Dividend alert! Last day to buy Axis Bank, BSE and 28 other stocks for payouts worth nearly Rs 187 per share. Do you own any?

As many as 30 companies have fixed July 10 (Friday) as the record date for their respective dividends cumulatively worth nearly Rs 187, effectively making today the last day for interested investors to buy the shares of the companies to be eligible for the dividend reward.

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. Therefore, 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.

Axis Bank dividend

Private lender Axis Bank announced in April that its board of directors recommended a dividend of Re 1 per share for the year ended March 31, 2026.


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.

BSE dividend

BSE also has fixed Friday as the record date for a dividend worth Rs 10 per share. The payment will be made on or before September 17 this year. This comes after the stock exchange paid a dividend worth Rs 23 per share last year, and Rs 15 per share in the year before that.

Also read: IT stocks are beginning to offer bank FD-like dividend yields. But is that a trap for investors?

Nestle dividend

Nestle shares meanwhile will turn ex-record date on Friday for a final dividend of Rs 5 per share and a special dividend of Rs 2 per share, taking the total payout to Rs 7.

In the pharmaceutical space, Dr. Reddy's Laboratories has set Friday as the record date for its final dividend of Rs 8 per share, while Artemis Medicare Services will turn ex-record date for a dividend of Rs 0.45 per share. Other major industrial and sectoral heavyweights are also lined up for payouts, including JK Cement (Rs 20 per share), Grindwell Norton (Rs 19 per share), metal giant Hindalco Industries (Rs 5 per share), and Apollo Tyres (Rs 2.5 per share).

Which other stocks will turn ex-record date for dividends?

Tech and financial infrastructure firms turning ex-dividend on Friday include Birlasoft and Computer Age Management Services (CAMS), both distributing a final dividend of Rs 4 per share. Meanwhile, networking equipment provider D-Link (India) will pay a final dividend of Rs 20 per share and an additional special dividend of Rs 7.5 per share.

Other companies turning ex-dividend on Friday are Aegis Logistics (Rs 6.7 per share), Aegis Vopak Terminals (Rs 0.2 per share), Control Print (Rs 6 per share), Dynamic Cables (Rs 0.5 per share), Geojit Financial Services (Rs 1.5 per share), JSW Cement (Rs 0.5 per share), Mahindra Logistics (Rs 2.5 per share), Nilkamal (Rs 20 per share), Nucleus Software Exports (Rs 12.5 per share), Orient Electric (Rs 0.75 per share), PTL Enterprises (Rs 1 per share), Rossari Biotech (Rs 0.5 per share), Smartlink Holdings (Rs 2 per share), Sobha (Rs 6 per share), The New India Assurance Company (Rs 1.5 per share), VST Industries (Rs 12 per share), Welspun Living (Rs 0.1 per share) and ZF Commercial Vehicle Control Systems (Rs 4 per share).

Apart from cash dividends, gems and jewellery exporter Goldiam International will turn ex-record date for its 1:3 bonus issue (1 new share for every 3 shares held). Hindusthan Insulators & Industries also has fixed Friday as the record date for a 2:1 bonus issue. Mangalam Worldwide meanwhile will turn ex-record date for 1:10 stock split.

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