As markets kick off a fresh trading week, anyone hoping to pocket dividend income should mark Monday, July 6 on the calendar. A handful of companies are set to trade ex-dividend on July 7, which makes today the final chance to become a shareholder and qualify for the declared payouts. Add up the six stocks below and there is a combined Rs. 96.75 per share on the table.
For newcomers to investing, it helps to understand what the ex-dividend date really means. It is the date from which a stock starts trading without any claim to the upcoming dividend. In other words, investors who buy shares on or after the ex-dividend date will not receive the declared payout. That money instead flows to shareholders who already held the stock before the ex-date.
How the T+1 settlement math works
India follows a T+1 settlement cycle, meaning shares bought today are credited to your account the next trading day. That is precisely why a purchase made today gets registered in your name in time for the record date, making you eligible for the dividend. As a result, July 6 is the last session to act on these stocks.
The stocks and their payouts
Cera Sanitaryware Ltd goes ex-dividend on July 7, and it has announced a generous dividend of Rs. 75 per share. The company has fixed July 7 as its record date as well, making it the biggest payer on this list.
One of India's leading steel manufacturers, JSW Steel Ltd, is also set to trade ex-dividend on July 7, 2026. The company has declared a dividend of Rs. 7.10 per share, with the record date falling on the very same day.
Pharmaceutical heavyweight Sun Pharmaceutical Industries Ltd has announced a dividend of Rs. 5 per share and will trade ex-dividend on July 7, 2026. The company has also set July 7 as its record date.
Dodla Dairy Ltd has likewise declared a dividend of Rs. 5 per share. The stock turns ex-dividend on July 7, while the record date falls on the same day.
Also on the dividend watchlist is TSF Investments Ltd. The company has announced a dividend of Rs. 4.45 per share and will trade ex-dividend on July 7, 2026. Investors must buy the shares today to be eligible for the announced payout.
Finally, LKP Securities Ltd will trade ex-dividend on July 7 too. The company has declared a dividend of Rs. 0.20 per share, with the record date set for the same day. For anyone who wants this dividend, today is the final trading session to buy in.
What investors should keep in mind
Rather than chasing a high dividend alone, investors should remember that a stock's price often falls by roughly the dividend amount on the ex-dividend date. So it is worth weighing a company's fundamentals and your own investment goals before jumping in. That said, for those who want to make dividend income part of their returns, the window on July 6 is one worth using.
