After the release of the financial results of the first quarter of the current financial year (Q1 FY27) in the Indian stock market, the period of distributing dividends to shareholders in the corporate world has reached its peak. Total during the trading week of 17th August to 21st August 2026 89 listed companies Ready to trade as Ex-Dividend.
This week's list includes many multibaggers and large-cap companies like investor favorite defense PSU Mazagon Dock, railway PSU RVNL, housing finance giant LIC Housing Finance, Mahanagar Gas, Sun TV, Page Industries, Bata India, Jindal Steel and Patanjali Foods. If you are working on a strategy to earn passive income (regular passive income) from the stock market, then this week is going to prove to be very important for your portfolio.
Complete time-table from 17th to 21st August: How many companies will have ex-dividend on which day?
The process of determining dividend eligibility in shares of companies of different sectors will run on all five days of this business week. The day-wise schedule is as follows:
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17 August (Monday): total on the first day of the week 13 companies There will be ex-dividend. Prominent among them are HUDCO (HUDCO – ₹1.50), NBCC India (NBCC – ₹0.15), bank (₹1.50), Manappuram Finance (₹1.00), Delta Corp (₹0.50), Indo Count Industries (₹1.50), SKF India (₹20.00) and Yamuna Syndicate (₹500.00).
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18 August (Tuesday): the next day 15 companies Will check your record books. These include Rail Vikas Nigam Limited (RVNL – ₹0.71), Mahanagar Gas (MGL – ₹18.00), Sun TV Network (₹5.00), Route Mobile (₹2.00), Serma SGS Technology (₹1.50) and Bombay Oxygen (₹25.00).
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19 August (Wednesday): on the third day 14 companies Will trade ex-dividend. On this day, investors will keep a special eye on footwear giant Bata India (₹25.00), Page Industries (₹200.00), Honda Power Products (₹23.00), LG Balakrishnan (₹22.00), JK Paper (₹4.00) and Flair Writing (₹0.50).
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20 August (Thursday): on the fourth day 15 companies Will enter on ex-date. In this, defense shipbuilders Mazagon Dock Shipbuilders (₹4.62), Natco Pharma (₹1.50), Marxons Pharma (₹0.90), NIIT (₹1.00) and La Opala RG (₹5.00) will be mainly in focus.
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21 August (Friday): The last day of the week will prove to be the busiest for corporate India, when together 32 companies There will be ex-dividend. These include LIC Housing Finance (₹10.00), GE Vernova T&D India (₹10.00), Hitachi Energy India (₹8.00), Jindal Steel & Power (₹2.00), Jindal Stainless (₹3.00), Vadilal Industries (₹17.00), Patanjali Foods (₹2.30) and Zain Technologies (₹1.00).
Selected stocks with huge dividends: Big pay-out in Page Industries, Bata and Mahanagar Gas
This week there are some companies which are going to distribute huge dividends per share:
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Page Industries: This giant company, which manufactures Jockey brand innerwear, has announced dividend per share to its shareholders. Bumper interim dividend of ₹200 Has declared. Its ex-dividend date has been fixed as August 19.
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Yamuna Syndicate: per share of auto component and trading company Yamuna Syndicate Huge dividend of ₹500 Has announced to give, the ex-date of which is 17th August.
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Mahanagar Gas Limited (MGL): Mahanagar Gas, the leading company in the city gas distribution sector, on August 18 ₹18 per share Will go on ex-date for final dividend of Rs.
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Bata India: Leading footwear retailer Bata India to its investors per share Final dividend of ₹25 Will be distributed, whose ex-date is 19th August.
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Honda Power and LG Balakrishnan: Honda Power Products will issue a dividend of ₹23 per share and LG Balakrishnan will issue a dividend of ₹22 per share on August 19.
Defense and Railway PSUs in power: Eyes set on Mazgaon Dock, RVNL and HUDCO
This week has also brought great returns for shareholders investing in public sector (PSU) companies:
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Mazagon Dock Shipbuilders: Mazagon Dock, the country's leading warship manufacturing company under the Defense Ministry, ₹4.62 per share A final dividend of Rs. The company will enter the ex-date on August 20.
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Rail Vikas Nigam Limited (RVNL): Navratna PSU RVNL of Railway Infrastructure Sector on 18th August ₹0.71 per share There will be an ex-dividend for the final dividend of Rs.
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HUDCO: Housing and Urban Development Corporation on 17 August ₹1.50 per share Will decide the final dividend.
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NBCC India: Navratna real estate PSU NBCC will be ex-dividend on August 17 to pay an interim dividend of ₹0.15.
'Super Friday' of August 21: Line up of power, metal and home finance companies
Friday, August 21 will be a very busy day for traders and long-term investors as 32 companies will be going ex-dividend in the market:
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LIC Housing Finance: per share of mortgage lender company Dividend of ₹10 Has declared.
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GE Vernova T&D India: This leading company in the power transmission sector has ₹10 per share Dividend pay-out has been fixed.
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Hitachi Energy India: Multinational company of electrical infrastructure ₹8 per share Is going to give a dividend of Rs.
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Jindal Steel & Power and Jindal Stainless: In the metal sector, Jindal Steel will distribute dividend of ₹2 per share and Jindal Stainless will distribute ₹3 per share.
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Patanjali Foods and Zen Technologies: FMCG giant Patanjali Foods will pay a dividend of ₹2.30 per share and drone-defense simulator maker Zen Technologies will provide a dividend of ₹1.00 per share.
Mathematics of ex-dividend and record date: When will you get dividend on buying shares?
Often new investors are confused about which day they should buy shares to get dividends. Applicable in Indian stock market T+1 settlement cycle It is very easy to understand the rules under:
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Record Date: This is the cut-off date on which your name must be registered in the official shareholder register (Demat Account) of the company by market close.
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Ex-Dividend Date: This usually occurs one business day before the record date (or the same day in the T+1 system).
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Right time to buy shares: If you want to get dividend of any company, then you have to buy that share. At least one business day before the ex-dividend date Will have to buy. If you buy shares on or after the ex-date, you will not get the benefit of that declared dividend, rather that profit will go to the old seller's account.
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Rules for selling shares: If you already hold shares and want to avail the dividend, you can sell the shares on or after the ex-dividend date; Your dividend will be safely credited to your bank account.
Tax rules on dividend income (TDS & Income Tax Slabs)
Dividend income is taxable under the Income Tax Act, which is important for every investor to understand:
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Tax as per income tax slab: Dividends paid by companies are now added to the total annual income of the shareholder under 'Income from Other Sources' and the investor has to pay tax as per his applicable individual tax slab (e.g. 5%, 10%, 20% or 30%).
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Deduction of 10% TDS: If the total dividend paid by a company to any shareholder in a financial year is More than ₹5,000 If this happens, the company deducts flat 10% TDS on it before crediting the dividend amount. If PAN card is not linked, this TDS 20% can be deducted.
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Option of Form 15G/15H: If the total annual income of an investor is less than the tax exemption limit, he can submit Form 15G (Form 15H for senior citizens) in advance to the Registrar of Companies to avoid TDS deduction.
This trading week of 17th to 21st August is presenting an excellent opportunity for stock market investors to achieve passive cash flow. However, market experts recommend that investors should avoid betting on a stock merely for the lure of dividend pay-outs; The final investment decision should be taken only after a thorough analysis of the company's fundamentals, future growth prospects and valuation.