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Dividend Alert: Last Chance Tuesday for 11 Companies, Up to ₹9.50 Per Share
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CNBC Awaaz•21-09-2026, 18:57
Dividend Alert: Last Chance Tuesday for 11 Companies, Up to ₹9.50 Per Share
- •Tuesday marks the final opportunity to benefit from dividends of 11 companies with market capitalization over ₹2000 crore.
- •Gujarat Mineral Development Corporation offers the highest dividend at ₹9.50 per share.
- •Apollo Micro Systems will pay ₹0.25, Gallantt Ispat ₹2, and Mishra Dhatu Nigam ₹1.25 per share.
- •Titagarh Rail Systems is offering ₹1 and Steel Strips Wheels ₹1.50 per share as dividends.
- •The ex-dividend date is when new investors buying shares are no longer eligible for the declared dividend.
Key Questions Answered
Gujarat Mineral Development Corporation has declared the highest dividend of ₹9.50 per share among the listed companies.
The ex-date for dividends of over 50 companies is Wednesday, September 23, making Tuesday the last opportunity to buy shares and receive the dividend.
Under India's current T+1 settlement system, shares generally need to be purchased at least one business day before the ex-dividend date to remain eligible for the declared dividend.
