{"id":315143,"date":"2026-10-19T09:49:02","date_gmt":"2026-10-19T04:19:02","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=315143"},"modified":"2026-10-19T09:49:02","modified_gmt":"2026-10-19T04:19:02","slug":"dividend-record-date-last-chance-to-buy-today-to-qualify-elecon-icici-prudential-amc-mrpl-who-pays-max-amount","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/dividend-record-date-last-chance-to-buy-today-to-qualify-elecon-icici-prudential-amc-mrpl-who-pays-max-amount\/","title":{"rendered":"Dividend Record Date: Last Chance to Buy Today to Qualify, Elecon, ICICI Prudential AMC, MRPL – Who Pays Max Amount?"},"content":{"rendered":"

The dividend record date for Elecon Engineering (Rs 0.50), ICICI Prudential AMC (Rs 30) and MRPL (Rs 3) is Wednesday 21 Oct 2026. With Tuesday a market holiday and T+1 settlement, today, Monday 19 Oct, is the last day to buy and qualify. ICICI Prudential AMC pays the most per share, while MRPL has the highest yield among the three at about 1.7% (my calculation). One report gives 20 October as the last day, which is a holiday, so I have not used it.<\/em><\/p>\n

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Quick Answer<\/strong><\/p>\n

The dividend record date for Elecon Engineering, ICICI Prudential AMC and MRPL is 21 October 2026, and under T+1 settlement the last day to buy and qualify is Monday 19 October because Tuesday 20 October is a market holiday for Dussehra. ICICI Prudential AMC pays the most per share at Rs 30, MRPL pays Rs 3 and Elecon pays Rs 0.50. By my calculation the yield at morning prices is about 1.1% for ICICI Prudential AMC, 1.7% for MRPL and 0.1% for Elecon. The shares usually trade ex-dividend from the dividend record date, so buying only for the payout does not create a gain on its own.<\/p>\n<\/p><\/div>\n

A dividend record date is the day a company checks its register to decide who receives the dividend. In India, with T+1 settlement, a share must be bought one trading day before the record date and reach your demat account in time. Because 20 October is a holiday, that day is 19 October for the 21 October record date.<\/p>\n

This guide compares the three payouts, shows the yield and the amount per 100 shares, lists other dividends this week, explains the ex-date and covers the risks. It is educational and not a recommendation to buy or sell.<\/p>\n

Click Here – Get Free Investment Predictions<\/a><\/strong><\/p>\n

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