Seven Stocks Including Coal India and Mazagon Dock Go Ex-Dividend on November 4; Last Day to Buy Shares is Today

Mumbai, November 3, 2025: Seven firms – Coal India, Mazagon Dock Shipbuilders, Happiest Minds Technologies, Sundram Fasteners, and RailTel Corporation – will trade ex-dividend on Tuesday, November 4, 2025. To receive these payouts, investors must hold the shares until the end of today; those who buy on or after November 4 will not be entitled to a dividend.

Dividend Dashboard

Several companies have announced interim dividends with ex-dates set for November 4, 2025. Coal India will pay a dividend of ₹10.25 per share. Mazagon Dock will pay ₹6, Happiest Minds ₹2.75, Sundram Fasteners ₹3.75, RailTel ₹1, and Bhansali Engineering Polymers will distribute a ₹1 dividend. On the same date, Cube Highways Trust has also declared an income distribution.

How Much Investors Can Earn

If an investor owns 100 shares in each company, the estimated total dividend income will be ₹2,475, excluding distributions from the InvIT.

Coal India pays a total of ₹1,025; Mazagon Dock, ₹600; Happiest Minds, ₹275; Sundram Fasteners, ₹375; RailTel, ₹100; and Bhansali Engineering Polymers, ₹100. Cube Highways Trust will pay income distribution on a variable basis.

The distribution from InvIT may include components of interest or principal. Also, dividends are subject to applicable taxes and TDS.

Understanding Dividends and InvIT Distributions

A dividend is a portion of a company’s profits that it chooses to share with its shareholders. When a business pays dividends, it usually signals strong cash flow and management’s confidence in the company’s future. Often, companies will announce an interim dividend partway through the financial year, followed by a final dividend after reviewing their year-end results.

For investors in infrastructure investment trusts (InvITs) such as Cube Highways Trust, the distributions work a little differently. Investors receive periodic payments that typically include a mix of interest, dividends, and capital repayments, offering a steady stream of income from revenue-generating assets.

One crucial date to remember is the ex-dividend date. To qualify for the next payout, investors must hold the units before this date. Purchases made on or after the ex-dividend date do not qualify for the declared distribution. On the ex-dividend date, the unit price often adjusts downward by roughly the payout amount, reflecting the cash distributed to investors.

Investment Recommendation

The next trading session holds key significance for investors eyeing dividend income. With companies such as Coal India, Mazagon Dock Shipbuilders, and Sundram Fasteners announcing substantial interim dividends, income-focused investors have a limited window today to secure these payouts.

To be eligible for the dividend payments, investors must hold the securities at market close on November 3, 2025. These seven equities, including the Cube Highways Trust InvIT, will trade ex-dividend on November 4, 2025.

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