Overview

• For Sept. 19 record and ex-dividend dates, investors need to purchase shares by Thursday, Sept. 18, to qualify under India’s T+1 cycle.
• Public-sector names feature prominently, including Mazagon Dock at Rs 2.71 per share, NALCO at Rs 2.50, Bharat Dynamics at Rs 0.65, and Moil at Rs 1.61.
• NSDL’s board has recommended a Rs 2 per share final dividend with Sept. 19 as the record date and an expected credit on or before Oct. 28 if approved.
• Company filings note most payouts remain subject to shareholder votes, with several stating dividends will be paid within 30 days of AGM approval.
• On the ex-dividend date, share prices typically adjust to reflect the payout, and dividend income is taxable to investors with 10% TDS above Rs 5,000 in a financial year.