Around 55 companies including Bharat Dynamics, Dixon Tech and others have fixed September 21 (Monday) as the record date for their respective dividends, effectively making today the last day for interested investors to buy the stocks to be eligible for the dividend payouts.
As per Sebi's T+1 settlement norm, investors need to buy a company's shares at least one trading day before the record date to ensure the shares are credited to their demat accounts in time, and they become eligible for the corporate action. Accordingly, today is the last opportunity for investors to buy the shares so that they are credited to their accounts by the record date (September 21), making them eligible for the dividend.
