Dividend Stocks This Week: TCS, Anand Rathi Wealth, Elecon Engineering
Tata Consultancy Services Ltd., Elecon Engineering Company Ltd. and Anand Rathi Wealth Ltd. are the stocks that will trade ex-dividend this week.
Investors eyeing dividend payouts must keep a close watch on these dates to ensure eligibility. To be eligible for dividends, investors should note the record date that determines shareholder eligibility. Under India’s T+1 settlement cycle, shares purchased on the record date itself will not qualify for the dividend payment. Suppose, if the record date of a dividend stock is Oct. 9, 2025, then shares must be purchased by Oct. 8.
Understanding Ex-Dividend Date and Record Date
The ex-dividend date, which precedes the record date, marks when the share price adjusts to reflect the upcoming payout. It is essential for investors to understand the concept of ex-dividend date and record date to make informed investment decisions. For more information on ex dividend date and its impact on share prices, check our detailed guide.
TCS Dividend Details
IT giant TCS declared its second interim dividend of Rs 11 on Oct. 9, Thursday, after declaring its second-quarter earnings for fiscal 2026. The record date for determining those who will be eligible for the dividend payouts is Oct. 15.
The dividend will have a face value of Re 1. It will be paid to the shareholders on Nov. 4. The company had up to 361 crore shares held in total, according to the BSE data recorded up to the quarter ended June 2025. This brought the total amount that may be disbursed in dividend payouts to be Rs 3,979 crore.
Elecon Engineering Dividend Details
Elecon Engineering Co., which counts marquee investor Vijay Kedia as a public shareholder, declared an interim dividend of Rs 0.50 along with its quarter 2 results on Oct. 10.
The record date for determining the entitlement of the shareholders will be Oct. 16, and the dividend will be paid by Nov. 3. The company reported a rise in consolidated revenue in the second quarter of the current financial year. The topline rose nearly 14% in the July-September quarter to Rs 578 crore, compared to Rs 508 crore in the corresponding period last year.
Anand Rathi Wealth Dividend Details
The company has set Oct. 17 as the record date to determine eligible shareholders for its interim dividend. However, the meeting of the board of directors will happen on Oct. 13 to determine other details of the dividend.
Investors looking to invest in dividend stocks should consider the dividend yield, payout ratio, and historical dividend payments. For a detailed analysis of the best dividend stocks in India, check our latest report.
How to Invest in Dividend Stocks
Investing in dividend stocks can be a great way to generate regular income and long-term wealth. However, it is essential to do your research and consider factors such as the company’s financial health, industry trends, and competitive landscape. For more information on how to invest in the stock market, check our beginner’s guide.
Conclusion
In conclusion, TCS, Elecon Engineering, and Anand Rathi Wealth are set to trade ex-dividend this week. Investors should keep a close watch on the record dates and dividend payout details to ensure eligibility. For more information on stock market news and updates, stay tuned to our website.