This means that today is the last trading day for investors to buy PFC shares to be eligible for the payment.
Record dates are important milestones for dividend shares with a high return, which marks the closing of investors to obtain cash returns in the short term. In Dividend Investing, the record date when a company completes the list of shareholders who have the right to receive the indicated payment. To be on this list, investors must buy shares before the ex-dividend date, usually one trading day before the record date.
Given the regulation periods on the Indian markets, buying PFC shares today ensures that they are credited on time on the Demat account of an investor for suitability.
Although PFC has drawn attention to its scale, sectoral relevance and PSU Dividend Appeal, this is not the only company with a record date of 18 August. Other listed companies that are eligible on the same day include:
– Aarti Industries: Final dividend of 20% @ re 1 per share
– Bright Brothers: Final dividend of 25% @ RS 2.5 per share
– Indian DHP: Final dividend of 40% @ RS 4 per share
– JK Paper: Final dividend of 50% @ RS 5 per share
– Lakshmi Electric operating systems: Final dividend of 40% @ RS 4 per share
For investors who look at dividend payments, today’s transactions in these counters will be crucial. However, analysts warn that the recording of dividends must be weighed against the Fundamentalsals in the long term of a company, because share prices often adapt to the ex-dividend date to display the payment.
((Indemnification: Recommendations, suggestions, views and opinions of the experts are their own. These do not represent the views of economic times)
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