Dividend stocks: GAIL (India), Oil and Natural Gas Corporation (ONGC), NLC India, Nestle India, Marico, Computer Age Management Services (CAMS) and 21 other companies will be on a record date today after the announcement of interim dividend for its shareholders. .
In these companies, CAMS and Nestle India have announced the highest interim dividend of Rs 17.50 and Rs 14.25 per share respectively. Both companies have fixed Friday, February 7, 2025 as a record date to decide the shareholder eligibility for dividend payment.
Apart from this, government companies Gayle (India) and ONGC have announced an interim dividend of Rs 6.50 and Rs 5 per share respectively. The record date has been set on Friday (February 7) to fix these two companies dividend eligibility.
The entire list of stocks that will be on X-trade on Friday (February 7);
What is an X-Det?
Explain that X-DET and record date are important in deciding dividend eligibility. The X-Det decides the day when a stock starts trading without dividend eligibility. This means that investors must own stock before this date to receive payment. The record date is when companies finalize the list of eligible shareholders based on their records.