HUDCO, SUN TV Network Shares Go Ex-Dividend Today

Several dividend-paying stocks are set to remain in focus on Thursday as they trade ex-dividend, attracting attention from market participants. Shares of HUDCO (Housing & Urban Development Corporation Ltd) and Sun TV Network are expected to be actively watched as they go ex-dividend today. In addition to these two companies, G R Infraprojects Ltd and Brisk Technovision Ltd will also see their stocks trade ex-date on the same day.

An ex-dividend date marks the day when a stock trades without the value of its upcoming dividend payment. Investors who purchase the stock on or after the ex-dividend date will not be eligible to receive the declared dividend. For shareholders to qualify for the dividend, they must have held the stock before the ex-dividend date.

For HUDCO, Sun TV Network, G R Infraprojects Ltd, and Brisk Technovision Ltd, the record date for determining eligible shareholders to receive the dividend was set for Tuesday, March 13, 2025. This means that investors who held shares of these companies by the end of trading on March 13, 2025, will be entitled to the dividend payout.

The performance of these stocks on the ex-dividend date may reflect the adjustment for the dividend value, which is a typical market response. Investors and analysts will likely keep a close watch on the price movements and trading volumes of these stocks as they trade ex-dividend.

Investors who aimed to benefit from the dividend payouts announced by HUDCO (Housing & Urban Development Corporation Ltd), Sun TV Network, G R Infraprojects Ltd, and Brisk Technovision Ltd needed to purchase shares of these companies at least one trading day prior to the record date. This requirement is based on the T+1 settlement cycle followed by Indian stock exchanges. Under the T+1 settlement process, trades are settled on the next trading day. Therefore, to be listed as eligible shareholders for the dividend, investors had to hold the stocks by the end of trading on Monday, March 12, 2025 (since the record date was set for Tuesday, March 13, 2025).

The Board of Directors of HUDCO (Housing & Urban Development Corporation Ltd), during a meeting held on Monday, March 10, 2025, considered and approved the declaration of a Second Interim Dividend for the financial year 2024–25. The approved dividend amounts to ₹1.05 per equity share with a face value of ₹10 each. This represents a 10.50% dividend payout based on the face value of the shares. However, the dividend payment will be subject to the applicable deduction of Tax Deducted at Source (TDS) as per prevailing tax regulations.

HUDCO had fixed Friday, March 14, 2025, as the record date to determine which shareholders would be eligible to receive the interim dividend. This means that only those shareholders whose names appeared on the company’s records at the close of trading on March 14, 2025, would be entitled to receive the dividend payout.

Investors and market participants are likely to keep a close eye on HUDCO’s stock price movement around the ex-dividend date, as stock prices often adjust to reflect the dividend payment.

The process for distributing the interim dividend declared by the companies will be completed within 30 days from the date of declaration. According to the regulations governing dividend payments, companies are required to ensure that the dividend amount is credited to the eligible shareholders’ accounts or dispatched through other payment methods within this specified period. This ensures that shareholders who are entitled to receive the dividend benefit from a timely payout.

The Board of Directors of Sun TV Network Ltd, during their meeting held on Friday, March 7, 2025, approved and declared an Interim Dividend for the financial year 2024–25. The approved dividend amounts to ₹2.50 per equity share with a face value of ₹5 each. This translates to a 50% dividend payout based on the face value of the shares.

The dividend payment will be subject to the deduction of Tax Deducted at Source (TDS) in accordance with the applicable tax regulations. Shareholders whose names appear on the company’s records as of the record date will be entitled to receive the dividend. The ex-dividend date marks the point after which new buyers of the stock will not be eligible for this particular dividend.

Market analysts and investors may closely monitor Sun TV Network’s stock price movement around the ex-dividend date, as stock prices typically adjust to account for the dividend payout.

The Board of Directors of G R Infraprojects Ltd approved and declared an Interim Dividend for the financial year 2024–25 during a meeting held on Friday, March 7, 2025. The declared interim dividend amounts to ₹12.50 per equity share with a face value of ₹5 each. This reflects a substantial return to shareholders based on the face value of the shares.

The company had previously communicated through an official letter dated March 4, 2025, that the record date for determining eligible shareholders entitled to receive the interim dividend was set for Thursday, March 13, 2025. Shareholders whose names appeared in the company’s records at the close of trading on the record date would qualify to receive the dividend.

As per regulatory guidelines, G R Infraprojects Ltd will ensure that the payment of the interim dividend is completed within the legally stipulated timelines. The dividend amount will be credited to the eligible shareholders’ bank accounts or dispatched through other approved methods within the specified period under applicable laws.

The ex-dividend date marks the point after which new buyers of the stock will not be eligible to receive the announced dividend. Market participants may closely track the stock’s performance around the ex-dividend date, as it often reflects the adjustment for the dividend payout.

The Board of Directors of Brisk Technovision Ltd approved and declared an Interim Dividend for the financial year 2024–25. The interim dividend amounts to ₹1.40 (One Rupee and Forty Paise) per equity share with a face value of ₹10 each. This reflects a return to shareholders based on the face value of the shares.

The Board of Directors had fixed March 13, 2025 as the record date for determining the list of eligible shareholders entitled to receive the interim dividend. This means that shareholders whose names appeared on the company’s records at the close of trading on March 13, 2025 would qualify to receive the dividend payment.

The dividend payment process will be carried out in line with regulatory guidelines. The company is expected to complete the payment within the timeframe prescribed under applicable laws. The dividend will either be credited directly to the shareholders’ bank accounts or dispatched through other approved payment methods.

As with other dividend-paying stocks, Brisk Technovision’s share price may reflect an adjustment around the ex-dividend date to account for the dividend payout. Market participants may monitor the stock’s movement closely during this period.