Stocks Going Ex‑Dividend on September 10: What Investors Need to Know

If you own shares in any of the listed companies mentioned below, mark your calendars – September 10 is the day they go ex‑dividend. In plain English, it means that anyone buying the stock on or after that date will miss out on the announced dividend payout.

Let’s start with the big‑name media player, Zee Entertainment Enterprises Ltd (ZEEL). The broadcaster has declared a final dividend of ₹2 per share. The record date – the cut‑off for who gets the money – is also September 10, and shareholders can expect the cash to hit their accounts around October 17.

Moving on to the frozen foods segment, Apex Frozen Foods Ltd will also be on the ex‑dividend list. Its final dividend stands at ₹2.50 per share, with the same record date of September 10 and a payment date slated for October 17.

In the industrial space, Power Mech Projects Ltd is set to turn ex‑dividend on the same day, offering a modest ₹1.50 per share. Again, September 10 is the record date and the payout is scheduled for October 17.

The real eye‑catcher, however, is TVS Srichakra Ltd. This tyre‑manufacturing arm of the TVS group is paying a whopping ₹37.80 per share – the highest dividend among the batch. The record date aligns with everyone else – September 10 – but the cash will be disbursed a little later, on October 24.

Other companies joining the ex‑dividend roll‑call include Indoco Remedies (₹0.20), Ganesha Ecosphere (₹3.50), DIVGI TorqTransfer Systems (₹3.27), Radiant Cash Management Services (₹2.50), Elnet Technologies (₹2), Linc (₹1.50), Valiant Communications (₹1.50), Chemcrux Enterprises (₹1), M & B Engineering (₹1), Sicagen India (₹1), Indsil Hydro Power and Manganese (₹0.60), Grauer & Weil India (₹0.50), Harshdeep Hortico (₹0.25) and JMJ Fintech (₹0.15). All of them share the September 10 record date, with most payments due on October 17.

Remember, the ex‑dividend date is a technical marker, not a trading signal. Prices often adjust on the ex‑date to reflect the dividend that’s no longer attached to the share, but market dynamics can cause bigger moves. As always, it’s wise to consult a qualified financial advisor before making any buying or selling decisions based purely on dividend dates.

Finally, a quick disclaimer: the information above is for informational purposes only and should not be taken as investment advice. Conduct your own research or seek professional guidance before acting.