Axis Bank Ltd., JSW Infrastructure Ltd., Mahindra & Mahindra Ltd., and Tech Mahindra Ltd. are among the many stocks that will trade ex-dividend this week.Investors eyeing dividend payouts must keep a close watch on these dates to ensure eligibility. To be eligible for dividends, investors should note the record date that determines shareholder eligibility.Under India's T+1 settlement cycle, shares purchased on the record date itself will not qualify for the dividend payment. Hence, if the record date of a dividend stock is July 1, then shares must be purchased by June 30.The ex-dividend date, which precedes the record date, marks when the share price adjusts to reflect the upcoming payout.Here is a look at companies that declared dividends and have key dates coming up this week.!function(){"use strict";window.addEventListener("message",(function(a){if(void 0!==a.data["datawrapper-height"]){var e=document.querySelectorAll("iframe");for(var t in a.data["datawrapper-height"])for(var r,i=0;r=e[i];i++)if(r.contentWindow===a.source){var d=a.data["datawrapper-height"][t]+"px";r.style.height=d}}}))}();For Axis Bank, a final dividend of Re 1 per share has been declared, with the ex/record date set for July 4. Similarly, Bharat Forge has announced a final dividend of Rs 6 per share, and Biocon is distributing a final dividend of Re 0.50 per share, both with an ex/record date of July 4.Tech Mahindra is offering a substantial final dividend of Rs 30 per share, and Mahindra & Mahindra has a dividend of Rs 25.3 per share, with both companies also having an ex/record date of July 4.JSW Infrastructure is set to pay a final dividend of Re 0.8 per share, with its ex/record date falling on July 1. Shareholders who wish to be eligible for these dividends must own the shares before the specified ex-dividend date.Dividends are a way for companies to reward their shareholders.Corporate Actions This Week — Tech Mahindra, Escorts Kubota; Track Record Dates. Read more on Markets by NDTV Profit.