On Tuesday (June 23), 11 stocks including Asian Paints, Hindustan Unilever (HUL), Tata Power Company and others will be on 'ex-record date' for dividend. This means that today is the last day for interested investors to buy shares to be eligible to make a total profit of around Rs 76. Under SEBI's T+1 settlement cycle, investors must purchase shares of the company at least one trading day before the record date to ensure that the shares are credited to their demat accounts on time and they are eligible for corporate action. Therefore, today is the last chance for investors to buy shares so that they get credited to their accounts by Friday and they can be eligible for dividend.
Asian Paints had announced in late May that its board has recommended a final dividend of Rs 23 per equity share for the financial year ending March 31, 2026. The company has fixed June 23 as the record date to determine the shareholders eligible to receive the final dividend. This dividend will be given on or after July 13, which will depend on the approval of the shareholders in the company's AGM to be held on July 9. Including the interim dividend of Rs 4.50 per share declared in November 2025, the total dividend payment for FY2026 is Rs 27.50 per equity share. According to Trendlyne data, the dividend yield of Asian Paints shares is 0.16 percent.
Hindustan Unilever (HUL) had declared a final dividend of Rs 22 per share subject to the approval of shareholders at the AGM. This is in addition to the interim dividend of Rs 19 per share declared in October 2025, taking the total dividend payment for FY 2026 to Rs 9,633 crore. According to Trendlyne data, the dividend yield of HUL shares is 1.96 percent. It has declared 55 dividends since March 2001.
Tata Power has also fixed June 23 as the record date for its final dividend of Rs 2.5 per share. The dividend yield of the stock is 0.56 percent. The company has declared dividend 27 times since July 2001.
Indian Hotels Company (IHCL) had said in May that its board of directors has recommended a dividend of Rs 3.25 (325 per cent) on each equity share of face value of Re 1. This recommendation will depend on the approval of the shareholders in the upcoming Annual General Meeting (AGM) of the company. The company said that if approval is received, the dividend will be paid within five days from the date of the AGM.
Other companies that have set record dates for their respective dividends on Tuesday include Anand Rathi Share & Stock Brokers (Rs 5 per share), Dalmia Bharat (Rs 5 per share), DAR Credit & Capital (Rs 0.5 per share), Fredun Pharmaceuticals (Rs 0.7 per share), GNA Excels (Rs 3 per share), Master Components (Rs 0.75 per share) and Thyrocare Technologies (Rs 7 per share).
