Dividend Alert: Last Chance to Buy Bajaj Group Stocks for ₹138 Payouts
Investors looking to benefit from significant corporate actions must act fast, as today marks the final opportunity to acquire shares in three major Bajaj Group companies. With a combined dividend payout reaching up to ₹138 per share, these stocks are seeing intense interest ahead of their upcoming record dates.
Understanding the T+1 Settlement Deadline
Under SEBI’s current T+1 settlement cycle, investors must purchase shares at least one trading day before the designated record date. This ensures that the shares are successfully credited to the investor's demat account in time to qualify for the corporate action. For the Bajaj Group companies mentioned, June 30 has been fixed as the record date; therefore, today is the absolute deadline for investors to secure eligibility for the upcoming payouts.
Bajaj Holdings Leads with ₹130 Per Share Dividend
The standout performer in this dividend cycle is Bajaj Holdings and Investment. The company has announced a massive total payout of ₹130 per share. This consists of a special dividend of ₹50 per share combined with a final dividend of ₹80 per share. While the company maintains a dividend yield of 0.61%, its history of consistency is notable, having declared 33 dividends since June 2001.
Bajaj Finance and Bajaj Finserv Payout Details
Other major entities within the conglomerate are also rewarding shareholders:
- Bajaj Finance: The company has recommended a final dividend of ₹6 per share for the financial year 2026. This includes a special payout of ₹0.60 per share, stemming from exceptional gains realized during the sale of Bajaj Housing Finance Limited (BHFL) shares. This payout is expected to be credited on or after August 3.
- Bajaj Finserv: To celebrate the 100-year milestone of the Bajaj Group, the company has announced a dividend of ₹1.50 per share, which includes a 20% special payout. The total dividend outlay for Bajaj Finserv stands at ₹240 crore, a significant jump from the ₹160 crore distributed in the previous year.
Other Notable Dividend Dates
The dividend season is not limited to the Bajaj Group. Other companies have also fixed Tuesday as their record date for payouts. Maharashtra Scooters has declared a dividend of ₹60 per share, while Welspun Corp has announced a payout of ₹5 per share. Investors tracking these movements should monitor their demat credits closely as these companies move through their respective payout schedules.
Key Takeaways
- Deadline Alert: Today is the last day to purchase Bajaj Finance, Bajaj Finserv, and Bajaj Holdings shares to qualify for dividends due to the T+1 settlement rule.
- Maximum Payout: Bajaj Holdings and Investment offers the highest dividend among the group, totaling ₹130 per share (₹50 special + ₹80 final).
- Strategic Dividends: Bajaj Finance’s dividend includes a special ₹0.60 component from the sale of BHFL shares, while Bajaj Finserv’s payout includes a 20% special component celebrating the group's centenary.
