Investors looking to benefit from dividends, bonus shares, stock splits, and other corporate actions will have a busy week ahead, with more than 30 stocks scheduled to trade ex-date between June 15 and June 19.
The ex-date is the cut-off day after which buyers of a stock are no longer eligible to receive the announced dividend, bonus issue, or other shareholder benefits. Investors must own shares before the ex-date to qualify for the corporate action.
Tata Technologies Announces Special Dividend
One of the most closely watched stocks this week will be Tata Technologies. The company will trade ex-dividend on June 18 and has declared a final dividend of Rs 8.35 per share along with a special dividend of Rs 3.35 per share.
The combined payout of Rs 11.70 per share is expected to keep the stock in focus among income-seeking investors.
HDFC Bank Declares Rs 13 Dividend
India’s largest private sector lender, HDFC Bank, will turn ex-dividend on June 19.
The bank has announced a final dividend of Rs 13 per share. Given its large shareholder base and strong presence in benchmark indices, the stock is expected to attract significant attention during the week.
Tata Motors Passenger Vehicles to Go Ex-Dividend
Tata Motors Passenger Vehicles Ltd will trade ex-dividend on June 19 for a final dividend of Rs 3 per share.
Shareholders who own the stock before the ex-date will be eligible to receive the dividend payout.
IndiaMART Offers Attractive Rs 60 Total Dividend
IndiaMART InterMESH has announced one of the most generous payouts among this week’s corporate actions.
The company has declared:
- Final Dividend: Rs 30 per share
- Special Dividend: Rs 30 per share
The total payout of Rs 60 per share makes IndiaMART one of the standout dividend opportunities this week.
High Dividend Payouts From Polycab and Sanofi Consumer Healthcare
Dividend-focused investors may also keep an eye on:
- Polycab India: Final dividend of Rs 47 per share
- Sanofi Consumer Healthcare India: Final dividend of Rs 75 per share
These substantial payouts are likely to draw interest from long-term investors seeking regular income.
Bonus Shares and Stock Splits in Focus
Several companies have announced bonus share issues and stock splits:
- Mini Diamonds India: Bonus issue in the ratio of 1:1 (June 16)
- Brigade Enterprises: Bonus issue in the ratio of 1:3 (June 17)
- String Metaverse: Bonus issue in the ratio of 2:9 (June 19)
- Deepak Builders and Engineers India: Stock split from face value Rs 10 to Rs 1 (June 19)
Buyback Watch
Cyient will trade ex-date on June 17 for its share buyback programme, making it another stock to watch during the week.
Other Dividend Stocks Going Ex-Date
Several additional companies have announced dividend payouts, including:
- Tata Communications
- Torrent Power
- AWL Agri Business
- GHCL
- HDFC Life Insurance
- Capital Small Finance Bank
- R R Kabel
- eMudhra
- Vimta Labs
- Corona Remedies
- GHCL Textiles
- Swastika Investmart
What Investors Should Remember
Investors aiming to receive dividends, bonus shares, or other benefits must ensure they purchase eligible shares before the ex-date. Buying a stock on or after the ex-date will not entitle them to the announced corporate action.
With multiple high-profile companies including HDFC Bank, Tata Technologies, Tata Motors, IndiaMART, Polycab India, and Sanofi Consumer Healthcare going ex-date this week, market participants are expected to closely monitor these stocks for potential price movements and dividend opportunities.