Last day to buy NALCO, ONGC and 27 other stocks for dividend eligibility

Investors seeking to capture impending interim and special dividends in a clutch of 29 listed companies, including National Aluminium Company (NALCO) and Oil and Natural Gas Corporation (ONGC), have the last chance today. These shares have to be purchased and settled before the close of trade on November 13 to qualify for the dividend since the ex-date for all of them is November 14 under the T plus 1 settlement cycle.

Why today matters for dividend eligibility

Ex-date, for dividend purposes, is the first trading day on which a stock trades without the entitlement. With the ex-date being November 14 for these companies, only those investors who appear as shareholders in the demat accounts by the end of today’s session will be eligible for the announced payouts.

A broad mix of companies, ranging from information technology and energy to pharmaceuticals, consumer, engineering, and manufacturing, has lined up interim and special dividends, with some of the payouts at noticeably high percentages compared with their face value.

Key high payout dividend stocks

Among the most prominent names in this ex-dividend list are:

• National Aluminium Company (NALCO) interim dividend of Rs 4 per share, 80 per cent.
• ONGC declares interim dividend at the rate of Rs 6 per share.
• Bayer CropScience interim dividend of Rs 90 per share, 900 per cent.
• Premco Global special dividend of Rs 36 per share, 360 per cent.

The following four stocks are notable for their comparatively large rupee payouts per share. Bayer CropScience and Premco Global have declared extremely high percentage dividends on their face values.

Complete list of stocks going ex dividend on November 14

For investors looking to lock in any of the following dividends, purchase and settlement of these shares must occur by the end of trade today:

• National Aluminium Company (NALCO)
  • Dividend: Rs 4 per share, 80 per cent
• Oil and Natural Gas Corporation (ONGC)
  • Dividend: Rs 6 per share
• Bayer CropScience
  • Dividend: Rs 90 per share, 900 per cent
• Premco Global
  • Dividend: Rs 36 per share, 360 per cent
• D Link India
  • Dividend: Rs 6 per share, 300 per cent
• Esab India
  • Dividend: Rs 25 per share, 250 per cent
• Emami
  • Dividend: Rs 4 per share, 400 per cent
• JM Financial
  • Dividend: Rs 1.5 per share, 150 per cent
• Pricol
  • Dividend: Rs 2 per share, 200 per cent
• Vidhi Specialty Food Ingredients
  • Dividend: Rs 1.5 per share, 150 per cent
• Safari Industries India
  • Dividend: Rs 2 per share, 100 per cent
• Birlasoft
  • Dividend: Rs 2.5 per share, 125 per cent
• Indag Rubber
  • Dividend: Rs 0.9 per share, 45 per cent
• Petronet LNG
  • Dividend: Rs 7 per share, 70 per cent
• Ganesh Consumer Products
  • Dividend: Rs 2.5 per share, 25 per cent
• Royal Arc Electrodes
  • Dividend: Rs 0.5 per share, 5 per cent
• Remus Pharmaceuticals
  • Dividend: Rs 0.5 per share, 5 per cent
• KDDL
  • Dividend: Rs 15 per share, 150 per cent
• Indian Toners and Developers
  • Dividend: Rs 6 per share, 60 per cent
• KP Energy
  • Dividend: Rs 0.25 per share, 5 per cent
• KP Green Engineering
  • Dividend: Rs 0.25 per share, 5 per cent
• KPI Green Energy
  • Dividend: Rs 0.25 per share, 5 per cent
• Saksoft
  • Dividend: Rs 0.45 per share, 45 per cent
• ASM Technologies
  • Dividend: Rs 1 per share, 10 per cent
• Garware Technical Fibres
  • Dividend: Rs 8 per share, 80 per cent
• Mafatlal Industries
  • Dividend: Rs 1.25 per share, 62.5 per cent
• Nava
  • Dividend: Rs 3 per share, 300 per cent
• GPT Healthcare
  • Dividend: Rs 1 per share, 10 per cent
• MOIL
  • Dividend: Rs 1.8 per share

What investors should keep in mind

Today’s trading session is the last window for positioning for these interim and special dividends. As eligibility is determined strictly by shareholder records as of the ex date, investors will have to ensure that their purchases get completed and reflected in their demat holdings by the close of trade on November 13.

Disclaimer: At HDFC SKY, we take utmost care and due diligence in curating and presenting news and market-related content. However, inadvertent errors or omissions may occasionally occur.

If you have any concerns, questions, or wish to point out any discrepancies in our content, please feel free to write to us at content@hdfcsec.com.

Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations