Archive · 11 Aug 2026

Godfrey Phillips, Gland Pharma, Castrol Among Stocks Turning Ex-Dividend Today

Godfrey Phillips, Gland Pharma, Castrol Among Stocks Turning Ex-Dividend Today

A dividend is a little gift of money that a company gives to people who own its shares.

When a company decides to pay a dividend, it has to figure out who gets the money.

There is a special list called a record date, and only people on that list get the payment.

The ex-dividend date is the day when a share stops carrying the right to that dividend.

If you buy the share on or after the ex-dividend date, you do not get the dividend.

Several companies have chosen this day as their ex-dividend date.

These include Gland Pharma, Castrol India, Chambal Fertilisers and Kirloskar Industries.

Their dividend payments will be sent out in September.

The companies will pay amounts like Rs 20, Rs 6.25, Rs 6 and Rs 13 per share to their shareholders.

Sources