P&G Health, Kirloskar Oil, SJVN among 19 companies to trade ex-dividend on February 21; check full list

Around 19 companies are expected to trade ex-dividend, which includes Altius Telecom Infrastructure Trust, Bombay Burmah Trading Corporation, Cantabil Retail, Career Point, Firstsource Solutions, India Nippon Electricals, Intelligent Supply Chain Infrastructure Trust, Kirloskar Oil Engines, Manappuram Finance, McNally Bharat Engineering Company, Meera Industries, Modison, Nirlon, Procter & Gamble Health (P&G Health), QGO Finance, Rajath Finance, Sandesh, SJVN and Veeram Securities.

The ex-date marks the day a stock begins trading without dividend entitlement, meaning investors must own the stock before this date to receive the payout. The company, however, determines the list of eligible shareholders based on their records on the record date.

A dividend refers to a payment made by a company to its shareholders, typically as a share of the company’s profits. Companies announce dividends to distribute a portion of their earnings to investors, usually on a regular basis such as quarterly or annually.

Among the list, P&G Health leads with a dividend of ₹80 per share, with a record date set for February 21, 2025. Bombay Burmah Trading has declared ₹13 per share, while Indian Nippon Electricals announced ₹12.5 per share.

Other significant payouts include Nirlon (₹15 per share), Firstsource Solutions (₹4 per share), SJVN (₹1.15 per share) and Sandesh (₹2.5 per share).

Meanwhile, Altius Telecom Infrastructure and Intelligent Supply Chain Infrastructure will declare their income distribution (InvIT) on Friday with record date of February 21 and February 22, respectively.

Rajnath Finance will be announcing its rights issue of equity shares on Friday.

However, the National Stock Exchange (NSE) on Friday banned trading in Manappuram Finance in the futures and options (F&O) segments as its securities crossed 95% of the market-wide position limit (MWPL).

The MWPL is the maximum number of contracts that can be opened at any particular time.

“The derivative contracts in the below-mentioned security have crossed 95% of the market-wide position limit and are currently in the ban period. It is hereby informed that all clients/members shall trade in the derivative contracts of said security only to decrease their positions through offsetting positions. Any increase in open positions shall attract appropriate penal and disciplinary action,” NSE said in a statement.