6 PSU stocks record date for dividend tomorrow. Last chance to buy

Shares of PSU companies, BEML, Bharat Dynamics (BDL), Engineers India Ltd (EIL), MOIL Ltd, National Aluminium Company (NALCO) and REC Ltd may remain in focus today, as these companies have fixed February 14 as the record date to determine eligible shareholders for dividend payouts.

This means that today is the last opportunity for investors to purchase these stocks to qualify for the announced dividends.

Dividends are paid to shareholders whose names are recorded in the company’s books on the record date. To be eligible, investors must buy shares at least one day before the ex-dividend date, as trade settlements are processed on the following day.

Here are the details:

BEML

Earlier this month, while announcing its third-quarter results, the board of BEML Ltd approved an interim dividend of Rs 5 per share for the financial year 2024-25, setting February 14 as the record date to determine shareholder eligibility.

• BEML dividend history: In the past 12 months, BEML Ltd. has declared an equity dividend amounting to Rs 20.50 per share. At a share price of Rs 2,885, BEML Ltd's dividend yield is 0.71%.
  

BDL

In early February, the board of directors of BDL, in conjunction with the release of their third-quarter financial results, announced an interim dividend of Rs 4 per share for the 2024-25 financial year and fixed February 14 as the record date for determining the shareholders are eligible to receive the dividend.

• BDL dividend history: In the past 12 months, Bharat Dynamics Ltd. has declared an equity dividend amounting to Rs 9.70 per share. At a share price of Rs 1,122, the company's dividend yield is 0.86%. Adjusting for Bonus/Splits the dividend yield is 0.47%.
  

Engineers India

EIL's board of directors, along with their third-quarter results announcement earlier this week, declared an interim dividend of Rs 2 per share for the 2024-25 fiscal year, with February 14th set as the record date to determine which shareholders qualify for the payout.

Additionally, the said dividend will be paid to the shareholders by March 3.

• EIL dividend history: In the past 12 months, Engineers India Ltd. has declared an equity dividend amounting to Re 1 per share. At a share price of Rs 161.28, Engineers India's dividend yield is 0.62%.
  

MOIL

An interim dividend of Rs 4.02 per share for the 2024-25 financial year was approved by MOIL's board earlier this week, with February 15 set as the record date for shareholder eligibility.

Since February 15 is Saturday, a market holiday, February 14 becomes the ex-date, making today the last day to buy the company’s shares to be eligible for the said dividend.

• MOIL dividend history: In the past 12 months, MOIL Ltd. has declared an equity dividend amounting to Rs 2.55 per share. At a share price of Rs 309.85, MOIL Ltd.'s dividend yield is 0.82%.
  

NALCO

Earlier this week, NALCO's board approved its second interim dividend of Rs 4 per share for the 2024-25 financial year, setting February 14th as the record date.

• NALCO dividend history: In the past 12 months, NALCO has declared an equity dividend amounting to Rs 8 per share. At a share price of Rs 189.90, NALCO's dividend yield is 4.21%.
  

REC Ltd

The board of NALCO approved a second interim dividend of Rs 4 per share for the financial year 2024-25 earlier this week. The record date for determining shareholder eligibility is February 14th.

The dividend will be paid to the shareholders by March 6.

• REC Ltd dividend history: In the past 12 months, REC Ltd has declared an equity dividend amounting to Rs 17 per share. At a share price of Rs 410.10, the company's dividend yield is 4.15%.
  

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