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3w ago

T+1 Settlement Triggers Final Trading Rush for July Dividends

Investors have until July 23 to lock in mid-year dividend payouts under the accelerated settlement cycle.

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Hero MotoCorp, Crompton, Chola Finance, others to turn ex-dividend on Thursday, July 24

Overview

  • Under the T+1 settlement cycle introduced in June, shares must settle one business day before record dates to qualify for dividends.
  • July 23 is the final deadline for investors to buy shares to secure dividends from Pidilite Industries (Rs 20 per share) and Aditya Birla Sun Life AMC (Rs 24 per share).
  • Investors must hold Hero MotoCorp shares by July 23 to claim its Rs 65 final dividend for fiscal 2025, with the record date set for July 24.
  • UTI Asset Management Co. is offering a Rs 26 final dividend and a Rs 48 special dividend, while Fiem Industries and Radico Khaitan will pay Rs 30 and Rs 4 per share respectively.
  • The compressed dividend window has driven a surge in trading volumes as participants race to front-load purchases before ex-dividend price adjustments.