Rs 41.5 Dividends: 4 Stocks To Watch Out For Dividends On 9.7.2026; Titan, Sheela Foam, RPG Stocks In Focus

Four stocks will be in focus on July 9, 2026, for turning ex-dividend. Investors should watch out for Titan Company, Sheela Foam, RPG Life Sciences, and Harsha Engineers International, who have fixed July 9th as the record date to identify eligible shareholders for their upcoming rewards. In total, these four companies are rewarding up to Rs 41.5 in dividends per share. The highest dividend payout is of Rs 24 per share from RPG Life and the second highest is of Rs 15 which is offered by the largest gems and jewellery stock, Titan.

Stocks To Watch Today

1, Titan Company Ltd Share Price

This Tata Group-backed gems and jewellery giant is turning ex-dividend on July 9th for its dividend payout of Rs 15 per share.

Ahead of the ex-dividend, Titan stock stood at Rs 4587.10 apiece on BSE, with market cap of Rs 4,07,236.39 crore. The stock is closer to its 52-week high of Rs 4,655 apiece.

In Q1FY27, Titan reported a growth of 47% in its consumer business, and added 77 new stores taking the total number of stores to 3,680. Growth from jewellery business stood at 39%, followed by another 39% growth from Tanishq, Mia, Zoya and beYon brands. CaratLane recorded the highest growth of 42% for Titan in Q1FY27.

Backed by Tata Group, Titan is India's leading jewellery and lifestyle company, with over 8,000 employees and about 38,000 in the overall Titan ecosystem, 16 brands and over 3,680 retail stores. Titan has established leading positions in the Jewellery, Watches and EyeCare categories, while it also has diversified portfolio of Wearables, Indian Dress Wear and Fragrances & Fashion Accessories.

2. Sheela Foam Ltd Share Price

Sheela Foam will turn ex-dividend on July 9th for upcoming final dividend payout of Rs 1 per share.

Sheela Foam Limited (SFL) is an Indian multinational company that manufactures and supplies polyurethane foam mattresses and related comfort products.

Ahead of ex-dividend date, Sheela Foam stock stood at Rs 741.70 apiece on BSE, with market cap of Rs 8,099.61 crore.

3. RPG Life Sciences Ltd Share Price

RPG is turning ex-dividend for paying the highest final dividend of Rs 24 per share compared to other three stocks that are in focus as well.

The pharma stock stood at Rs 2458.25 apiece on BSE, with market cap of Rs 4,065.70 crore ahead of July 9th.

RPG Life Sciences, a part of RPG Enterprises, is an integrated pharmaceutical company operating in the domestic and international markets in the Branded Formulations, Global Generics, Synthetic and Fermentation APIs space. The company is a research based pharmaceutical company, producing a wide range of quality, affordable medicines. Our brands are highly trusted by healthcare professionals and patients.

4. Harsha Engineers International Ltd Share Price

This small-cap stock is turning ex-dividend for final dividend payout of Rs 1.50 per share. Harsha Engineering share price stood at Rs 417.25 apiece on BSE, with market cap of Rs 3,798.82 crore ahead of July 9th record date.

Harsha Engineers International Limited is a distinguished manufacturer and exporter of precision bearing cages and high-precision components with a strong global presence.

Why Do Companies Pay Dividends?

Companies pay dividends when they generate more cash than needed for business operations and growth. Instead of holding excess cash, they distribute it to shareholders, as per Zerodha FAQs. Here are some of the key reasons to pay dividends, as per Zerodha.

1. Attract investors: Dividends provide regular income, making the stock attractive to investors seeking steady cash flow.

2. Signal financial strength: Regular dividend payments indicate the company is financially healthy and confident about maintaining profitability.

3. Reward shareholders: Dividends compensate investors for holding the stock and sharing the company's success.

4. Efficient capital allocation: When a company lacks sufficient growth opportunities to reinvest all profits, distributing dividends is often a better use of capital than accumulating excess cash.

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