Dividend alert! Last day to buy Asian Paints, Coal India and 6 more stocks for dividend payout worth nearly Rs 31. Do you own any?

Around eight companies have fixed Wednesday as the record date for their respective dividends, effectively making today the last day for interested investors to buy the shares of the companies to be eligible for the dividend payouts.

Under Sebi’s T+1 settlement cycle, investors need to 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. Accordingly, today is the last opportunity for investors to buy the shares so that they are credited to their accounts by the record date (November 4), making them eligible for the dividend.

Asian Paints dividend

Earlier last month, Asian Paints declared an interim dividend of Rs 5.75 per share of Re 1 face value for FY27, with November 4 (Wednesday) set as the record date to determine eligible shareholders.


The said dividend will be paid by November 13 (Friday) to those shareholders who own the shares as on the record date. The stock has a dividend yield of 1.17%, according to data on Trendlyne.

Also read | Asian Paints Q2 Results: Net profit rises 7% YoY to Rs 1,068 crore; firm announces Rs 5.75/share dividend

Coal India dividend

Coal India accounts for the highest dividend payout among all the stocks turning ex-record date for dividends tomorrow. The company has fixed Wednesday as the record date for its second interim dividend of Rs 10.25 apiece for the financial year 2027.

The said dividend will be paid to the eligible shareholders on or before November 27. The company has declared 36 dividends since 2011, and the stock has a dividend yield of more than 6.5%.

Also read | Diwali stock picks: SBI Securities lists 11 stocks with up to 22% upside potential. Do you own any?

Other dividend stocks

Godrej Consumer Products will pay an interim dividend of Rs 5 per share to its shareholders. The company has declared 84 dividends since October 30 and the stock has a dividend yield of nearly 2.5%.

Privi Speciality Chemicals will also pay an interim dividend of Rs 5 per share, while Symphony will pay an interim dividend of Rs 2 per share. Other stocks with Wednesday as the record date for dividends include Vaibhav Global (Rs 1.5 per share), Praruh Technologies (Rs 1 per share) and Silver Touch Technologies (Rs 0.1 per share).

Disclaimer: This article has been written by Debaroti Adhikary, who is not a SEBI-registered Research Analyst or an Investment Adviser. Debaroti Adhikary and his/her ‘relative(s)’ (as defined under Section 2(77) of the Companies Act, 2013) do not hold any financial interest in the companies mentioned in this article as of the date of publication. The views/recommendations mentioned in this article, wherever applicable, are those of the respective SEBI-registered Research Analyst/brokerage and have been reproduced/reported with due attribution. They should not be construed as the views or recommendations of The Economic Times Digital or the journalist. Readers are advised to consider the original research report and make their investment decisions based on their own assessment. Brokerage disclaimers here.