If you want to earn from dividends by investing in the stock market, then today you have a good opportunity. Axis Bank, BSE, Nestle India and Dr. A total of 30 companies, including Reddy’s Laboratories, have set July 10 as the record date for dividend. In such a situation, today is the last chance for investors to buy shares of these companies. If you add the dividends of all these companies, you can get a payment of up to Rs 187 per share.
Necessary to buy today due to T+1 rule
Under SEBI’s T+1 settlement system, it is necessary to buy shares of any company at least one business day before the record date. This is because the shares reach the investor’s demat account on the next business day. If the shares do not reach the account by the record date, investors will not be able to avail the benefit of dividend. Therefore, for the record date of July 10, July 9 is the last day of investment.
Axis Bank, BSE and Nestle will give dividend
Axis Bank has declared a dividend of Re 1 per share for the financial year 2025-26. The bank has been continuously giving dividends to its investors for the last several years. At the same time, BSE will give a dividend of Rs 10 per share to its shareholders, which will be paid by September 17, 2026.
Nestle India will also give investors a final dividend of Rs 5 per share and a special dividend of Rs 2 per share. That means the company will pay a total of Rs 7 per share.
Many big companies also included in the list
Pharma Company Dr. Reddy’s Laboratories will pay a final dividend of Rs 8 per share. Apart from this, JK Cement is going to give dividend of Rs 20, Grindwell Norton Rs 19, Hindalco Industries Rs 5 and Apollo Tires Rs 2.50 per share.
Apart from this, many other companies including Birlasoft, Computer Age Management Services (CAMS), D-Link (India), Neelkamal, Mahindra Logistics, Shobha, Nucleus Software Exports, VST Industries, The New India Assurance Company, Geojit Financial Services and Welspun Living are also included in this list.
You will also get the benefit of bonus shares and stock split.
Apart from dividend, some companies are also giving the benefit of bonus shares and stock split. Goldiam International has set the record date for 1:3 bonus issue, that is, one additional share will be given for every three shares. Hindusthan Insulators & Industries will issue 2:1 bonus shares, while Mangalam Worldwide shares will trade on the ex-date for a 1:10 stock split.
In such a situation, today is a very important day for investors who want to take advantage of dividends, bonus shares or stock split. However, before investing in any share, you must evaluate the fundamentals of the company and your investment objective.
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