Several major Indian companies, including MCX, Hindalco, and Indian Oil Corporation (IOC), are trading ex-dividend today, August 8, 2025. This means that investors who buy shares of these companies on or after today will not be eligible for the dividend payout. To be eligible, investors must have held the shares before today.
Here's a closer look at the dividends being offered by these companies:
- Multi Commodity Exchange of India (MCX): MCX has declared a final dividend of ₹30 per equity share with a face value of ₹10. The board recommended this dividend on May 8, 2025, subject to shareholder approval at the Annual General Meeting (AGM). The next payment date is expected to be October 10, 2025.
- Hindalco Industries: Hindalco Industries, the metals flagship of the Aditya Birla Group, has announced a final dividend of ₹5 per equity share. The board recommended this dividend on May 20, 2025, for approval at the AGM.
- Indian Oil Corporation (IOC): IOC, a major integrated energy company, has declared a final dividend of ₹3 per equity share with a face value of ₹10. The board recommended this dividend on April 30, 2025, for approval at the AGM. If approved, the dividend will be paid within 30 days of declaration.
In addition to MCX, Hindalco, and IOC, several other companies are also trading ex-dividend today. These include:
- ABB India: Interim dividend of ₹9.77 per share.
- Alkem Laboratories: Final dividend of ₹8 per share.
- Aurobindo Pharma: Interim dividend of ₹4 per share.
- Ceat Ltd: Final dividend of ₹30 per share.
- Computer Age Management Services Ltd: Interim dividend of ₹11 per share.
- Delta Corp Ltd: Final dividend of ₹1.25 per share.
- Flair Writing Industries Ltd: Final dividend of ₹1 per share.
- Mankind Pharma Ltd: Interim dividend of ₹1 per share.
- Paras Defence and Space Technologies Ltd: Final dividend of ₹0.5 per share.
- Quess Corp Ltd: Final dividend of ₹6 per share.
Trading ex-dividend means the share price is adjusted to reflect the dividend payout. Typically, the share price will drop by roughly the amount of the dividend on the ex-dividend date. This adjustment ensures that the total value for investors remains the same before and after the dividend distribution.
For investors, dividends can be an important source of income and a sign of a company's financial health. Companies that consistently pay dividends are often considered stable and reliable investments. However, it is important to note that dividend yields can vary, and a high dividend yield does not always guarantee a good investment. Investors should always conduct thorough research and consider their own investment goals before making any decisions.