Dividend Stocks This Week: TCS, Anand Rathi Wealth, Elecon Engineering

Investors looking to earn dividend payouts from their investments should keep a close eye on the upcoming ex-dividend dates for several key stocks. This week, Tata Consultancy Services Ltd., Elecon Engineering Company Ltd., and Anand Rathi Wealth Ltd. are the stocks that will trade ex-dividend.

Understanding Ex-Dividend Dates and Record Dates

To be eligible for dividend payouts, it’s crucial for investors to understand the concept of ex-dividend dates and record dates. The record date determines which shareholders are eligible to receive the dividend payment. Under India’s T+1 settlement cycle, shares purchased on the record date itself will not qualify for the dividend payment. Therefore, to be eligible, shares must be purchased by the day before the record date.

Tata Consultancy Services Ltd. (TCS) Dividend

The IT giant, TCS, declared its second interim dividend of Rs 11 on October 9, after announcing its second-quarter earnings for fiscal 2026. The record date for determining those eligible for the dividend payouts is October 15. The dividend will have a face value of Re 1 and will be paid to the shareholders on November 4.

According to the BSE data recorded up to the quarter ended June 2025, the company had up to 361 crore shares held in total. This brings the total amount that may be disbursed in dividend payouts to Rs 3,979 crore.

Elecon Engineering Company Ltd. Dividend

Elecon Engineering Co., which counts marquee investor Vijay Kedia as a public shareholder, declared an interim dividend of Rs 0.50 along with its quarter 2 results on October 10. The record date for determining the entitlement of the shareholders will be October 16, and the dividend will be paid by November 3.

The company reported a rise in consolidated revenue in the second quarter of the current financial year, with the topline rising nearly 14% in the July-September quarter to Rs 578 crore, compared to Rs 508 crore in the corresponding period last year.

Anand Rathi Wealth Ltd. Dividend

Anand Rathi Wealth Ltd. has set October 17 as the record date to determine eligible shareholders for its interim dividend. However, the meeting of the board of directors will happen on October 13 to determine other details of the dividend.

Investment Strategy for Dividend Stocks

For investors looking to incorporate dividend stocks into their investment strategy, it’s essential to have a long-term perspective. Dividend stocks can provide a regular income stream and help reduce volatility in a portfolio. However, it’s crucial to evaluate the company’s financial health, dividend payout history, and growth prospects before making an investment decision.

In addition to the dividend yield, investors should consider other factors such as the company’s price-to-earnings ratio, return on equity, and debt-to-equity ratio to ensure they are making an informed investment decision.

Conclusion

In conclusion, TCS, Elecon Engineering Company Ltd., and Anand Rathi Wealth Ltd. are the dividend stocks to watch this week. By understanding the ex-dividend dates, record dates, and evaluating the company’s financial health, investors can make informed decisions to maximize their returns.