Today, five major Indian stocks go ex-dividend—meaning the final date to qualify for their dividends has passed. These include ICICI Bank, Grasim Industries, RITES Ltd., Dwarikesh Sugar Industries, and H.G. Infra Engineering. Investors must own shares before August 12 under the T+1 settlement system to be eligible for payouts.
Dividend Details & Eligibility Snapshot
Company | Dividend Per Share | Notes |
---|---|---|
ICICI Bank | ₹11 | Highest since its 2014 stock split |
Grasim Industries | ₹10 | Final dividend recommended for FY24–25 |
RITES Ltd. | ₹1.30 | Interim dividend declared for FY25–26 |
Dwarikesh Sugar Industries | Declared (amount unspecified) | Ex-dividend date: August 12 |
H.G. Infra Engineering | Declared (amount unspecified) | Ex-dividend today |
Under the T+1 trading system, investors must purchase these shares by August 11 to be eligible.
Earlier dividends from ICICI Bank and Grasim are now confirmed; RITES’ payout awaits shareholder approval at its upcoming AGM.