Top Dividend Picks: PSU And Private Stocks Going Ex-Dividend This Week
Several large public sector undertakings and private firms will trade ex-dividend this week. When a company announces a dividend, it also sets a record date for the payment of the dividend. The exchange marks an ex-dividend date, typically one business day before the record date (for T+1 settlement in India). On the ex-dividend day, the share price typically drops by approximately the amount of the dividend per share.
To receive the dividend, one must be the holder of record before the ex-dividend date. That means an investor must buy the stock before the ex-dividend date and have it settled in their demat account by then.
Which PSU And Private Stocks Trading Ex-Dividend This Week
Five noted stocks that will be trading ex-dividend this week are:
Coal India Ltd.
State-run Coal India Ltd. declared a second interim dividend of ₹10.25 per share, which is 102.5% of its face value. The company has set the ex-dividend date as November 4, 2025, and the payment is scheduled for November 28, 2025.
In Q2FY26, the company reported a net profit of ₹4,262.64 crore, which is a 32.6% decline on a year-on-year basis. Revenue from operations fell 3.2% YoY to ₹30,186.7 crore. EBITDA declined 24% YoY to ₹5,850 crore, with per-tonne EBITDA falling to ₹352 due to higher operating costs and lower stripping activity credits.
Brokerages remain split in their outlook, citing weak volumes but potential recovery in the second half of FY26.
Mazagon Dock Shipbuilders Ltd
Mazagon Dock Shipbuilders Ltd will trade ex-dividend on November 4, 2025, for its ₹6 interim dividend. In Q2 FY26, the company reported a total income of ₹3,199.87, representing a 6.3% increase year-over-year (YoY). The net profit for the period stood at ₹749, which is a 28.1% increase on a YoY basis.
The EBITDA margin for the quarter has also expanded to 519 bps, a 23.7% YoY increase, supported by lower provisions and controlled expenses. Its order book stood at ₹27,415 crore as of September 2025.
The dividend payment is scheduled for November 26.
RailTel Corporation of India Ltd
RailTel Corporation of India Ltd declared a ₹1 interim dividend for Q2 FY26. The ex-dividend date is set as November 4, 2025, and the payment is scheduled for November 25.
RailTel Corporation of India Ltd is a Navratna PSU under the Ministry of Railways. In Q2 FY26, the company reported a profit of ₹76.1 crore. Revenue from operations stood at ₹951.36 crore. Its EBITDA rose over 19% year-on-year to ₹154 crore in the reviewed quarter. Additionally, the EBITDA margin improved to 16.2% during the same period.
Sundram Fasteners Ltd
Auto components major Sundram Fasteners Ltd. declared an interim dividend of ₹3.75 per share, a 25% hike over last year, with the ex-dividend and record date set as November 4, 2025.
In the September quarter of FY26, the company reported a consolidated net profit of ₹152.75 crore, a 6% increase on a YoY basis from ₹143.84 crore. Consolidated revenue rose to ₹1,521.02 crore from ₹1,486.04 crore.
The standalone sales were also up by 11.2% on a YoY basis. The EPS for the quarter improved to ₹7.18 from ₹6.78.
Happiest Minds Technologies Ltd.
The ex-dividend date for Happiest Minds Technologies Ltd is November 4, 2025, following its board’s declaration of an interim dividend of ₹2.75 per share.
For the quarter ending September 2025, the company posted a 9% year-on-year increase in net profit to ₹54 crore. However, the same has declined by 5.4% sequentially. Revenue for the period stood at ₹573 crore, a 10% increase on a YoY basis and a 4.3% increase on a QoQ basis.
The revenue growth is contributed by the BFSI and healthcare verticals, while the edu-tech and BFSI sectors faced deal closure delays.
Hindustan Petroleum Corporation Ltd.
HPCL declared an interim dividend of ₹5 per share for FY 2025–26. The ex-dividend date for the same is set as November 6, 2025, and the last purchase date is November 4.
In Q2FY26, HPCL posted a net profit of ₹3,830 crore, a 12.4% drop from ₹4,371 crore on a sequential basis. The revenue also dropped by 9% on a YoY basis to ₹1.01 lakh crore. EBITDA, which stood at ₹6,891 crore, also saw a QoQ decline of 9.3%, with margins flat at 6.8%.
Despite the decline, results exceeded street expectations due to strong gross refining margins (GRM) of $8.80 per barrel and improved operational efficiency.
What's In It For Investors?
Trading around ex-dividend dates can be useful for income capture or short-term strategies, but it is not risk-free. Use verified company filings for exact dates and amounts, plan for settlement and tax, and size positions to manage both price moves and execution cost.
References
Economic Times
NDTV Profit
ZeeBiz
Economic Times
Moneycontrol
NDTVProfit
Business Standard
ToI
ICICI direct
Zee Business
ETNow
Business Standard
ZeeBusiness
Moneycontro
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