BEL, RailTel among 16 stocks to trade ex-dividend on Wednesday. Last date to buy today
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Bharat Electronics (BEL), RailTel, Samvardhana Motherson International, and 13 other companies are expected to be in focus today as they have set August 14 as the record date for determining shareholders eligible for dividend payments. This means today is the last day to buy shares of these companies to qualify for the announced dividends. Dividends are paid to shareholders listed in the company’s records on the record date. To be eligible for dividends, shares must be purchased at least one day before the ex-date, as transactions settle the next day. However, those who buy shares on the ex-date will not qualify for dividends. Also read: ETMarkets Smart Talk: We are currently in India’s Golden Decade; I see Sensex at 1,15,253 by 2030: Amisha Vora Here is a list of other stocks, as per StockEdge that will start trading on an ex-dividend basis from Wednesday: Bharat Electronics (BEL) announced a final dividend of Rs 0.8 per share. Dhunseri...