money a company may pay to people who own its shares.
Multi Commodity Exchange proposed paying Rs 8 per share.
NBCC (India) proposed paying Rs 0.46 per share.
Poly Medicure proposed paying Rs 3.50 per share.
Paras Defence and Space Technologies proposed paying Rs 1 per share.
Whirlpool of India proposed paying Rs 5 per share.
Some of these payments still need approval at the companies’ annual meetings.
The record date helps companies identify the investors eligible for dividends.
Multi Commodity Exchange announced a final dividend of Rs 8 per share, subject to approval.
NBCC (India) proposed a final dividend of Rs 0.46 per share, taking its potential FY26 total to Rs 0.94.
Poly Medicure announced a final dividend of Rs 3.50 per share, subject to shareholder approval.
Paras Defence and Space Technologies proposed a final dividend of Rs 1 per share for FY26.
Whirlpool of India announced a Rs 5 final dividend, subject to approval at its September 9 AGM.
- Who
- Multi Commodity Exchange, NBCC (India), Poly Medicure, Paras Defence and Space Technologies, and Whirlpool of India and their shareholders.
- What
- The five companies are turning ex-dividend and determining shareholder eligibility for proposed final dividend payments.
- Where
- India.
- When
- Friday, August 28; the relevant annual general meetings are scheduled for September 5, September 9, and September 11.
- Why
- The companies are using their record dates to identify shareholders eligible for dividend payouts.
Key facts
- Ex-dividend date
- Friday, August 28
- Multi Commodity Exchange dividend
- Rs 8 per share; payment, if approved, is due on or before October 15.
- NBCC (India) dividend
- Rs 0.46 per share; its potential FY26 total dividend is Rs 0.94 per share.
- Poly Medicure dividend
- Rs 3.50 per share, subject to approval at its September 5 AGM.
- Paras Defence and Space Technologies dividend
- Rs 1 per share for FY26.
- Whirlpool of India dividend
- Rs 5 per share, subject to approval at its September 9 AGM.
- Record date
- The cutoff date used to determine eligibility for dividends and other corporate actions.
Sources
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