Dividend record date: Last chance to buy today to qualify, Elecon, ICICI Prudential AMC, MRPL - Who pays max amount?
Dividend record date, Oct. 19 -- Shares of Elecon Engineering Company Limited, ICICI Prudential Asset Management Company Limited (AMC), and Mangalore Refinery and Petrochemicals Limited (MRPL) are likely to attract heightened investors interest during Monday, October 19, trading session due to the upcoming record dates for their dividend payout.
Three companies have fixed Wednesday, October 21, as the record date to determine the eligibility of shareholders for the payout. As the Indian stock market follows T+1 trade settlement cycle, it makes Monday, effectively, the last day for investors to qualify for the payout, as Tuesday is a stock market holiday due to Dussehra.
Elecon Engineering Company, ICICI Prudential AMC, and PSU MRPL have...
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