Dividend Alert: Last Chance to Buy Asian Paints, HUL, and Tata Power

Investors looking to capitalize on corporate actions have a narrow window to act as 11 prominent stocks prepare to go ex-dividend. With a cumulative dividend payout worth nearly ₹76 crore on the line, today marks the final deadline for shareholders to secure eligibility.

Understanding the T+1 Settlement Deadline

Under SEBI’s current T+1 settlement cycle, timing is critical for retail investors. To be eligible for the dividends being distributed, investors must purchase the qualifying shares at least one trading day before the record date. Since several major companies have fixed June 23 as their record date, today serves as the final opportunity to buy these shares. This ensures that the stocks are credited to the investor's demat account by Friday, meeting the necessary criteria for the corporate action.

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

Several heavyweights from the Nifty indices are leading the dividend distribution list for this period:

  • 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 reaches ₹27.50 per share. The payment is expected on or after July 13, pending AGM approval on July 9.
  • Hindustan Unilever (HUL): A consistent dividend payer, HUL has announced a final dividend of ₹22 per share. Including the ₹19 interim dividend 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 energy major has fixed June 23 as the record date for a final dividend of ₹2.5 per share. The company holds a dividend yield of 0.56% and has a history of declaring 27 dividends since July 2001.

Other Notable Dividend Payers

The list of companies going ex-dividend also includes major players in the hospitality and financial sectors. Indian Hotels Company (IHCL) has recommended a dividend of ₹3.25 per equity share (325% of the ₹1 face value), which will be paid within five days of shareholder approval at the upcoming AGM.

Additionally, several mid-cap and specialized stocks are turning ex-record date today, including:

  • Thyrocare Technologies: ₹7 per share
  • Anand Rathi Share & Stock Brokers: ₹5 per share
  • Dalmia Bharat: ₹5 per share
  • GNA Axles: ₹3 per share
  • Master Components: ₹0.75 per share
  • Fredun Pharmaceuticals: ₹0.7 per share
  • DAR Credit & Capital: ₹0.5 per share

Key Takeaways

  • Final Opportunity: Today is the last day to purchase shares for 11 companies to be eligible for dividends due to the T+1 settlement rule.
  • Major Payouts: High-profile stocks like Asian Paints and HUL are leading the list, with HUL's total FY26 payout expected to reach ₹9,633 crore.
  • Record Date: June 23 serves as the pivotal record date for the majority of these stocks, including Tata Power and IHCL.