Dividend Stocks: The dividend was also announced by several companies with the results of the fourth i.e. March quarter of FY 2023-24. Of these, the record date for the dividend of 18 companies has come close. On Friday, July 4, they will trade on their stock ex-dividend. This means that till this date, investors who will have shares of concerned companies will be eligible to get dividend.
Dividend payment is considered an important means of giving returns to shareholders. This is especially attracted to long -term investors, who also want regular income instead of capital gains. In addition, regular dividends also indicate that the company’s fundamental is strong and management is confident of future income.
These companies are giving the most dividend
In this list, companies like Tech Mahindra, Mahindra & Mahindra and Escorts Kubota include the most dividends. Tech Mahindra has declared a final dividend of ₹ 30 per share, which is the highest in this list. After this, Mahindra & Mahindra is giving a dividend of ₹ 25.30 per share and Escorts Kubota ₹ 18 per share.
Dividend record date of these companies on July 4
On July 4, 2025, a record date for the final dividend of 18 companies is fixed. That is, by this date, investors who shares these companies will be entitled to the declared dividend. Below is a list of companies who announced the final dividend with the March quarter:
Company name | Per share dividend |
Navin Fluorine International | ₹7 |
Thermax Ltd. | ₹14 |
SKF India Ltd. | ₹14.5 |
Bharat Forge Ltd. | ₹6 |
Nestle India Ltd. | ₹10 |
Tech Mahindra Ltd. | ₹30 |
Escorts Kubota Ltd. | ₹18 |
Biocon Ltd. | ₹0.50 |
Mahindra & Mahindra Ltd. | ₹25.30 |
Redington Ltd. | ₹6.8 |
Axis Bank Ltd. | ₹1 |
Sona BLW Precision Forgings Ltd. | ₹1.60 |
Cyient Ltd. | ₹14 |
Nippon Life India Asset Management | ₹10 |
Petronet LNG Ltd. | ₹3 |
Max Healthcare Institute Ltd. | ₹1.50 |
Central Bank Of India | ₹0.1875 |
AU Small Finance Bank Ltd. | ₹1 |
Disclaimer: Here information provided is being given only for information. It is necessary to mention here that the investment market in the market is subject to risks. Always consult experts before investing money as an investor. There is never advice to anyone to invest money on behalf of Moneycontrol.