A dividend is a portion of a company’s profit that is paid out to its shareholders. Companies usually give dividends to reward investors for holding their stock. When a stock goes ex-dividend, it means new buyers of the stock won’t be eligible to receive the declared dividend. To get the dividend, investors must buy the stock before the ex-dividend date, which is tomorrow for these 29 companies.
Some major stocks offering attractive dividends this time include Nestle India, which has declared a 1000% dividend payout on face value, followed by Thermax Limited offering 700%, Tech Mahindra paying 600%, and Mahindra & Mahindra with a 506% payout. These high returns have made these stocks stand out, drawing attention from income-focused investors.
Apart from these, several other companies are also on the ex-dividend list, such as Bharat Forge, AXIS Bank, Escorts Kubota, SKF India, Sona BLW Precision Forgings, and Welspun Enterprises. With today being the last day to qualify for dividends from these stocks, many investors are watching the market closely for last-minute buying opportunities.
List of the top 29 stocks that will trade ex-dividend tomorrow.
| Company Name | Dividend | D. Payout |
| Nestle India Ltd | ₹10.00 | 1000% |
| Thermax Ltd | ₹14.00 | 700% |
| Tech Mahindra Ltd | ₹30.00 | 600% |
| Mahindra & Mahindra Ltd | ₹25.30 | 506% |
| Supreme Petrochem Ltd | ₹7.50 | 375% |
| Navin Fluorine International Ltd | ₹7.00 | 350% |
| Redington Ltd | ₹6.80 | 340% |
| Bharat Forge Ltd | ₹6.00 | 300% |
| Cyient Ltd | ₹14.00 | 280% |
| Gloster Ltd | ₹20.00 | 200% |
| Escorts Kubota Ltd | ₹18.00 | 180% |
| SKF India Ltd | ₹14.50 | 145% |
| India Shelter Finance Corporation Ltd | ₹5.00 | 100% |
| Nippon Life India Asset Management Ltd | ₹10.00 | 100% |
| Control Print Ltd | ₹6.00 | 60% |
| AXIS Bank Ltd | ₹1.00 | 50% |
| Onward Technologies Ltd | ₹5.00 | 50% |
| Petronet LNG Ltd | ₹3.00 | 30% |
| Welspun Enterprises Ltd | ₹3.00 | 30% |
| United Nilgiri Tea Estates Company Ltd | ₹2.00 | 20% |
| Sona BLW Precision Forgings Ltd | ₹1.60 | 16% |
| Max Healthcare Institute Ltd | ₹1.50 | 15% |
| DCB Bank Ltd | ₹1.35 | 14% |
| Dhampur Bio Organics Ltd | ₹1.25 | 13% |
| AU Small Finance Bank Ltd | ₹1.00 | 10% |
| Biocon Ltd | ₹0.50 | 10% |
| Jupiter Life Line Hospitals Ltd | ₹1.00 | 10% |
| Shine Fashions (India) Ltd | ₹0.13 | 3% |
| Central Bank of India | ₹0.19 | 2% |
Conclusion: 29 stocks are set to turn ex-dividend tomorrow, and today is the last day to invest if you want to receive the declared dividends. However, don’t invest blindly; always do your own research, check the company’s financial health, and make sure it aligns with your long-term investment goals.
Written By – Nikhil Naik
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