PSU Dividend Jackpot: HAL, ONGC, and 8 Others to Trade Ex-Dividend This Week (Full List)

Mumbai: The "Earnings Fiesta" for Indian Public Sector Undertakings (PSUs) has reached its peak. Following a blockbuster Q3 FY26 season where companies like HAL and SJVN reported record profits, the boards have moved to reward shareholders.

If you are looking to secure passive income, this is the most critical week of February. Record dates for 10 major PSUs are falling between Wednesday (Feb 18) and Friday (Feb 20). Here is the verified dashboard of who is paying how much.

The Master Dashboard: Q3 Performance & Dividends

Deep Dive: Q3 Winners & Payout Details

1. HAL: The Triple Crown Performer

HAL has stunned the market with a 29.7% jump in net profit.

• Earnings Power: Revenue grew nearly 11% to ₹7,698 Crore.

• Dividend: A handsome ₹22.00 per share. To be eligible, you must hold the stock before the market close on Feb 17.

2. SJVN: The Momentum King

In terms of pure growth, SJVN led the pack with a 50.8% YoY profit surge.

• The Driver: Higher revenue from solar and hydro projects.

• The Payout: An interim dividend of ₹1.15 with a record date of Feb 20.

3. Coal India & ONGC: The Yield Giants

Despite Coal India seeing a 16% dip in profit due to a one-time ₹2,201 crore provision for employee pay revision, it has maintained its high-payout status.

• Coal India: ₹5.50 per share (Wednesday Record Date).

• ONGC: ₹6.25 per share, part of its highest-ever cumulative interim payout for a fiscal year.

4. NBCC: The Real Estate Surprise

NBCC reported a massive 38% profit surge, largely driven by the Kochi Project reversal. While its record date is Feb 25, the market momentum is expected to start this Monday.

Investor Strategy: How to Receive the Money?

To ensure the dividend lands in your bank account, keep these true rules in mind:

1. Buying Deadline: Since India follows a T+1 settlement, you must own the shares by the end of the trading session one day before the Ex-Dividend date.

2. Price Adjustment: Remember, the stock price will adjust downwards by the dividend amount on the Ex-date (which is usually the same as the Record Date).

3. Taxation: Dividends are taxable at your income slab. If your dividend exceeds ₹5,000, 10% TDS will be deducted by the company.

Final Verdict for Monday

The PSU sector is currently in a "Sweet Spot" where fundamentals (Q3 results) are matching the sentiment (dividends). For short-term momentum, SJVN and HAL are the top picks. For long-term yield, Coal India and ONGC remain unbeatable.