Dividend stocks in focus: RITES, 26 others to go ex-dividend on Wednesday. Do you own?
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Shares of RITES, along with 26 others, will be in focus today as it is the last trading session to buy the stock and become eligible for the company’s final dividend. The record date for determining eligible shareholders has been fixed as Wednesday, September 17, 2025. RITES has declared a final dividend of 26.5%, amounting to Rs 2.65 per share, which will be paid to all shareholders whose names appear on the company’s register as of the record date. Record dates are crucial for investors as they determine who will receive a company’s announced dividend. To be eligible, investors must purchase shares before the ex-dividend date, which usually falls one working day prior to the record date, considering the T+1 settlement cycle in Indian markets. The dividend amount is credited directly to shareholders’ bank accounts linked with their demat accounts after the company completes the payout process. According to data from StockEdge, several ot...