Dividend Stocks: Castrol India, IRFC, Angel One, PFC, AGI Infra, Among Other To Trade Ex-Date Next Week

Dividend stocks next week: Shares of Castrol India, Angle One, Power Finance Corporation, Indian Railway Finance Corporation, DIC India, etc, will remain in focus next week, from Monday, March 17, to Friday, March 21, 2025. These company stocks are scheduled to trade ex-dividend during the next five trading sessions, as per BSE data.

Apart from the dividend record date, other companies have announced next week's stock splits, bonus issues, and other corporate actions. A company generally announces dividends to distribute a chunk of the profit announced during company result among shareholders.

What happens when a stock trades ex-dividend?

When a company trades ex-dividend, its value adjusts as per the payout as it no longer carries the dividend value. Additionally, investors who will purchase these dividend stocks on or after the ex-dividend date would not be eligible for the payout.

Dividend Ahead! Stocks to go ex-date next week

As per the BSE data, nearly seven stocks are said to go ex-dividend in the next five trading sessions, including Castrol India, ABB India, Angel One, Acceleratebs India Ltd, IRFC, etc. Here are all the details about these stocks you need to know before entering next week.

Castrol India

Castrol India declared a final dividend of Rs 9.5 per share in February. The amount includes a special dividend of Rs 4.5 per share, and final dividend of Rs 5 per share. The company has fixed Tuesday, 18 March as record date. Eligible shareholders will receive the dividend amount on 23 April 2025.

The Board of Directors "Recommended a Final Dividend of INR 9.5/- per share of the face value of INR 5/- each (which includes a Special Dividend of INR 4.5/- per share) for the financial year ended 31 December 2024, subject to approval by the Shareholders at the 47th Annual General Meeting. Fixed the record date as Tuesday, 18 March 2025 for determining the entitlement of members to Final Dividend for the financial year ended 31 December 2024. The dividend, if approved by the Shareholders, will be paid on or before Wednesday, 23 April 2025," said the company in a stock exchange filing.

DIC India Ltd

A leading manufacturer of printing inks, DIC India Limited declared a final dividend of Rs 4 per share for eligible shareholders. The company has fixed Tuesday, 18 March 2025, as the record date. The company hasn't announced the dividend payout date, and the same shall be fixed at its annual general meeting.

AGI Infra Ltd

Real-estate firm AGI Infra Ltd will distribute a dividend of Rs 0.5 per share to its eligible shareholders. The stock will trade ex-date on Wednesday, 19 March. The company executed a 1:2 stock split to boost liquidity in January.

Power Finance Corporation Limited

Maharatna NBFC, Power Finance Corporation Limited, PFC, stock will trade ex-date on Wednesday, 19 March. The company had declared a fourth interim dividend of Rs 3.5 per share, and the amount will be paid on or before 11 April 2025.

Angel One dividend

The online stock brokerage platform Angel One announced its second interim dividend of Rs 11 (per equity share with a face value Rs 10) for 2025. The company shares will trade ex-date on Thursday, 20 March. The dividend will be paid to eligible shareholders on or before 12 April, 2025.

IRFC

The railway PSU announced an interim dividend for its shareholders. The amount is yet to be finalised by the company, but the dividend record date has been fixed as Friday, 21 March, 2025. IRFC Board of Directors will consider declaration of a second interim dividend to company shareholders for financial year 2024-25 in its meeting scheduled for Monday next week.