Key facts
- Over 30 companies, including five Adani Group and four Tata Group firms, have set June 12 as the record date for dividend payouts.
- Investors must purchase shares by June 11 to be eligible for these dividends.
- The cumulative dividend payout across these companies is nearly ₹300 per share.
- Adani Group companies paying dividends include ACC, Adani Enterprises, APSEZ, Adani Total Gas, and Ambuja Cements.
- Tata Group companies paying dividends include Tata Motors, Tata Steel, Trent, and Voltas.
More than 30 companies, including five from the Adani Group and four from the Tata Group, have set June 12 as the record date for their dividend payouts. Investors aiming to receive these dividends must purchase shares by June 11 to ensure they are credited to their demat accounts by the record date, adhering to SEBI's T+1 settlement norm.
The Adani Group companies with a June 12 record date for dividends are ACC (₹7.5 per share), Adani Enterprises (₹1.3 per share), Adani Ports and Special Economic Zone (APSEZ) (₹7.5 per share), Adani Total Gas (₹0.25 per share), and Ambuja Cements (₹2 per share).
From the Tata Group, Tata Motors, Tata Steel, and Voltas will each pay a dividend of ₹4 per share, while Trent will distribute ₹6 per share. Trent recently underwent a 1:2 bonus issue, which adjusted its stock price accordingly.
Several other notable companies, including Canara Bank (₹4.2 per share), ICICI Prudential Asset Management Company (₹12.4 per share), JM Financial (₹1.75 per share), Piramal Finance (₹11 per share), and Punjab National Bank (₹3 per share), also have June 12 as their dividend record date.