Dividend Stocks Next Week: Axis Bank, JSW Steel, Sun Pharma, Titan, Nestle India Among Shares To Trade Ex-dividend

Several listed companies are set to trade ex-dividend next week, giving investors a final opportunity to buy shares before the ex-date to become eligible for the announced payouts. The list includes blue-chip companies such as Axis Bank, JSW Steel, Sun Pharmaceutical Industries, Titan Company, Nestle India and Hindalco Industries. Besides dividends, a few companies will also trade ex-date for bonus issues and stock splits.

Ex-dividend stocks on July 6

Four companies will trade ex-dividend on July 6. DCM Shriram International will trade ex-date for a final dividend of Rs 0.40 per share, while DJ Mediaprint & Logistics has announced a final dividend of Rs 0.15 per share. Pilani Investment and Industries Corporation will trade ex-dividend for a dividend of Rs 9 per share, and Sundaram

Finance will trade ex-dividend for a final dividend of Rs 24 per share.

Ex-dividend stocks on July 7

Five companies are scheduled to trade ex-dividend on July 7. Cera Sanitaryware has announced a dividend of Rs 75 per share, while Dodla Dairy and Sun Pharmaceutical Industries have declared final dividends of Rs 5 per share each. JSW Steel will trade ex-dividend for a final dividend of Rs 7.10 per share, and LKP Securities has announced a final dividend of Rs 0.20 per share.

Ex-dividend stocks on July 8

Six companies will trade ex-dividend on July 8. Bliss GVS Pharma has announced a final dividend of Rs 1 per share, Hannah Joseph Hospital Rs 2 per share, Kesar Terminals & Infrastructure Rs 1.25 per share, Morarka Finance Rs 1.50 per share, Mphasis Rs 62 per share and United Spirits Rs 11 per share.

Ex-dividend stocks on July 9

Four companies will trade ex-dividend on July 9. Harsha Engineers International has announced a final dividend of Rs 1.50 per share, RPG Life Sciences Rs 24 per share, Sheela Foam Rs 1 per share and Titan Company a dividend of Rs 15 per share.

Ex-dividend stocks on July 10

July 10 will be the busiest day of the week, with more than 25 companies trading ex-dividend. These include Apollo Tyres, Artemis Medicare Services, Axis Bank, Birlasoft, Computer Age Management Services (CAMS), Control Print, D-Link (India), Dr Reddy’s Laboratories, Dynamic Cables, Geojit Financial Services, Grindwell Norton, Hindalco Industries, JK Cement, JSW Cement, Mahindra Logistics, Nestle India, New India Assurance, Nilkamal, Orient Electric, PTL Enterprises, Rossari Biotech, Smartlink Holdings, Sobha, VST Industries, Welspun Living and ZF Commercial Vehicle Control Systems India.

Among the major announcements, D-Link (India) has declared a final dividend of Rs 20 per share along with a special dividend of Rs 7.50 per share. Nestle India has announced a final dividend of Rs 5 per share and a special dividend of Rs 2 per share. Axis Bank will trade ex-dividend for a final dividend of Rs 1 per share, Hindalco Industries for Rs 5 per share, JK Cement for Rs 20 per share, Apollo Tyres for Rs 2.50 per share and Dr Reddy’s Laboratories for Rs 8 per share.

Bonus issue and stock split

Apart from dividends, four companies will also witness other corporate actions next week. Gujarat Inject Kerala will trade ex-date for a stock split from a face value of Rs 10 to Rs 1 on July 8. Goldiam International will trade ex-date for a 1:3 bonus issue on July 10, while Hindusthan Insulators & Industries has announced a 2:1 bonus issue. Mangalam Worldwide will also trade ex-date on July 10 for a stock split from a face value of Rs 10 to Rs 1.

Investors should note that they must buy shares before the ex-date to qualify for dividends, bonus shares or stock splits, subject to the respective record dates announced by the companies.