Last day to buy InterGlobe Aviation and NBCC shares for dividend eligibility

Shares of InterGlobe Aviation and NBCC (India) will be in the spotlight today, as Tuesday marks the last day for investors to purchase these stocks to be eligible for their upcoming dividend payouts.

The record date for determining shareholder eligibility has been set for Wednesday, August 13.

IndiGo’s parent company, InterGlobe Aviation, has declared a final dividend of 100% at Rs 10 per share, reflecting its strong performance in the past financial year. NBCC (India), a leading public sector construction and project management company, has announced an interim dividend of 21% at Rs 0.21 per share.

Apart from these, several other prominent companies have also announced dividends, with today being the cut-off date to be eligible. The list includes:

• Brigade Enterprises – Final Dividend 25% @ Rs 2.5 per share
  
  
• Container Corporation of India – Interim Dividend 32% @ Rs 1.6 per share
  
• Crestchem – Final Dividend 10% @ Rs 1 per share
  
• Dai-Ichi Karkaria – Final Dividend 35% @ Rs 3.5 per share
  
• Godrej Consumer Products – Interim Dividend 500% @ Rs 5 per share
  
• HEG – Final Dividend 90% @ Rs 1.8 per share
  
  
• Hitachi Energy India – Final Dividend 300% @ Rs 6 per share
  
• MPS – Final Dividend 500% @ Rs 50 per share
  
• Page Industries – Dividend (amount not disclosed)
  
• Pidilite Industries – Special Dividend 1000% @ Rs 10 per share
  
• Precot – Final Dividend 30% @ Rs 3 per share
  
• Qgo Finance – Interim Dividend 1.5% @ Rs 0.15 per share
  
• Railtel Corporation of India – Final Dividend 8.5% @ Rs 0.85 per share
  
• Rain Industries – Interim Dividend 50% @ Rs 1 per share
  
• Sun TV Network – Interim Dividend 100% @ Rs 5 per share
  
  
• The South Indian Bank – Final Dividend 40% @ Rs 0.4 per share
  

With such a long list of companies offering attractive payouts, today’s market action could see increased trading volumes in these counters as investors position themselves ahead of 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)