Stocks In Focus: IRCTC, P&G Health, ESAB Will Trade Ex-dividend Today; Do you Own Any?

Dividend Stocks On Feb 20: Stock market trading several key stocks, including IRCTC, Procter & Gamble Health, and ESAB India, are trading ex-dividend. This means investors who purchase shares on or after this date will not be eligible for the upcoming dividend payouts. Investors should note that purchasing shares on or after the ex-dividend date will not entitle them to the declared dividends. It's essential to be aware of these dates to make informed investment decisions and understand the implications for portfolio returns. Here's a detailed look at these key companies:

IRCTC 2nd Interim Dividend

The Indian Railway Catering and Tourism Corporation (IRCTC) has declared its second interim dividend for the financial year 2024-25. IRCTC has declared a dividend of Rs. 3 per equity share with a face value of Rs. 2 each. The record date for determining eligible shareholders is February 20, 2025, while the ex-dividend date is set for February 19, 2025. As per the Companies Act, 2013, the dividend will be paid within 30 days from the date of declaration.

Procter & Gamble Hygiene and Healthcare Interim Dividend

The major healthcare product manufacturer, Procter & Gamble HH, has announced an interim dividend of Rs. 80 per share. The record date for the P&G HH dividend is February 21, 2025. P&G Health has given consistent and substantial dividend payouts. In 2024 alone, the company declared three dividends. Last year in February, the company announced an interim dividend of Rs.50 per share, along with a special dividend of Rs.150 per share in the same month. A final dividend of Rs. 60 per share was declared in November 2024.

ESAB India Interim Dividend of Rs. 23

ESAB India has declared an interim dividend of Rs. 23 per share. The ex-dividend date is February 20, 2025, meaning shareholders who owned the stock before this date are eligible for the dividend. This announcement aligns with the company's consistent practice of rewarding its investors. The payments of the dividend will be made by March 10, 2025, as per the company's exchange filing.

AVT Natural Products Interim Dividend

AVT Natural Products Ltd., a prominent manufacturer of plant extracts and natural ingredients for the food, beverage, and animal nutrition industries, has announced an interim dividend of ₹0.30 per equity share (30%) on a face value of Rs.1 per share for the financial year 2024-25.

The Board of Directors, in a meeting held on February 12, 2025, set February 20, 2025, as the record date to determine eligible shareholders for the dividend payout. The company has confirmed that the interim dividend will be disbursed within 30 days from the declaration date.

Shivalik Bimetal Control Interim Dividend

Shivalik Bimetal Control Ltd. has announced an interim dividend of ₹1.20 per equity share (60%) for the financial year 2024-25.

In an exchange filing, the company stated that its Board of Directors, in a meeting held on February 12, 2025, approved the interim dividend on 57,604,200 equity shares with a face value of ₹2 each.

As per SEBI Listing Regulations, the Board has set February 20, 2025, as the record date to determine eligible shareholders. The dividend will be paid or dispatched within the timeline specified under the Companies Act, 2013.