Dividend Stocks to Watch: Bajaj Finance, Coforge, BOM, Laurus Labs and More in Focus on May 8

Shares of Bajaj Finance, Coforge, Laurus Labs, Bank of Maharashtra, and Transformers and Rectifiers (India) are likely to remain in focus today, Thursday, May 8, 2025. These companies have recently announced dividend rewards for their shareholders. A dividend is a part of a company’s profit that is distributed among its shareholders. It is often considered a source of passive income for investors, as it provides regular income without the need to sell shares.

Ex-Dividend Date: What It Means for Investors

According to data available on the Bombay Stock Exchange (BSE), these companies are scheduled to trade ex-dividend on May 9, 2025. The ex-dividend date is important because it is the date from which the stock will trade without the value of the upcoming dividend. In simple terms, if investors want to be eligible to receive the declared dividend, they need to buy and hold the stock before the ex-dividend date. After this date, new buyers will not be eligible for the dividend. The final list of eligible shareholders is determined based on the record date, which is the same as the ex-date—May 9, 2025—for all the companies mentioned.

Read More, Anand Rathi Wealth Declared Final Dividend: Set May 9 as Record Date.

Details of Dividend Announcements

Among all the companies announcing dividends, Coforge has declared the highest dividend. The company has announced an interim dividend of ₹19 per share. It has also set May 9, 2025, as the record date for determining eligible shareholders who will receive the dividend.

Following Coforge, Bajaj Finance has announced a special dividend of ₹12 per share, with the same record date of May 9, 2025.

Other companies joining the dividend list include:

• Bank of Maharashtra: The public sector bank has announced a final dividend of ₹1.50 per share.

• Laurus Labs: The pharmaceutical company has declared an interim dividend of ₹0.80 per share.

• Transformers and Rectifiers (India): The company has announced a final dividend of ₹0.20 per share.

All these companies have their record dates set as May 9, 2025, meaning shareholders on record on that day will receive the announced dividends.

Other Notable Dividend Announcements

In addition to the companies listed above, 2 other firms will also be closely watched by investors as they trade ex-dividend on May 8, 2025:

• Oracle Financial Services Software: This company has declared a very high interim dividend of ₹265 per share, making it one of the top dividend-paying stocks currently.

• Gravita India: The company has announced an interim dividend of ₹6.35 per share.

Conclusion

These dividend announcements are likely to draw attention from investors who are looking for income-generating opportunities in the stock market. Dividend-paying stocks can be attractive during uncertain times as they offer a steady return, and today’s market activity is expected to reflect that investor interest.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.                                         

Investments in securities market are subject to market risks, read all the related documents carefully before investing.