The domestic equity market is preparing for a week which will feature many dividend payments because more than 60 companies plan to begin ex-dividend trading from February 16 until February 20. The list features well-known companies which include Hindustan Aeronautics Limited and Coal India Limited and Bharat Forge and Indian Railway Catering and Tourism Corporation (IRCTC) among others.
The following schedule shows the important dividend announcements which will occur on each day of the week:
Monday, February 16
Apollo Hospitals Enterprise will begin ex-dividend trading on its interim dividend which amounts to ₹10 per share because February 16 will serve as the record date.
Escorts Kubota will begin ex-date trading for its special dividend of ₹18 per share while Torrent Power will begin ex-dividend trading for its interim payment of ₹15 per share.
The Monday trading session will include Uniparts India which offers a dividend of ₹7 and IIFL Capital Services which pays a dividend of ₹3 and Kirloskar Ferrous Industries which also pays a dividend of ₹3 and Kewal Kiran Clothing which offers a dividend of ₹2 and Saven Technologies which pays a dividend of ₹1.50 and Aarti Pharmalabs which also pays a dividend of ₹1.50. IRB InvIT Fund and Anantam Highways Trust will also trade ex-date for income distribution.
Tuesday, February 17
Majestic Auto has declared a special dividend of ₹35 per share which will become effective on February 17.
The ex-dividend stocks for the day include Shipping Corporation of India which pays ₹3.50 per share and IRCON International which pays ₹1.20 and International Gemmological Institute India which pays ₹2.50 and IOL Chemicals & Pharmaceuticals which pays ₹1 and Vibrant Global Capital which pays ₹0.65 and Mrs Bectors Food Specialities which pays ₹0.60 and Hikal which pays ₹0.20.
Riddhi Steel and Tube will also trade ex-date for a 1:2 bonus issue.
Wednesday, February 18
Wednesday will become the peak trading day for the week because multiple public sector undertakings (PSUs) will operate their businesses.
Coal India Limited will begin ex-dividend trading for its third interim dividend of ₹5.50 per share for FY26. Hindustan Aeronautics Limited which serves as a defence public sector unit will distribute an interim dividend of ₹35 per share.
Oil India Limited will become ex-dividend for its ₹7 per share dividend while Oil and Natural Gas Corporation (ONGC) will begin ex-dividend trading for its interim distribution.
Wednesday will see other stocks begin ex-date trading which include Torrent Pharmaceuticals which pays ₹29 and MSTC which pays ₹7.60 and Honda India Power Products which pays ₹3.50 and Indraprastha Gas which pays ₹3.25 and Goodluck India which pays ₹3 and CMS Info Systems which pays ₹2.75 and Bharat Forge which pays ₹2 and Premco Global which pays ₹2 and Natco Pharma which pays ₹1.50 and Ashiana Housing which pays ₹1. Bazel International will turn ex-date for a 1:1 bonus issue.
Friday, February 20
Friday will see dividend payments increase after a day of limited activity on Thursday.
Alkem Laboratories leads the day with a dividend of ₹43 per share — the highest payout for the session.
The Bombay Burmah Trading Corporation and Nirlon Limited will trade ex-dividend for ₹17 and ₹15 per share, respectively.
Indian Railway Catering and Tourism Corporation (IRCTC) which operates as a railway ticketing PSU will begin ex-dividend trading for ₹3.50 per share while Power Finance Corporation (PFC) has announced a distribution of ₹4 per share.
The following companies will begin ex-dividend trading on Friday India Nippon Electricals which pays ₹15.50 and Firstsource Solutions which pays ₹5.50 and Kirloskar Oil Engines which pays ₹2.50 and Info Edge (India) which pays ₹2.40 and NCL Industries which pays ₹1.50 and SJVN which pays ₹1.15 and Rashtriya Chemicals and Fertilizers which pays ₹1. Titan Biotech will also trade ex-date for a stock split.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors should consult a qualified financial advisor before making any investment decisions.