As many as 100+ companies have fixed July 13-17 (Monday-Friday) as the record date for their respective dividends cumulatively worth nearly ₹187, effectively making this week the last opportunity for interested investors to buy the shares of the companies to be eligible for the dividend reward. According to reports from The Economic Times, under SEBI's T+1 settlement cycle, investors must purchase 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. Titan Company has set July 9, 2026 as the record date for its ₹15 final dividend, requiring investors to purchase shares by July 8, 2026 to qualify for the payout.
Axis Bank has consistently paid dividends worth Re 1 in each of the years since 2019. The private lender has declared 23 dividends since June, 2001, according to data on Trentlyne. As reported by The Economic Times, Axis Bank's consistent dividend history makes it one of the most reliable dividend-paying stocks among the companies turning ex-dividend today.
Monday will see five stocks turn ex-record date for their respective dividends, with the most notable being Mahindra & Mahindra Financial Services paying a final dividend of ₹7.5 per share. The highest dividend payout among Monday's stocks will be given by Ingersoll-Rand (India) at ₹20 per share. Other companies that have fixed Monday as the record date include Bhansali Engineering Polymers (₹1 per share), Super Sales India (₹2.5 per share), and Xpro India (₹2 per share).
As many as 13 companies have fixed Tuesday as the record date for their respective dividends. Aditya Birla Real Estate will turn ex-record date for a final dividend of ₹2.5 per share, while Motherson Sumi Wiring India and Samvardhana Motherson will pay dividends of ₹0.58 per share and ₹0.25 per share, respectively. UTI Asset Management Company accounts for the highest dividend payout among Tuesday's stocks, aiming to pay a dividend of ₹40 per share. Other Tuesday actions include Bimetal Bearings (₹13.5 per share), Hester Biosciences (₹11 per share), India Motor Parts & Accessories (₹23 per share), and Pix Transmissions (₹9 per share).
Tata Consultancy Services (TCS) last Thursday declared an interim dividend of ₹12 per share with a face value of Re 1 each, along with its results for the April-June quarter of FY26. The IT bellwether said its board of directors declared the dividend, which will be paid by July 31 to eligible shareholders. The record date to determine eligibility has been fixed as July 15 (Wednesday). This represents a significant opportunity for dividend-focused investors to participate in corporate actions across multiple sectors including banking, logistics, and IT companies.
Four major companies will trade ex-dividend on July 17 with substantial dividend payouts. Honeywell Automation India has announced a final dividend of ₹110 per share, while MRF has declared a final dividend of ₹229 per share. Pfizer will trade ex-dividend for a final dividend of ₹75 per share, and Cummins India for a final dividend of ₹46 per share. Other notable companies include Lupin paying a final dividend of ₹18 per share, Zensar Technologies for ₹12.60 per share, Blue Star for ₹8.50 per share, and JK Lakshmi Cement for ₹6.50 per share. Dabur India has announced a final dividend of ₹5.50 per share, while Bajaj Electricals will trade ex-dividend for a final dividend of ₹3 per share. Bharat Heavy Electricals has declared a final dividend of ₹1.40 per share, Zydus Wellness a final dividend of ₹1.20 per share, V-Mart Retail a final dividend of ₹1 per share, and Kotak Mahindra Bank a final dividend of ₹0.65 per share. Additionally, Indian Toners & Developers will see a stock split, and Minolta Finance will conduct a rights issue with July 17 as the record date.
