Coal India, HAL, RVNL among 11 companies going ex-dividend tomorrow; Last day to buy today

Investors looking to pocket dividends from some of India’s marquee companies, including Coal India, Rail Vikas Nigam Ltd (RVNL) and Hindustan Aeronautics Ltd (HAL), must note that today is the last trading day to buy shares in order to be eligible.

The companies have fixed Thursday, August 21, 2025, as the record date for determining shareholder entitlement to the declared payouts.

Also Read: HAL, other defence stocks rally up to 4% after Govt clears Rs 62,000 crore Tejas Mark 1A deal

Key dividend announcements

Among the major names, Coal India Ltd. has announced a final dividend of 51.5% at Rs 5.15 per share, underscoring its continued focus on rewarding shareholders. State-run HAL, one of the strongest performers in the defence sector, has declared a massive final dividend of 300% at Rs 15 per share. Meanwhile, RVNL has also fixed the same record date for its dividend eligibility, drawing investor interest.

The dividend announcements usually reflect strong earnings visibility and cash generation capability of these public sector companies.

Other companies with record date on August 21

Apart from these frontline names, several mid- and small-cap companies will also turn ex-dividend after today’s trading session. Investors must ensure they purchase shares before market close today to qualify. The list includes:

• AMJ Land Holdings Ltd – Final dividend of 10% @ Rs 0.20 per share
• Bhandari Hosiery Exports Ltd – Final dividend of 2% @ Rs 0.02 per share
• BSL Ltd. – Final dividend of 8% @ Rs 0.80 per share
• Honda India Power Products Ltd – Interim dividend of 1000% @ Rs 100 per share
• Jullundur Motor Agency (Delhi) Ltd – Final dividend of 100% @ Rs 2 per share
• Kakatiya Cement Sugar & Industries Ltd – Final dividend of 30% @ Rs 3 per share
• Manorama Industries Ltd – Final dividend of 30% @ Rs 0.60 per share
• Pudumjee Paper Products Ltd – Final dividend of 60% @ Rs 0.60 per share

Why it matters?

Dividends are typically a key driver of investor participation, especially in large public sector undertakings (PSUs) like Coal India and HAL, where payouts often form a significant portion of returns.

With the T+1 settlement cycle in effect, only purchases made today will ensure eligibility for the record date.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)