Overview

• LIC’s board recommended an interim dividend of Rs 12 per share with a July 25 record date, while Hero MotoCorp, Pidilite, Divis Labs, Zydus Lifesciences and Union Bank have set record dates between July 23 and 25 for payouts ranging from Rs 4.75 to Rs 65 per share.
• India’s shift to a T+1 settlement cycle requires shares to be purchased at least one day before the record date to qualify, narrowing the window for dividend eligibility.
• Dozens of companies have clustered record and ex-dividend dates in late June and mid-July, driving a surge in targeted trading as investors seek to secure payouts.
• Front-loading share purchases has become a popular dividend-capture tactic, although traders brace for predictable price declines on ex-dividend dates.
• Investors are also weighing Q1 earnings, global market movements and developments in US-India trade negotiations when positioning ahead of upcoming corporate actions.