Eight prominent Indian companies, including Angel One, ICICI Prudential Asset Management Company, and NLC India, are set to trade ex-dividend next week, from January 20 to January 23, 2026. This means their share prices will adjust to reflect upcoming dividend payouts. Investors wishing to receive these dividends must own the shares before their respective ex-dividend dates.[businesstoday+4]
Understanding Ex-Dividend Dates
An ex-dividend date is crucial for investors. Shares trading ex-dividend means the stock price no longer includes the value of the next dividend payment. If an investor buys shares on or after this date, they will not be eligible to receive the upcoming dividend.The record date, which typically follows the ex-dividend date, officially determines which shareholders are eligible for the payout.Under India's T+1 settlement cycle, investors must purchase shares at least one day before the record date to qualify for the dividend.[livemint+5]
Companies Trading Ex-Dividend This Week
The week will see several companies undertaking corporate actions. Here is a detailed look at the firms trading ex-dividend:
- Tuesday, January 20, 2026
Bank of Maharashtra will trade ex-dividend on Tuesday. The state-owned lender announced an interim dividend of ₹1 per share. The record date for this payout is also January 20, 2026.
NLC India Ltd. is also scheduled to turn ex-dividend on Tuesday, January 20. The Navratna company declared an interim dividend of ₹3.60 per share for the financial year 2025-26. The record date for NLC India's dividend is January 20, 2026, a date modified from an earlier announcement due to a trading holiday.[businesstoday+3]
- Wednesday, January 21, 2026
Angel One Ltd. will trade ex-dividend on Wednesday. The fintech firm declared its first interim dividend of ₹23 per share. The record date for this significant payout is January 21, 2026, with the dividend slated for payment on or before February 13, 2026. This marks one of the highest payouts among the current list of companies.[businesstoday+7]
ICICI Prudential Asset Management Company Ltd. will also go ex-dividend on Wednesday. The fund house approved an interim dividend of ₹14.85 per equity share. The board fixed January 21, 2026, as the record date for this dividend.[etnownews]
- Thursday, January 22, 2026
D. B. Corp Ltd., known for publishing Dainik Bhaskar, will trade ex-dividend on Thursday. The media company announced an interim dividend of ₹2 per share. The record date for D. B. Corp's dividend is January 22, 2026.
- Friday, January 23, 2026
Havells India Ltd. is expected to trade ex-dividend on Friday. The company's board is scheduled to meet on Monday, January 19, 2026, to consider an interim dividend. Despite the meeting to finalize the amount, the record date for the interim dividend is set for January 23, 2026.
Central Bank of India will also turn ex-dividend on Friday. The public sector lender announced an interim dividend of ₹0.20 per share. The record date for determining eligible shareholders is January 23, 2026.[businesstoday+3]
Suraj Ltd.is another company set to trade ex-dividend on Friday. The industrial firm declared an interim dividend of ₹1.50 per share.[businesstoday+3]
Importance for Investors
These ex-dividend dates are critical for investors planning their portfolios. Investors who buy shares before the ex-dividend date secure their eligibility for the upcoming dividend payment. This corporate action allows companies to distribute a portion of their earnings to shareholders, offering a form of return on investment.
Dividends are often seen as a sign of a company's financial health and stability. Regular dividend payouts can attract investors seeking steady income streams. For many, dividend stocks form a key part of a long-term investment strategy, providing consistent cash flow.[livemint]
Other Corporate Actions
Beyond dividends, the upcoming week also features other corporate actions. United Van Der Horst Ltd. will undergo a stock split on January 22, 2026, where its shares will be subdivided from a face value of ₹5 to ₹1. This move often aims to enhance affordability and liquidity for retail investors. Additionally, Cian Healthcare Ltd. will see corporate action regarding its resolution plan, with a suspension on January 21, 2026.[businesstoday+3]
The week of January 19-23, 2026, promises significant activity for shareholders. Investors should monitor these dates closely to ensure they meet the eligibility criteria for their desired corporate benefits.[businesstoday]
