July 4, 2025, is set to be a significant day for investors in the stock market. According to information available on the BSE (Bombay Stock Exchange) website, the ex-date for several major companies concerning dividends and bonus shares is scheduled for Thursday.
For those investing in the stock market, July 4, 2025, is poised to be a crucial day. As per the BSE listing, 12 major companies are going ex-date on this day. Some of these companies are offering attractive dividends, while others are distributing bonus shares. Investors wishing to take advantage of these benefits must hold the shares of these companies by July 3rd.
What is an ex-date and what does it mean?
Whenever a company announces dividends or bonus shares for its shareholders, a record date is set. Those who hold the company's shares before this record date are considered eligible to receive the benefits. Since the T+1 rule applies to share settlements, the ex-date is one day before the record date.
This means that if an investor buys shares on July 4th, they will not be entitled to that dividend or bonus. To receive the benefit, they must have the shares in their Demat account by July 3rd.
Tech Mahindra offers the largest dividend
Tech Mahindra leads the list with the largest payout. The company has announced a final dividend of ₹30 per share. This implies that an investor holding 100 shares could directly receive ₹3000 in dividends. This payment from the company will be given to those shareholders whose shares are recorded by July 3rd.
M&M and Escorts Kubota also offer b dividends
Following Tech Mahindra, M&M has declared a final dividend of ₹25.30 per share, and Escorts Kubota has set a final dividend of ₹18 per share. Nestle has also declared a dividend of ₹10, which is considered a b signal within the FMCG sector.
Container Corporation's bonus share plan
Regarding bonus shares, only one company this time – Container Corporation, or Concor – has announced a bonus issue. The company is offering bonus shares in a 1:4 ratio. This means that if an investor holds 4 shares of the company, they will receive 1 additional share free of charge.
This bonus share not only increases investors' holdings but also enhances the liquidity and shareholding in the long term.
These companies also have an ex-date
Other companies going ex-date on July 4th include several prominent ones. The following is a list of them:
- AU Small Finance Bank – ₹1 final dividend
- Axis Bank – ₹1 final dividend
- Bharat Forge – ₹6 final dividend
- Biocon – ₹0.50 final dividend
- Max Healthcare – ₹1.50 final dividend
- Petronet LNG – ₹3 final dividend
- Sona BLW – ₹1.60 final dividend
Many of these companies are leaders in their respective sectors and have a b dividend track record.
Why it is important to know the ex-date
Often, investors in the market get confused, believing they have bought shares after a company announced a dividend or bonus, but still did not receive the benefit. The reason for this is not paying attention to the ex-date at the right time. Since share settlement occurs on a T+1 basis, meaning shares arrive in the Demat account the day after the trade, purchasing must be done before the ex-date.
Impact of dividends and bonuses on shares
Whenever a company's ex-date arrives, there is usually a change in the share price. Shares of dividend-paying companies open with a slight decline on the ex-date because the dividend portion is deducted from the original value. In the case of bonus shares, the face value and the total number of shares increase, which improves its liquidity in the market.