Last chance to buy! TCS, Kotak Bank among 35 stocks to trade ex-dividend from Friday

Dividends are paid to shareholders whose names are listed on the record date in the company's database. With the T+1 framework, the record date typically aligns with the ex-date, except when a market holiday follows the ex-date. Shareholders who buy the stock at least one day before the ex-date qualify for dividends, settled the next day.