3 weeks ago

Dividend Record Dates Ahead for HAL, Jio Financial, Indus Tower

Some big companies are giving their owners a little extra money called a dividend.

To get this money, you must own the company's share before a special day called the record date.

If you buy the share too late, you will not get the payment.

Jio Financial Services will give 60 paise per share and has set August 10 as its special day.

Lodha Developers will give Rs 4.25 per share and its special day is August 7.

Indus Towers will give Rs 14 per share and its day is also around August 10.

Godfrey Phillips India will give Rs 33 per share with August 11 as its special day.

Hindustan Aeronautics, a defence company, will give Rs 15 per share with August 14 as its day.

These payments still need to be approved by the shareholders at each company's meeting.

If approved, the money is paid shortly after the meeting.

So investors must check the dates carefully so they do not miss the payment.

Key facts

Jio Financial Services record date: August 10
Lodha Developers record date: August 7
Indus Towers ex-dividend date: August 10
Godfrey Phillips India ex-dividend date: August 11
HAL record date: August 14
Final dividends declared: Jio Financial Rs 0.60, Lodha Rs 4.25, Indus Towers Rs 14, Godfrey Phillips Rs 33, HAL Rs 15 per share
Companies trading ex-dividend: Nearly 60 companies between August 7 and August 14
Eligibility rule: Buy shares before the ex-dividend date so the name appears in company records on the record date

financialexpress.com · 3 weeks ago