Investors are eyeing a significant number of companies set to trade ex-dividend today, February 17, 2025. Among these are prominent names like Oil India, IRCON International, IIFL Capital, and Dalmia Bharat, all of which have declared interim dividends.
This is a crucial day for those looking to invest in stocks that offer dividend payouts as companies begin trading without the entitlement to these dividends. Understanding the ex-dividend process is essential for making informed investment decisions in the stock market.
Key companies trading ex-dividend today
Today, a diverse range of companies will be trading ex-dividends, presenting an opportunity for investors to diversify their portfolios. These companies include Oil India, IRCON International, IIFL Capital Services, and Dalmia Bharat Sugar and Industries, all of which have declared interim dividends for the financial year 2024-25.
Other companies in the mix are Artemis Electricals, Mrs. Bectors Food Specialties, Campus Activewear, and Premco Global, among others. For those considering whether to invest in stocks, it’s important to understand the significance of dividends as a form of passive income, which can enhance the appeal of long-term investments.
Oil India’s substantial dividend offering
Oil India, a prominent state-owned company, has announced an interim dividend of ₹7 per share. This dividend is part of the company’s payout plan for the financial year 2024-25, reflecting its strong performance.
For investors planning to invest in stocks in the oil and energy sector, Oil India’s attractive dividend serves as a compelling factor, providing steady returns while allowing for long-term capital appreciation. The dividend will be paid on or before March 8, 2025, and today it has been set as the record date for shareholder eligibility.
IRCON International’s interim dividend
IRCON International, a leading public sector undertaking (PSU), is also offering an interim dividend of ₹1.65 per share. The dividend reflects the company’s consistent financial health and commitment to rewarding shareholders.
Investors who invest in stocks and are interested in PSU stocks may find IRCON’s attractive dividend payout a reason to consider adding it to their portfolios. The dividend will be paid starting February 28, 2025, but shareholders must hold the stock as of today to qualify for the payout.
Dalmia Bharat’s reward for shareholders
Dalmia Bharat Sugar and Industries has declared an interim dividend of ₹4.50 per share, marking another key dividend payout for investors. As one of India’s leading sugar manufacturers, Dalmia Bharat is recognised for its solid performance and dividend history.
Investors looking to invest in stocks with consistent dividends may find Dalmia Bharat a suitable addition to their portfolio. The record date for this dividend is also February 17, 2025, and the payout will occur soon thereafter.
IIFL Capital’s dividend and growth potential
IIFL Capital Services, a well-known wealth management firm, has declared an interim dividend of ₹3 per share for the financial year 2024-25. As a prominent player in the financial services industry, IIFL Capital’s dividend is a strong signal of its stable earnings.
For those looking to invest in stocks within the finance sector, IIFL Capital offers both potential capital growth and dividend income. Investors must purchase the stock before today’s ex-dividend date to ensure they are eligible for this dividend.
Other notable dividend declarations
In addition to the major names mentioned, a variety of smaller companies will also be trading ex-dividend today, including Premco Global, Garuda Construction and Engineering, and Mrs. Bectors Food Specialties.
Each of these companies offers its own unique investment potential, whether in the form of a solid dividend or growth prospects. Those who invest in stocks across various sectors can take advantage of the dividends offered by these companies to enhance their portfolios.
A strategic moment to invest in stocks
Today’s ex-dividend activity is a reminder of the opportunities available to investors who seek regular income streams through dividend payouts. By carefully selecting companies like Oil India, IRCON International, Dalmia Bharat, and IIFL Capital, investors can benefit from strong dividend yields while also positioning themselves for potential capital gains.
For those planning to invest in stocks, understanding the timing of dividends and the financial health of companies is key to making well-informed decisions that align with long-term investment goals.