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News › Financial Services  ·  9 Aug 2026, 10:34 AM IST  ·  23 days ago

Dividend Alert: JIOFIN, POWERGRID, HPCL Ex-Dividend This Week; Price

Bias: Mildly Bullish +990% confidenceFinancial ServicesPowerBearish read

In one line — For energy stocks going ex-dividend, consider short-term price adjustments; long-term, maintain a bullish bias on power sector stocks like POWERGRID due to growth, but be cautious on OMCs like HPCL if crude prices continue to surge, impacting refining margins.

Bearish
Bullish
−1000+9 ●+100

Source: Economic Times · AI-summarised by Anadi · Updated 9 Aug 2026, 11:45 AM IST

Financial Servicestilt negative
Powertilt negative
Oil & Gastilt negative
Aerospace & Defensetilt negative

What Happened

Around 90 Indian companies, including prominent names like Jio Financial Services, Power Grid Corporation, HPCL, and Hindustan Aeronautics, are scheduled to trade ex-dividend between August 10 and August 14. This means that investors holding these shares on the specified record dates will be entitled to receive the announced dividend payouts.

Why It Matters (for you)

For traders, ex-dividend dates are crucial as the stock price typically opens lower by the dividend amount on that day, reflecting the payout. For long-term investors, it represents a regular income stream. This event occurs amidst a broader market backdrop where the Nifty and Sensex have seen declines, partly due to rising crude oil prices, making dividend yields potentially more attractive.

Impact on Indian Markets

Stocks like JIOFIN, POWERGRID, HPCL, and HAL will see a technical price adjustment on their respective ex-dividend dates. While this is a routine event, it can influence short-term trading strategies. The power sector, represented by POWERGRID, has a strong growth outlook, which could support its long-term appeal despite the ex-dividend adjustment. HPCL, an OMC, remains sensitive to crude price movements.

What Traders Should Watch Next

Traders should monitor the specific ex-dividend dates and dividend amounts for these 90 companies to anticipate price movements. Investors should evaluate if the dividend yield aligns with their income objectives. The broader market sentiment, particularly crude oil price trends and their impact on sectors like oil & gas, will also be critical for overall market direction.

Key Evidence

  • Nearly 90 companies will turn ex-dividend between August 10 and August 14.
  • Jio Financial Services, Power Grid Corporation, HPCL, and Hindustan Aeronautics are among the companies.
  • Investors holding shares on record dates are eligible for dividend payouts.
  • Risk flag: Continued rise in crude oil prices impacting OMCs' profitability (HPCL).
  • Risk flag: Broader market volatility affecting investor sentiment for dividend stocks.