February 2 trade watch: 12 companies go ex-dividend, led by Garden Reach’s ₹7.15/share and BPCL’s ₹10/share payout
Dividend-paying stocks will dominate trader interest on February 2, 2026, as a mix of midcap industrials, FMCG firms, and PSU leaders trade ex-dividend. Investors eyeing short-term yield plays or portfolio income opportunities are closely watching shares of Cochin Shipyard, Garden Reach Shipbuilders, BPCL, Symphony, and Metro Brands, among others.
All 12 companies have set February 3, 2026, as the record date, meaning today is the last day to qualify for the announced interim dividends.
5 Key Dividend Announcements to Watch
- Garden Reach Shipbuilders & Engineers
- Dividend: ₹7.15/share (highest among the group)
- Current Price: ₹2,565.60 (+1.72%)
- Sector: Defence PSU
- Strong payout reflects robust FY26 earnings and government orders.
- Cochin Shipyard
- Dividend: ₹3.50/share
- Record Date: Feb 3
- Part of India’s naval modernization supply chain; may appeal to PSU-focused investors.
- Symphony Ltd.
- Dividend: ₹2/share
- Known for steady cash flows and retail shareholder base.
- Vaibhav Global
- Dividend: ₹1.50/share
- Lifestyle retail exporter, often features in dividend portfolios for its consistent payouts.
- GPT Infraprojects
- Dividend: ₹0.75/share
- Small-cap infra play offering modest but consistent returns.
Will these interim dividends draw short-term accumulation ahead of the ex-date?
Bonus Watchlist: 7 Other Ex-Dividend Stocks Today
Alongside the headline names, these stocks are also trading ex-dividend:
| Company | Interim Dividend |
|---|---|
| BPCL | ₹10.00/share |
| Balkrishna Industries | ₹4.00/share |
| Metro Brands | ₹3.00/share |
| Siyaram Silk Mills | ₹3.00/share |
| LT Foods | ₹1.00/share |
| Share India Securities | ₹0.40/share |
| Gopal Snacks | ₹0.35/share |
- BPCL’s ₹10 payout stands out among large caps, attracting both income investors and PSU watchers.
- Metro Brands and Siyaram Silk Mills maintain mid-tier dividend yield profiles, suitable for textile and retail sector plays.
- LT Foods and Gopal Snacks may draw attention from FMCG-focused retail investors.
Key Investor Reminder
To be eligible for the announced dividends, investors must hold shares at the end of trading today (Feb 2). All payouts are based on holdings as of the record date—Feb 3, 2026.
Dividend capture strategies may be active today, especially for high-yield names like BPCL and Garden Reach. Investors should factor in ex-dividend price adjustments that typically occur tomorrow.
TL;DR
Dividend stocks are in focus on Feb 2 with 12 companies trading ex-dividend. Garden Reach (₹7.15), BPCL (₹10), and Cochin Shipyard (₹3.50) lead payouts. Investors must hold shares today to qualify for the dividends declared for Feb 3 record date.
AI Summary
- 12 stocks trade ex-dividend on Feb 2; record date is Feb 3
- Garden Reach, BPCL, and Cochin Shipyard top the dividend list
- Symphony, Vaibhav Global, GPT Infra also offer moderate payouts
- BPCL, Metro Brands, Balkrishna Industries notable among broader watchlist
- Traders must hold shares today to qualify for dividends
