Dividend Alert: Last Chance to Buy 11 Stocks Including HUL and Asian Paints

Investors looking to capture passive income must act quickly as 11 prominent stocks, including heavyweights like Asian Paints and Hindustan Unilever (HUL), turn ex-dividend today. With cumulative payouts reaching nearly ₹76 crore, understanding the timelines and specific dividend amounts is crucial for effective portfolio management.

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 record date to ensure the holdings are credited to their demat accounts in time. For the stocks turning ex-record date on Tuesday, June 23, today serves as the final opportunity for acquisition. This ensures that shares are credited by Friday, making investors eligible for the upcoming corporate actions.

Blue-Chip Giants: Asian Paints, HUL, and Tata Power

Several large-cap companies are leading the dividend announcements this week, offering varying levels of yield and payout structures:

  • Asian Paints: The company has recommended a final dividend of ₹23 per equity share for the financial year ending March 31, 2026. When combined with the interim dividend of ₹4.50 declared in November 2025, the total payout for FY26 stands at ₹27.50 per share. The dividend is subject to approval at the AGM on July 9 and is expected to be paid on or after July 13.
  • Hindustan Unilever (HUL): A consistent dividend payer, HUL has proposed a final dividend of ₹22 per share. Combined with an interim dividend of ₹19 per share from October 2025, the total dividend payout for FY26 is projected at a massive ₹9,633 crore. HUL currently maintains a dividend yield of 1.96%.
  • Tata Power: The power major has fixed June 23 as the record date for a final dividend of ₹2.5 per share, representing a dividend yield of 0.56%.

Mid-Cap and Other Notable Payouts

Beyond the blue-chip leaders, several other companies have scheduled record dates for Tuesday to distribute dividends:

  • Indian Hotels Company (IHCL): The board has recommended a dividend of ₹3.25 per equity share (325% of the Re 1 face value), pending shareholder approval at the upcoming AGM.
  • Thyrocare Technologies: Offering one of the higher per-share payouts in this group at ₹7 per share.
  • Anand Rathi Share & Stock Brokers & Dalmia Bharat: Both companies have announced a dividend of ₹5 per share.
  • Other Participants: The list also includes GNA Axles (₹3), Master Components (₹0.75), Fredun Pharmaceuticals (₹0.7), DAR Credit & Capital (₹0.5), and GNA Axles (₹3).

Key Takeaways

  • Deadline Alert: Today is the last trading day to buy these 11 stocks to remain eligible for the dividends due to the T+1 settlement cycle.
  • High-Value Payouts: Large-cap leaders like HUL and Asian Paints are distributing significant amounts, with HUL's total FY26 payout reaching ₹9,633 crore.
  • Dividend Yields: While Asian Paints offers a total FY26 dividend of ₹27.50, HUL remains a strong yield play with a 1.96% dividend yield.