As many as 68 stocks including HCL Tech, MRF, Dabur, BHEL, Kotak Mahindra Bank, Shree Cement and others are set to turn ex-record date for dividends on Friday (July 17), effectively making today the last day for interested investors to buy the shares to be eligible for payments cumulatively worth more than Rs 1,365.

As per Sebi's T+1 settlement cycle, investors must buy a company's shares at least one trading day before the record date to ensure the shares are credited to their demat accounts in time, and they become eligible for the corporate action. Accordingly, today is the last opportunity for investors to buy the shares so that they are credited to their accounts by Friday, making them eligible for the dividends.

Earlier this month, IT services company HCL Technologies declared an interim dividend of Rs 12 per share and fixed July 17 as the record date. This came as the company released its results for the April-June quarter of FY27, reporting a 20% year-on-year (YoY) growth in its consolidated net profit at Rs 4,624 crore.

HCL Tech has so far declared 99 dividends since September, 2000 and the stock has a dividend yield of 5.14%, according to data on Trendlyne.

Also Read | HCL Tech Q1 Results: Profit rises 20% YoY to Rs 4,624 crore; co declares Rs 12 dividend

MRF, one of India’s most expensive stocks, also has fixed Friday as the record date for its dividend of Rs 229 apiece. This comes after the company paid an interim dividend of Rs 3 each in February and November.

At Wednesday’s closing price of Rs 1,31,675 apiece on NSE, MRF shares have a dividend yield of 0.18%, with the tyre-maker having declared 80 dividends since August, 2000.

FMCG major Dabur India in May this year announced a final dividend of Rs 5.50 per equity share for the financial year 2025-26, with the record date later being fixed on July 17. The company earlier paid an interim dividend of Rs 2.75 per share in November, 2025 and a final dividend of Rs 5.25 per share in July last year.

Kotak Mahindra Bank also has fixed Friday as the record date for its dividend of Rs 0.65 per share, effectively making today the last date for interested investors to buy the shares of the private lender to be eligible for the dividend payout.

Before a stock split that became effective this year in January, Kotak Mahindra Bank paid dividends of Rs 2.5 in July last year, Rs 2 in the year before and Rs 1.5 in August 2023.

Who is paying the biggest dividend?

Among dividend-paying companies, 3M India has announced the highest overall payout, comprising a final dividend of Rs 160 per share and a special dividend of Rs 346 per share. 3M is followed by MRF at Rs 229 per share, while Honeywell Automation India has declared Rs 110 per share and Pfizer Rs 75 per share.

Few other notable names have also fixed Friday as the record date for their respective dividends. These include Apollo Pipes (Rs 0.7 per share), Bajaj Electricals (Rs 3 per share), Balkrishna Industries (Rs 4 per share), Bharat Heavy Electricals (Rs 1.4 per share), Bikaji Foods International (Rs 1.25 per share), Blue Star (Rs 8.5 per share), Central Depository Services (India) (Rs 12.75 per share), Cummins India (Rs 46 per share), JK Lakshmi Cement (Rs 6.5 per share), Jubilant FoodWorks (Rs 1.2 per share), Lupin (Rs 18 per share), Safari Industries (India) (Rs 2 per share), Shree Cement (Rs 70 per share), V-Mart Retail (Rs 1 per share) and Zydus Wellness (Rs 1.2 per share).

Other stocks turning ex-record date for their respective dividends include 20 Microns Ltd (Rs 1.25 per share), Accent Microcell (Rs 1 per share), Atul Ltd (Rs 30 per share), Avadh Sugar & Energy (Rs 10 per share), Bharat Seats (Rs 1.50 per share), Bhatia Communications & Retail (India) (Rs 0.01 per share), Brisk Technovision (Rs 2 per share), Dhampur Bio Organics (Rs 1.50 per share), Dhanuka Agritech (Rs 2 per share), Duncan Engineering (Rs 3 per share), Elgi Equipments (Rs 2.70 per share), Fidel Softech (Rs 2.25 per share), Global Education (Rs 0.50 per share), Gretex Corporate Services (Rs 0.70 per share), Gujarat Hotels (Rs 3 per share), Gujarat Poly Electronics (Rs 0.50 per share), Happiest Minds Technologies (Rs 3.65 per share), and Kirloskar Ferrous Industries (Rs 3 per share).

Additionally, India Hume Pipe Company has fixed the record date for a total payout of Rs 5 per share, comprising a final dividend of Rs 2 and a special dividend of Rs 3. Other payouts turning ex-dividend on Friday include Lakshmi Machine Works (LMW) with a final dividend of Rs 35 per share, Veedol Corporation at Rs 22 per share, and Polychem at Rs 20 per share.

The remaining entities turning ex-record date to finalize their respective corporate action distributions are Magadh Sugar & Energy (Rs 12.50 per share), Mangalam Global Enterprise (Rs 0.01 per share), Narayana Hrudayalaya (Rs 4.50 per share), Newgen Software Technologies (Rs 6 per share), Pelatro (Rs 1 per share), Prudent Corporate Advisory Services (Rs 3.50 per share), Punjab Chemicals & Crop Protection (Rs 3 per share), Rajratan Global Wire (Rs 2 per share), Sealmatic India (Rs 1.10 per share), Shanthi Gears (Rs 2 per share), Sky Industries (Rs 1 per share), Soma Textiles & Industries (Rs 0.50 per share), Sonata Software (Rs 4.15 per share), Sumitomo Chemical India (Rs 1.30 per share), Sundaram Brake Linings (Rs 0.65 per share), Suryoday Small Finance Bank (Rs 1.50 per share), Symphony Ltd (Rs 5 per share), Transport Corporation of India (Rs 1 per share), TTK Healthcare (Rs 10 per share), Uniphos Enterprises (Rs 3.50 per share), UPL Ltd (Rs 6 per share), VA Tech Wabag (Rs 5 per share), Walchand PeopleFirst (Rs 1 per share), Wendt India (Rs 10 per share), and Zensar Technologies (Rs 12.60 per share).

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