Wipro, DLF shares trade with dividend eligibility today; set to go ex-dividend on Monday

Some of the prominent companies, including Wipro and DLF, are set to trade ex-dividend on Monday, July 28, making today, Friday, July 25, the last day to purchase shares and remain eligible for their upcoming dividend payouts.

Wipro, one of India’s leading IT services firms, has announced an interim dividend of Rs 5 per share, with the record date fixed for July 28. To qualify for this dividend, shareholders must ensure that their purchase of Wipro shares is completed before the market closes today.

The shares of Wirpo closed flat at Rs 261.90 on the BSE on Thursday.

Further, real estate major DLF has also declared a final dividend of Rs 6 per share. With the record date set for Monday, July 28, today marks the cut-off for investors to be eligible for the benefit. The dividend is part of the company’s distribution for the financial year, and reflects its strong performance and cash position.

DLF shares closed 1.5% lower at Rs 828.95 on the BSE on Thursday.

As per standard settlement timelines, the ex-dividend date falls one working day prior to the record date, making Friday the final day for purchase to be considered for shareholder eligibility.Apart from Wipro and DLF, some other companies have also announced dividend payouts with the same record date of July 28. These include:(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)