Investors are gearing up for an important day in the stock market as CRISIL, Varun Beverages, and Sundram Fasteners prepare to trade ex-dividend today, May 7, 2025. This significant date marks the cut-off for identifying eligible shareholders poised to receive dividends. As a result, the share prices of these companies are expected to attract considerable attention from traders and investors alike.
Understanding the Ex-Dividend Date
To qualify for the dividends, shareholders needed to purchase the stocks of CRISIL, Varun Beverages, and Sundram Fasteners by May 6, 2025. This timing is crucial due to the T+1 settlement cycle, which determines the eligibility of shareholders for the dividend payout.
Key Dividend Announcements
CRISIL’s Financial Update
On April 30, 2025, CRISIL’s Board of Directors approved the company’s financial results for the first quarter ending March 31, 2025. Along with this announcement, they declared an interim dividend of ₹8 per share, based on a face value of Re 1. Shareholders can expect this dividend to be disbursed on May 19, 2025.
Varun Beverages’ Interim Dividend
Similarly, Varun Beverages’ Board also met on April 30, 2025, to recommend an interim dividend of ₹0.50 per equity share for the fiscal year 2025. This dividend will apply to the total of 338,18,65,692 equity shares with a nominal value of ₹2 each. The payout is set for May 9, 2025, ensuring that it reaches all shareholders recorded by May 7, 2025.
Sundram Fasteners’ Second Interim Dividend
Sundram Fasteners is also in the spotlight, having approved a second interim dividend of ₹4.20 per share (of Re 1 each) during their board meeting on April 30, 2025. The record date for this dividend is the same, May 7, 2025, with payments expected to be made by May 21, 2025.
Summary of Dividend Details
- CRISIL: ₹8/share, payable May 19, 2025
- Varun Beverages: ₹0.50/share, payable May 9, 2025
- Sundram Fasteners: ₹4.20/share, payable May 21, 2025
As these companies finalize their dividend distributions, investors should carefully monitor their share prices and market movements. For those considering investments, understanding the timing of dividends can be pivotal in making informed decisions.
Stay updated on market trends and explore potential stock opportunities as these dividends unfold!
