Last chance to find luck and money from 13 stocks
Today marks the final chance for investors to purchase 13 stocks before their record dates, after which they will be eligible for upcoming dividend payouts. Under the T+1 settlement system, investors must acquire shares at least one trading day prior to the record date to ensure the shares are reflected in their demat accounts. Consequently, the deadline of September 2 stands as the last day to buy these stocks and qualify for the dividends.
Among the companies, NTPC stands out with a substantial final dividend of Rs 3.5 per share, claiming 48 dividends since February 2005. Despite recent declines of 5% in a week and 7% in a month, the stock has delivered positive returns of 47% over three years and 179% in five years. GAIL (India) plans to distribute Rs 0.5 per share, while Uni Abex Alloy Products is set to pay Rs 100 per share, comprising both a final dividend and special dividend.
Other companies with record dates include Gujarat Pipavav Port, Magna Electro Castings, Dr Agarwal's Eye Hospital, Tribhovandas Bhimji Zaveri, Triveni Turbine, Black Rose Industries, Chemfab Alkalis, Kovilpatti Lakshmi Roller Flour Mills, Geekay Wires, and Compucom.
Written by urgent.news from The Economic Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
