Dividend alert! Last day to buy HDFC Bank, Tata Motors PV, 14 other stocks for dividends worth Rs 248

As many as 16 stocks including HDFC Bank, Tata Motors Passenger Vehicles, HDFC Life and others are set to turn ex-record date for dividends on Friday (June 19), effectively marking today the last day for interested investors to buy the shares to be eligible for payments cumulatively worth nearly Rs 248.

Under SEBI‘s T+1 settlement cycle, investors must purchase a company’s shares at least one trading day before the record date to ensure the shares are credited to their demat accounts in time, and they become eligible for the corporate action. Accordingly, today is the last opportunity for investors to buy the shares so that they are credited to their accounts by Friday, making them eligible for the dividends.

HDFC Bank dividend

HDFC Bank in April announced that its board has recommended a final dividend of Rs 13 per share with a face value of Re 1 each for the financial year which ended on March 31, 2026. This takes the total dividend for FY26 to Rs 15.50 per equity share.

HDFC Bank has declared 28 dividends since April, 2001 and currently has a dividend yield of 3.42%, according to data on Trendlyne.

Tata Motors Passenger Vehicles dividend

Tata Motors Passenger Vehicles (TMPV) in May said that its board has recommended a final dividend of Rs 3 per share for the financial year 2026, which would be paid to the eligible shareholders on or before July 14.

The Tata Harrier-maker has declared 20 dividends since July, 2002, according to data on Trendlyne. Notably, this includes the dividends the automaker announced before the demerger of its commercial vehicle business last year.

Tata Communications dividend

Tata Communications will turn ex-record date for a dividend of Rs 17.5 per share for FY26 tomorrow. The company has declared 28 dividends since August, 2000 and has a dividend yield of 1.29%, according to data on Trendlyne.

HDFC Life Insurance Company

HDFC Life Insurance Company has also set Friday as the record date for its final dividend of Rs 2.1 per share. The dividend is scheduled to be paid to the eligible shareholders on or after July 20.

Also read: Brigade Enterprises shares rally 10% after bonus issue. Here’s why you can ignore the 22% plunge

Other stocks turning ex-record date for dividends tomorrow

Sanofi Consumer Healthcare India will turn ex-record date for a final dividend of Rs 75 per share tomorrow, accounting for the highest payout among the pack of stocks whose record date for dividend has been fixed on Friday. Indiamart Intermesh meanwhile will pay a special dividend of Rs 30 and a final dividend of Rs 30.

Polycab India has fixed Friday as the record date for a final dividend of Rs 47 per share. FMCG major AWL Agri Business (formerly Adani Wilmar Limited) tomorrow will turn ex-record date for a final dividend of Rs 1 per share.

Other companies turning ex-record date for dividends include Amba Enterprises (Rs 0.75 per share), Corona Remedies (Rs 10 per share), GHCL Textiles (Rs 0.6 per share), Hindusthan Insulators & Industries (Rs 0.5 per share), India Shelter Finance Corporation (Rs 10 per share), Raghav Productivity Enhancers (Rs 1 per share), Solitaire Machine Tools (Rs 1.5 per share) and Torrent Power (Rs 5 per share).

Along with these stocks, Deepak Builders & Engineers India has fixed Friday as the record date for its 1:10 stock split, while String Metaverse will turn ex-record date for a bonus issue in the ratio of 2:9 tomorrow.

Also read: Dividends and bonus issues! 31 stocks turning ex-record date this week. Do you own any?

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