Dividend alert! Last day to buy Asian Paints, Coal India and 6 more stocks for dividend payout worth nearly Rs 31. Do you own any?

Investors have one last day to buy shares in Asian Paints, Coal India, and six other companies to receive a dividend payout worth nearly Rs 31. This is because of the settlement cycle rules set by Sebi, which require investors to purchase shares at least one trading day before the record date to receive the dividend. If investors miss this deadline, they will not be eligible for the payout, which could impact their returns.

Why it matters

The dividend payout is a scheduled event, and investors need to purchase shares before the record date to be eligible. This does not indicate a change in market sentiment or direction.

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MeridStreet does not reproduce source articles. The summary and analysis above are generated by MeridStreet from public headlines and its own market model; the original reporting belongs to Economic Times. For information only — not financial advice.