Investors have until today to purchase shares of Asian Paints, Hindustan Unilever (HUL), Tata Power, and other companies to qualify for upcoming dividend payouts. Under SEBI's T+1 settlement cycle, shares must be bought at least one trading day before the record date to ensure eligibility for dividends, with June 23 set as the record date for several firms.
Asian Paints announced a final dividend of Rs 23 per equity share for FY26, with a total payout of Rs 27.50 per share including an interim dividend. The record date is June 23, and the dividend will be paid on or after July 13, pending shareholder approval at the AGM on July 9. The company's shares have a dividend yield of 0.16%.
Hindustan Unilever declared a final dividend of Rs 22 per share, adding to an interim dividend of Rs 19 per share, bringing the total payout for FY26 to Rs 9,633 crore. HUL shares have a dividend yield of 1.96%. Tata Power set its final dividend at Rs 2.5 per share, with a dividend yield of 0.56%.
The Indian Hotels Company (IHCL) recommended a dividend of Rs 3.25 per equity share, subject to AGM approval. Several other companies, including Anand Rathi Share & Stock Brokers and Dalmia Bharat, have also fixed June 23 as their record date for dividends.
This dividend announcement comes as part of regular corporate actions where companies reward shareholders, and it highlights the importance of understanding record dates and settlement cycles for investors.
Background
This dividend announcement comes as part of regular corporate actions where companies reward shareholders, and it highlights the importance of understanding record dates and settlement cycles for investors.
Investors should monitor the outcomes of the upcoming AGMs and any changes in dividend policies that may affect future payouts. Staying informed about record dates and settlement cycles is crucial for maximizing investment returns.
