Last Chance Today: Grab Dividends from 24 Stocks Including Mazagon Dock, Hindustan Copper

• Today, February 12, is the final opportunity to buy shares of 24 companies, including Mazagon Dock and Hindustan Copper, to be eligible for their dividends.
• The T+1 settlement cycle in India requires investors to hold shares by February 12 to receive dividends, as buying on the record date (February 13) will not qualify.
• Mazagon Dock Shipbuilders declared an interim dividend of Rs 7.5 per share, Hindustan Copper Re 1, and Mahanagar Gas Rs 12.
• Esab India announced the highest dividend at Rs 25 per share, while MRF Ltd approved Rs 3 and NMDC Ltd Rs 2.5.
• Dividends are portions of company profits distributed to shareholders, and tax is levied on the shareholder, with a 10% TDS if the amount exceeds Rs 5,000 annually.