Dividend Alert: 7 Stocks to Trade Ex-Dividend on July 9
By Shishta Dutta | Updated at: Oct 8, 2025 12:20 PM IST
Tuesday, July 8: Seven Indian companies are scheduled to trade ex-dividend on Wednesday, July 9, 2025. This means that investors who wish to be eligible for the upcoming dividend payouts must purchase the shares on or before Tuesday, July 8, 2025. The record date for all these companies is also July 9, 2025, which is the date used to determine which shareholders are entitled to receive the dividend.
What Is an Ex-Dividend Date?
The ex-dividend date is a crucial date for investors. If you buy a stock on or after its ex-dividend date, you will not be entitled to receive the recently declared dividend payment. Conversely, if you purchase the stock before the ex-dividend date, you will qualify for the dividend. Typically, the share price of a stock tends to drop by approximately the dividend amount on its ex-dividend date to reflect that new buyers will not receive the payout.
Key Stocks Going Ex-Dividend
Here is a list of companies that have announced dividend payouts and will trade ex-dividend on July 9, 2025:
| Company | Dividend Type | Dividend Amount | Record Date |
|---|---|---|---|
| Pfizer Ltd | Special Dividend | ₹130 per share | July 9, 2025 |
| Pfizer Ltd | Final Dividend | ₹35 per share | July 9, 2025 |
| Mphasis | Dividend | ₹57 per share | July 9, 2025 |
| Johnson Controls-Hitachi Air Conditioning | Interim Dividend | ₹36 per share | July 9, 2025 |
| SML Isuzu | Final Dividend | ₹18 per share | July 9, 2025 |
| Kabra Extrusiontechnik | Final Dividend | ₹2.50 per share | July 9, 2025 |
| S.J.S. Enterprises | Final Dividend | ₹2.50 per share | July 9, 2025 |
| Elegant Marbles & Grani Industries | Final Dividend | ₹1 per share | July 9, 2025 |
Highlights
- Pfizer Ltd stands out with a substantial combined dividend payout of ₹165 per share (₹130 special dividend plus ₹35 final dividend). This represents a significant return for shareholders.
- Mphasis is also offering a notable dividend of ₹57 per share.
- Several mid- and small-cap companies, including Johnson Controls-Hitachi Air Conditioning, SML Isuzu, Kabra Extrusiontechnik, S.J.S. Enterprises, and Elegant Marbles & Grani Industries, have announced modest final or interim dividends, reflecting their commitment to shareholder returns.
Investor Note
Investors aiming to receive these declared dividends must ensure they own the respective stocks before the ex-dividend date of July 9, 2025. As the record date for all listed companies is also July 9, 2025, shares need to be in the investor’s demat account by this date to qualify for the dividend.
What’s Ahead?
On July 9, these stocks, including Pfizer and Mphasis, may experience modest price adjustments as they go ex-dividend, due to their sizable payouts. Traders should expect a downward adjustment roughly equal to the dividend value. For investors, these dividends signal strong capital return policies—especially from Pfizer and Mphasis—while also presenting a short-term arbitrage opportunity for dividend-seekers. Keep an eye on post-dividend price recovery trends, especially in the mid-cap segment, where volatility could create tactical buying opportunities.
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