CRISIL, Varun Beverages, Sundram Fasteners in Focus as They Trade Ex-Dividend Today
Dividend-paying stocks are set to remain in the spotlight today as CRISIL, Varun Beverages, and Sundram Fasteners go ex-dividend, triggering potential stock price adjustments and investor interest in these counters.
Why Ex-Dividend Date Matters for Investors
These companies have set May 7, 2025, as the record date to identify shareholders eligible for their respective interim dividend payouts.
- Due to the T+1 settlement cycle, investors needed to buy shares before May 6 to qualify for the dividend.
- Today, the share prices may adjust to reflect the declared dividend value, a standard market mechanism during ex-dividend trading.
This makes today’s session critical for traders tracking short-term price movements and dividend-based strategies.
CRISIL: Declares ₹8 Interim Dividend
CRISIL’s Board, in its meeting on April 30, 2025, approved the unaudited financial results for Q1CY25 and declared an interim dividend of ₹8 per share of face value Re 1.
- The dividend is for the financial year ending December 31, 2025, reflecting CRISIL’s strong profitability and shareholder focus.
- Payout Date: The dividend will be distributed to eligible shareholders on May 19, 2025, as per the official communication.
This sizeable dividend may lead to a price adjustment today, drawing attention from income-seeking investors.
Varun Beverages: ₹0.50 Interim Dividend Declared
Varun Beverages’ Board, during its April 30 meeting, recommended an interim dividend of ₹0.50 per equity share for FY2025.
- This applies to the company’s 338.18 crore issued shares with a face value of ₹2 each, signaling moderate cash returns to shareholders.
- Record Date: May 7, 2025
- Payout Date: The dividend will be paid from May 9, 2025, to shareholders listed in the Register of Members or depositories as of the record date.
Today’s ex-dividend trade may lead to a minor dip in share price, corresponding to the dividend value.
Sundram Fasteners: ₹4.20 Second Interim Dividend
Sundram Fasteners has approved a second interim dividend of ₹4.20 per share (face value Re 1) for FY2024-25.
- The decision was made during the April 30 Board meeting, consistent with the company’s strong capital return policy.
- Record Date: May 7, 2025
- Payout Date: The dividend will be credited to shareholder accounts on May 21, 2025.
With a relatively higher dividend compared to its face value, the stock may see greater price sensitivity during today’s trading session.
Market Implications and Investor Takeaways
All three companies trading ex-dividend today could witness technical price corrections that reflect the cash payouts being detached from share value.
- These adjustments are typical and do not imply a change in fundamentals, especially for long-term investors.
- Investors may also view these stocks as income-generating assets, especially if the underlying business continues to perform.
For those employing dividend capture strategies, understanding record dates, payout schedules, and ex-dividend mechanics remains essential for optimizing returns.
