Investors holding shares in 13 major Indian companies should note that these stocks will turn ex-dividend on Wednesday, September 2, 2026. The list includes public sector giants like NTPC Ltd and GAIL Ltd, alongside other significant players such as Gujarat Pipavav Port Ltd and Tribhovandas Bhimji Zaveri Ltd (TBZ).
The ex-dividend date is crucial as it signifies the cutoff for shareholders to be eligible for the upcoming dividend payment. Only those whose names appear on the company's registrar by the end of this record date will receive the announced dividends.
Key Companies and Dividend Details
Among the companies turning ex-dividend, several have announced their final dividend payouts:
- NTPC Ltd: Announced a final dividend of Rs 3.50 per share. Payment is scheduled for September 26, 2026.
- GAIL Ltd: Declared a final dividend of 50 paise per share. The dividend will be paid on September 26, 2026.
- Gujarat Pipavav Port Ltd: Set a final dividend of Rs 5 per share. Payment is expected by October 9, 2026.
- Tribhovandas Bhimji Zaveri Ltd (TBZ): Announced a final dividend of Rs 2.50 per share. The payment date is October 9, 2026.
- Triveni Turbine Ltd: Shareholders will receive Rs 2 per share.
- Magna Electro Castings Ltd: Announced a final dividend of Rs 5 per share, with payment by October 9, 2026.
- Uni Abex Alloy Products Ltd: Stands out with a total dividend of Rs 100 per share, comprising a Rs 40 dividend and a Rs 60 special dividend.
- Kovilpatti Lakshmi Roller Flour Mills Ltd: Declared a final dividend of Rs 1 per share, payable on October 9, 2026.
- Chemfab Alkalis Ltd: Will issue Rs 1.25 per share.
- Black Rose Industries Ltd: Set to pay Rs 1.25 per share.
- Compucom Software Ltd: Announced Re 0.25 per share.
- Dr Agarwals Eye Hospital Ltd: Declared Rs 4 per share.
- India Glycols Ltd: Also turning ex-dividend, with details on the specific amount to follow.
Understanding Ex-Dividend and Record Dates
The ex-dividend date is the day on or after which a stock trades without its dividend value. If you buy a stock on its ex-dividend date or later, you will not receive the upcoming dividend. Conversely, if you own the stock before the ex-dividend date, you are eligible for the dividend.
The record date, which is also September 2, 2026, for these stocks, is when the company checks its records to determine which shareholders are eligible to receive the dividend. Typically, the ex-dividend date is set one or two business days before the record date to account for trade settlement periods.
Investors are advised to consult with a qualified financial advisor before making any investment decisions, as this information is for informational purposes only and not investment advice.