Bharat Forge, Gillette India, NBCC, NATCO Pharma among 24 companies to trade ex-dividend today; check full list

Around 24 companies are expected to trade ex-dividend, which includes Saven Technologies, Amrutanjan Health Care, Bharat Forge, Carborundum Universal, Conart Engineers, Fineotex Chemical, Gillette India, Greenpanel Industries, Gujarat Toolroom, Hindustan Aeronautics (HAL), Honda India Power Products, IOL Chemicals and Pharmaceuticals, Kothari Products, K.P. Energy, KPI Green Energy, KSE Ltd, Maithan Alloys, NATCO Pharma, NBCC, NCL Industries, Precision Wires India, Saraswati Saree Depot, Suprajit Engineering, and United Drilling Tools.

The ex-date marks the day a stock begins trading without dividend entitlement, meaning investors must own the stock before this date to receive the payout. The company, however, determines the list of eligible shareholders based on their records on the record date.

A dividend refers to a payment made by a company to its shareholders, typically as a share of the company’s profits. Companies announce dividends to distribute a portion of their earnings to investors, usually on a regular basis such as quarterly or annually.

Other significant payouts include Bharat Forge (₹2.50 per share), IOL Chemicals & Pharmaceuticals (₹4 per share), NBCC (₹0.53 per share), Precision Wires India (₹0.30 per share), and Maithan Alloys (₹3 per share with record date of February 19, 2025).

Among others, Honda India Power Products had announced a special dividend of ₹10 per share, while Natco Pharma (₹1.50 per share), Amrutanjan Health Care (₹1 per share), and Carborundum Universal (₹1.50 per share with a record date of February 19, 2025) have also announced dividends.

Meanwhile, Gujarat Toolroom (5:1 ratio, five extra shares for every one held) and Kothari Products (1:1 ratio, one extra shares for every one held) to declare their bonus issue today.

A bonus issue increases the number of shares held by existing shareholders without any additional cost.