Last date to buy these 3 Tata Group stocks for dividends worth Rs 89. Do you own any?

As many as three Tata Group companies, including Tata Chemicals, Tata Elxsi and Tata Investment Corporation, have set June 10 (Wednesday) as the record date for their respective dividends cumulatively worth Rs 89.4, effectively making today the last day for investors to buy their shares to be eligible for the rewards.

Under market regulator SEBI’s T+1 settlement cycle, investors need to 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. This effectively makes today the last opportunity for investors to buy the shares so that they are credited to their accounts by the record date (June 10), making them eligible for the dividends.

Tata Chemicals dividend

Tata Chemicals in May had announced a dividend of Rs 11 per share (110%) with a face value of Rs 10 each, subject to shareholders’ approval at the firm’s upcoming Annual General Meeting scheduled for June 26.

The company has declared 30 dividends since June 2001, and currently has a dividend yield of more than 1.5%, according to data on Trendlyne.

Tata Chemicals shares have fallen more than 3% in one week and 9% in one month. The shares have declined 24% in one year, 29% in three years and 5% in five years.

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Tata Elxsi dividend

Tata Elxsi announced a dividend of Rs 75 per share (750%) with a face value of Rs 10 each in April this year. This too is subject to shareholders’ approval at the company’s upcoming Annual General Meeting scheduled later this month

The tech company has declared 27 dividends since June, 2001, and has a dividend yield of 1.76%, according to data on Trendlyne.

Tata Elxsi shares have fallen over 1.5% in one week, 2% in one month and 19% in 2026 so far. The stock tumbled 34% in one year and 46% in three years, but it has gained over 13% in five years.

Tata Investment Corporation dividend

In April, Tata Investment Corporation’s board of directors recommended a dividend of Rs 3.40 per share (340%) with a face value of Rs 1 each. This dividend will be paid after the firm’s Annual General Meeting (AGM) scheduled for July 1.The company has declared 31 dividends since September, 2000 and has a dividend yield of 0.41%, adjusting for bonus and stock splits, according to data on Trendlyne.

Tata Investment Corporation shares have fallen 4% in one week and 10% in one month. The stock declined more than 5% in one year, but gained 177% in three years and 462% in five years.

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