NELCO to Asian Paints: 5 stocks in focus ahead of 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 are five stocks that will trade ex-dividend in trade today or tomorrow.
These companies had set Monday or Tuesday as the record date for identifying the list of shareholders eligible to receive the dividend.
The record date, as per the T+1 settlement procedure, means that investors need to buy the shares of the companies at least one day prior to the record date so that their names appear in the list of eligible shareholders to receive dividends and reap the benefits of dividend payouts made by the companies.
NELCO Ltd: Subject to shareholder approval at the company's subsequent annual general meeting, the Board of Directors recommended a final dividend of ₹ 1 per share (10%) (face value of ₹ 10 each) for the fiscal year that ended on March 31, 2025.
The record date for identifying the list of eligible shareholders to receive the dividend had been set by NELCO as June 9, 2025. The shares of NELCO will trade ex-dividend today, and shareholders who wished to benefit from the dividend announcement should have bought NELCO shares a day prior to the record date, i.e. Friday, June 6.
Asian Paints Ltd: Subject to shareholder approval at the company's 79th Annual General Meeting, a final dividend payment of ₹ 20.55 per equity share with a face value of Re 1 each was recommended by Asian Paints for the fiscal year 2025.
Including the interim dividend of ₹ 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 ₹ 24.80 per equity share of face value Re 1 each for the fiscal year concluded on March 31, 2025. The company fixed the record date for dividend as June 10.
If the shareholders approve, the dividend will be paid on or after Monday, June 30, 2025.
Indian Bank - With a record date on Tuesday, June 10, 2025, Indian Bank announced a final dividend of ₹ 16.25 per share.
Johnson Controls-Hitachi Air Conditioning India: Johnson Controls-Hitachi Air Conditioning India announced a final dividend of ₹ 15 per share, with the record date set as Tuesday, June 10.
Tata Investment Corporation: With a record date of Tuesday, June 10, 2025, Tata Investment Corporation recommended a final dividend of ₹ 27 per share.
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Mint
4 hours ago
- Mint
NELCO to Asian Paints: 5 stocks in focus ahead of 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 are five stocks that will trade ex-dividend in trade today or tomorrow. These companies had set Monday or Tuesday as the record date for identifying the list of shareholders eligible to receive the dividend. The record date, as per the T+1 settlement procedure, means that investors need to buy the shares of the companies at least one day prior to the record date so that their names appear in the list of eligible shareholders to receive dividends and reap the benefits of dividend payouts made by the companies. NELCO Ltd: Subject to shareholder approval at the company's subsequent annual general meeting, the Board of Directors recommended a final dividend of ₹ 1 per share (10%) (face value of ₹ 10 each) for the fiscal year that ended on March 31, 2025. The record date for identifying the list of eligible shareholders to receive the dividend had been set by NELCO as June 9, 2025. The shares of NELCO will trade ex-dividend today, and shareholders who wished to benefit from the dividend announcement should have bought NELCO shares a day prior to the record date, i.e. Friday, June 6. Asian Paints Ltd: Subject to shareholder approval at the company's 79th Annual General Meeting, a final dividend payment of ₹ 20.55 per equity share with a face value of Re 1 each was recommended by Asian Paints for the fiscal year 2025. Including the interim dividend of ₹ 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 ₹ 24.80 per equity share of face value Re 1 each for the fiscal year concluded on March 31, 2025. The company fixed the record date for dividend as June 10. If the shareholders approve, the dividend will be paid on or after Monday, June 30, 2025. Indian Bank - With a record date on Tuesday, June 10, 2025, Indian Bank announced a final dividend of ₹ 16.25 per share. Johnson Controls-Hitachi Air Conditioning India: Johnson Controls-Hitachi Air Conditioning India announced a final dividend of ₹ 15 per share, with the record date set as Tuesday, June 10. Tata Investment Corporation: With a record date of Tuesday, June 10, 2025, Tata Investment Corporation recommended a final dividend of ₹ 27 per share.
Mint
7 hours ago
- Mint
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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Business Standard
7 hours ago
- Business Standard
Dividend, stock split: Asian Paints, Indian Bank & 3 others to go ex-date
Dividend stocks: Asian Paints, Indian Bank and 3 others will be in focus today as they will trade ex-date on Tuesday, June 10, 2025. In the light of recent announcements regarding corporate action such as dividends, bonus issues, and rights issues, drawing attention from investors. It should be noted that the record date and ex-date for the mentioned stocks are the same. Shares trading ex-date for final dividend Asian Paints has declared a final dividend of ₹20.55 per share, Indian Bank ₹16.25, Johnson Controls-Hitachi Air Conditioning India ₹15, and Tata Investment Corporation ₹27 per share, according to corporate action data on BSE. A final dividend is the amount given by a company to its shareholders after the end of its financial year, based on its full-year profits, and approved by shareholders at the Annual General Meeting (AGM). Catch Stock Market Updates Today LIVE Stock split Apart from that, Vesuvius India will trade ex-date for its stock split of 1:10 ratio. The shareholders will receive 10 equity shares of ₹1 each, fully paid-up, for 1 equity share of ₹10 each, fully paid-up, held by them as on the "record date", upon subdivision/split. The ex-date (or ex-split date) is the date on or after which a stock trades without the value adjustment for a stock split. The ex-date marks the day a stock starts trading without the eligibility for dividends, bonus shares, stock splits, or rights issues. This means that investors who purchase the stock on or after the ex-date will not be entitled to these benefits. To be eligible, an investor must hold the stock before the ex-date. However, the final list of beneficiaries for dividends, stock splits, or rights issues is prepared by the company based on shareholders recorded at the close of the record date. Will investors be eligible to receive dividends, stock splits, or bonus shares if they purchase shares on the ex-date or record date? No, they won't be eligible for dividends, stock splits, or bonus shares if they buy the stock on the ex-date or record date. To qualify, one must purchase the shares at least one trading day before the ex-date, due to the T+1 settlement cycle in India.
