Reliance Chemotex to trade ex-dividend tomorrow in 9 stocks; Last chance to qualify

Reliance Chemotex and 8 other companies are expected to be in focus today as they set a record date of September 4 to decide the shareholders eligible for dividend payment.

This means that today will be the last day to buy shares of these companies to be eligible for the dividends declared by these companies.

Dividends are paid to shareholders as listed in the company’s records on the record date. For dividend eligibility, the company’s shares should be purchased at least one day before the ex-date, as the transactions are settled on the next day.

Investors who buy shares on ex-date are not eligible for dividends.

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Here is a list of other stocks that will start trading on an ex-dividend basis from Wednesday, according to StockAge data:

GC Ventures per share Rs. declared a dividend of 2.

Hickal Ltd per share Rs. declared a dividend of 0.6.

MAS Financial Services per share Rs. A final dividend of 0.51 was declared.

Parag Milk Foods per share Rs. Declared a final dividend of 0.5.

Prince Pipes and Fittings will pay a final dividend of Rs 1 per share.

RACL Geartech per share Rs. A dividend of 1.5 was declared.

Reliance Chemotex Industries declared a dividend of Rs 1 to its eligible shareholders.

SP Capital Financing Declared an interim dividend of Rs 1 per share.

Uni Abex Alloy Products per share Rs. will pay a dividend of 25.

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