NELCO to Asian Paints: 5 stocks in focus turning ex dividend today or tomorrow
Dividend Stocks: NELCO, Asian Paints, Tata Elxsi Ltd, Indian Bank, Johnson Controls-Hitachi Air Conditioning India Ltd. and Tata Investment Corporation Ltd. are the 5 stocks in focus today that are turning ex dividend today or tomorrow
These companies had set Monday or Tuesday as record date for identifying list of share holders that are eligible to received dividend.
Record date as per T+1 Settlement procedure means that investors need to buy the shares of the companies one day prior to the record date in order that their names appear in the list of eligible share holders to receive dividends and reap benefits of dividend payout amounted by the companies.
NELCO Ltd- Subject to shareholder approval at the company's subsequent annual general meeting, the Board of Directors has recommended a final dividend of Rs. 1 per share (10%) (face value of Rs. 10 each) for the fiscal year that ended on March 31, 2025.
The record date for identifying list of eligible share holders to received dividend had been set by NELCO Ltd as 9 June 2025. The shares of NELCO will trade Ex dividend today and share holders who wished to benefit from dividend announcement by NELCO needed to buy shares of NELCO Ltd a day prior to Record date i.e Friday 6 June 2025
Asian Paints Ltd: Subject to shareholder approval at the company's 79th Annual General Meeting, a final dividend payment of Rs. 20.55 per equity share with a face value of Re. 1 each was recomended by Asian Paints for the fiscal year 2025.
Including the interim dividend of Rs. 4.25 per equity share, which was approved by the Board of Directors at their meeting on November 9, 2024, and paid out later, the total dividend for the fiscal year 2025 comes to Rs. 24.80 per equity share of face value Re. 1 (Rupee one) each for the fiscal year concluded on March 31, 2025.
If the shareholders approve, the dividend will be paid on or after Monday, June 30, 2025.
Indian Bank - With record date on Tuesday, June 10, 2025, Indian Bank announced a final dividend of ₹ 16.25 per share.
Johnson Controls-Hitachi Air Conditioning India Ltd.: Johnson Controls-Hitachi Air Conditioning India Ltd. announced a final dividend of ₹ 15 per share WITH RECORD DATE as On Tuesday, June 10, 2025,
Tata Investment Corporation Ltd.: With a record date of Tuesday, June 10, 2025, Tata Investment Corporation Ltd. had recommended a final dividend of ₹ 27 per share.
Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
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