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Stocks going ex-dividend on 23 October 2026 – Indian dividend calendar
Stocks going ex-dividend on 23 October 2026 – Indian dividend calendar highlights three Indian companies listed with an ex-dividend date of Friday, 23 October 2026. The featured companies are ICICI Lombard General Insurance Company Limited, Indian Railway Finance Corporation Limited (IRFC), and HDB Financial Services Limited. This dividend update helps investors track upcoming corporate actions, dividend amounts and important dates in the Indian stock market.
Dividend stocks for 23 October 2026:
1. ICICI Lombard General Insurance Company Limited – ₹7.00 per share
2. Indian Railway Finance Corporation Limited (IRFC) – ₹1.15 per share
3. HDB Financial Services Limited – ₹2.00 per share
ICICI Lombard dividend 2026: ICICI Lombard General Insurance Company Limited is one of India's leading private-sector general insurance companies. It provides insurance products covering motor vehicles, health, travel, businesses and other risks. According to the supplied corporate-action screenshot, ICICI Lombard is listed with a dividend of ₹7.00 per share and an ex-dividend date of 23 October 2026. Investors tracking ICICI Lombard dividend announcements should review official company disclosures for the record date, dividend type and payment schedule.
IRFC dividend 2026: Indian Railway Finance Corporation Limited is a government-owned financial institution primarily involved in financing assets and infrastructure requirements associated with Indian Railways. IRFC plays an important role in supporting railway development through financial leasing and funding arrangements. The company is listed with a dividend of ₹1.15 per share for 23 October 2026. Investors following railway-sector dividend stocks can monitor IRFC's official corporate-action announcements for further details.
HDB Financial Services dividend 2026: HDB Financial Services Limited operates in India's non-banking financial services sector. The company provides lending and financial solutions, including consumer finance, business loans and other credit products. HDB Financial Services is listed with a dividend of ₹2.00 per share and an ex-dividend date of 23 October 2026. Shareholders should verify the official record date and dividend payment information before relying on the announced schedule.
Dividend comparison: Among the three companies featured in this update, ICICI Lombard has the highest dividend amount at ₹7.00 per share, followed by HDB Financial Services at ₹2.00 per share and IRFC at ₹1.15 per share. However, a higher dividend amount does not necessarily indicate a higher dividend yield or better investment opportunity. Dividend yield depends on the prevailing market price of the stock.
Dividend calculation examples: Based on the listed dividend amounts, an eligible shareholder holding 100 shares of ICICI Lombard would receive a gross dividend of ₹700. An eligible shareholder holding 100 shares of IRFC would receive ₹115, while 100 shares of HDB Financial Services would correspond to ₹200. These calculations are illustrative and exclude applicable taxes and statutory deductions.
Understanding the ex-dividend date: The ex-dividend date is an important corporate-action date that helps determine dividend eligibility. Under the usual settlement rules, investors purchasing shares on or after the ex-dividend date generally do not qualify for the corresponding dividend. Investors should also confirm the official record date, payment schedule and applicable settlement requirements.
Why track dividend stocks? Following dividend calendars helps investors stay informed about corporate actions across different industries. This update features companies operating in general insurance, railway financing and non-banking financial services. Investors should evaluate company fundamentals, earnings, valuation, dividend history, payout sustainability and associated risks rather than making investment decisions based solely on dividend announcements.
This October 2026 dividend update is based on the supplied corporate-action screenshot showing three companies scheduled to trade ex-dividend on 23 October 2026. The dividend amounts and dates have not been independently verified against official stock exchange filings.
Disclaimer: This content is provided for educational and informational purposes only and does not constitute investment advice. Dividend amounts, ex-dividend dates, record dates, payment schedules and other corporate-action details may change. Please verify the latest information through official NSE, BSE or company announcements before making any investment decisions.