These 2 Tata Group companies to trade ex-dividend from Thursday. Do you own?
Two
Tata Group companies
are scheduled to go
ex-dividend
on Thursday, offering investors a final opportunity to qualify for attractive payouts.
Tata Chemicals
and
Trent
, have fixed Thursday, June 12, 2025, as the record date for their respective final dividends for the financial year ended March 31, 2025.
As per standard market practice, shares of both companies will trade ex-dividend one day prior, which makes Wednesday, June 11, the last
trading
day for investors to purchase these
stocks
and be eligible for the upcoming dividends.
Purchases made on or after June 12 will not entitle investors to the dividend payout.
Here are the details:
Tata Chemicals
Tata Chemicals has declared a final dividend of Rs 11 per equity share, representing a 110% payout on its face value of Rs 10 per share.
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The dividend was recommended by the company's Board of Directors and will be paid on or before July 3, 2025, after deducting applicable taxes at source. The record date for eligibility has been set as June 12, and shares will go ex-dividend on June 11.
'The Board of Directors had, at its meeting held on Wednesday, May 7, 2025, recommended a dividend of Rs 11 per ordinary share of Rs 10 each, subject to approval by the members of the Company at the 86 th AGM. Pursuant to Regulation 42 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company has fixed Thursday, June 12, 2025 as the Record Date for determining entitlement of Members to dividend,' the company said in an exchange filing.
Over the last 12 months, Tata Chemicals has announced a total equity dividend of Rs 15 per share. Based on a market price of Rs 967.80, this translates to a dividend yield of 1.55%, according to Trendlyne data.
Trent
Trent, the retail arm of the Tata Group, has announced a final dividend of Rs 5 per equity share, translating to a 500% payout on its face value of Rs 1. The dividend will be paid on or before July 7, 2025.
'The Company has fixed the Record Date as Thursday, 12th June 2025 for payment of dividend, subject to approval of shareholders at the AGM,' the company said in a previous exchange filing.
As with Tata Chemicals, Trent's record date is also June 12, making June 11 the final day for investors to buy shares and qualify for the dividend entitlement.
(
Disclaimer
: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
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