LIC, Asian Paints, and HUL: 35 Stocks Set for Dividends and Bonuses This Week
Investors in the Indian equity markets face a busy week ahead as 35 companies, including several blue-chip heavyweights, have fixed record dates for various corporate actions. From high-value dividends to bonus issues and massive share buybacks, this week offers multiple opportunities for shareholders to enhance their investment value.
Major Dividend Payouts: Asian Paints and HUL Lead the Way
Tuesday, June 23, stands out as a significant day for dividend seekers, with 11 stocks turning ex-record date. Consumer goods giants are leading the charge with substantial payouts. Asian Paints has announced a final dividend of ₹23 per share, while Hindustan Unilever (HUL) will distribute ₹22 per share to its eligible investors.
Other notable dividend announcements for Tuesday include:
- Tata Power Company: ₹2.5 per share
- Thyrocare Technologies: ₹7 per share
- The Indian Hotels Company: ₹3.25 per share
- Dalmia Bharat & Anand Rathi: ₹5 per share each
Mid-Week Highlights: Bajaj Auto Buyback and ZF Commercial Bonus
Wednesday, June 24, features two high-impact corporate actions. ZF Commercial Vehicle Control Systems India has fixed this date for its 5:1 bonus issue, offering additional shares to existing investors.
More importantly, Wednesday is the critical record date for Bajaj Auto’s massive ₹5,633 crore share buyback program. Investors looking to participate in this capital return scheme must ensure their holdings are processed before this deadline. Additionally, Wheels India will turn ex-dividend with a payout of ₹9.14 per share.
Thursday’s Heavyweights: LIC and Supreme Industries
The momentum continues into Thursday, June 25, with a long list of companies turning ex-record date. Life Insurance Corporation of India (LIC) is set to pay a final dividend of ₹10 per share, a key move for retail investors holding the state-run giant.
In terms of pure value per share, Supreme Industries leads the Thursday cohort with a significant dividend of ₹25 per share. Other key players include:
- Nippon Life India AMC: ₹12.5 per share
- Care Ratings: ₹14 per share
- Alkyl Amines Chemicals: ₹10 per share
- IndusInd Bank: ₹1.5 per share
- Dr Lal Pathlabs: ₹4 per share
Understanding the Record Date
For all the aforementioned actions—whether it is a dividend, a bonus issue, or a buyback—investors must hold the required number of shares in their demat accounts on the specified "record date." Being "ex-record date" means that if you purchase the stock on or after this date, you will not be eligible to receive the upcoming corporate benefit.
Key Takeaways
- High-Value Dividends: Asian Paints (₹23) and Supreme Industries (₹25) are among the highest per-share dividend payers this week.
- Bonus and Buybacks: Watch for ZF Commercial’s 5:1 bonus issue and Bajaj Auto’s ₹5,633 crore buyback on Wednesday.
- Blue-Chip Activity: Major heavyweights like LIC, HUL, and IndusInd Bank are all scheduled for corporate actions this week.