Dividend is one of the important corporate announcements every investor wants to hear from the side of the company. Dividend is nothing but sharing of profit by the company with its shareholders. It always attracts investors to being invested in the company to receive dividends. Regular dividend-paying companies are always on the radar of investors. The ex-dividend date is when the price of the equity shares of a company gets adjusted for the dividend pay-out. It is one or two working days before the record date. All the shareholders whose names appear in the company list by the end of the record date will be eligible to receive dividends. Businesses provide dividend payments to attract investors. Usually, to be conservative, the business’s pay-out ratio is low enough that it has plenty of cash to invest in the future of the business and make current payments.
The ex-dividend price is the price of the equity shares of a company that gets adjusted for the dividend pay-out.
Total of 87 Stocks are going to trade ex-dividend in the month of June 2023 out of these, 79 companies have announced a final dividend, 5 companies have announced interim dividend, and the rest 2 companies have announced special dividend. One company named Aptech Ltd has announced both an Interim dividend and Final dividend.
Here is the list of stocks that will trade ex-dividend in the month of June 2023:
Companies with Final dividend:
Company Name | Type | Announcement Date | Record Date | Ex-Dividend |
Aptech | Final | 19-05-2023 | 01-06-2023 | 01-06-2023 |
Infosys | Final | 13-04-2023 | 02-06-2023 | 02-06-2023 |
Havells India | Final | 03-05-2023 | – | 02-06-2023 |
IndusInd Bank | Final | 24-04-2023 | 02-06-2023 | 02-06-2023 |
JSW Energy | Final | 23-05-2023 | – | 02-06-2023 |
Mahindra CIE | Final | 22-02-2023 | – | 02-06-2023 |
SKM Egg Products Export | Final | 26-05-2023 | 05-06-2023 | 05-06-2023 |
NELCO | Final | 24-04-2023 | – | 06-06-2023 |
Prime Secutries | Final | 21-04-2023 | – | 06-06-2023 |
Seshasayee Paper | Final | 02-05-2023 | – | 06-06-2023 |
Marksans Pharma | Final | 25-05-2023 | 07-06-2023 | 07-06-2023 |
Optiemus Infra | Final | 26-05-2023 | 07-06-2023 | 07-06-2023 |
Tata Power | Final | 04-05-2023 | – | 07-06-2023 |
Ponni Sugars(E) | Final | 28-04-2023 | – | 08-06-2023 |
Asian Paints | Final | 11-05-2023 | 09-06-2023 | 09-06-2023 |
Himadri Speciality Chemical | Final | 28-04-2023 | – | 09-06-2023 |
Bhansali Eng | Final | 22-05-2023 | – | 09-06-2023 |
Cigniti Technologies | Final | 02-05-2023 | 09-06-2023 | 09-06-2023 |
Elecon Engineering | Final | 25-04-2023 | – | 09-06-2023 |
HDFC AMC | Final | 25-04-2023 | 09-06-2023 | 09-06-2023 |
Solar Industries | Final | 03-05-2023 | – | 09-06-2023 |
Indian Hotels | Final | 27-04-2023 | – | 09-06-2023 |
Voltas | Final | 26-04-2023 | – | 09-06-2023 |
Indian Bank | Final | 08-05-2023 | – | 12-06-2023 |
Tata Inv Corp | Final | 05-05-2023 | – | 12-06-2023 |
Apcotex Industries | Final | 28-04-2023 | – | 12-06-2023 |
Diamines Chemical Ltd | Final | 08-05-2023 | – | 13-06-2023 |
LKP Finance | Final | 28-04-2023 | – | 13-06-2023 |
LKP Securities | Final | 26-04-2023 | – | 13-06-2023 |
Jindal Saw | Final | 17-05-2023 | – | 13-06-2023 |
Shankara Building products | Final | 11-05-2023 | – | 14-06-2023 |
Tata Chemicals | Final | 03-05-2023 | – | 14-06-2023 |
Canara Bank | Final | 08-05-2023 | 14-06-2023 | 14-06-2023 |
Visaka Industries | Final | 19-05-2023 | – | 15-06-2023 |
DCB Bank | Final | 04-05-2023 | 15-06-2023 | 15-06-2023 |
Piramal Enter | Final | 05-05-2023 | 16-06-2023 | 16-06-2023 |
Avantel Ltd | Final | 17-05-2023 | 16-06-2023 | 16-06-2023 |
Eimco Elecon India Ltd | Final | 24-04-2023 | – | 16-06-2023 |
HDFC Life | Final | 26-04-2023 | 16-06-2023 | 16-06-2023 |
Shriram Finance | Final | 27-04-2023 | – | 16-06-2023 |
SMC Global Securities | Final | 18-05-2023 | 16-06-2023 | 16-06-2023 |
High Energy | Final | 02-05-2023 | – | 16-06-2023 |
ACGL | Final | 08-05-2023 | – | 19-06-2023 |
HUL | Final | 27-04-2023 | – | 19-06-2023 |
Craftsman | Final | 08-05-2023 | – | 19-06-2023 |
Futuristic Sol | Final | 18-05-2023 | – | 19-06-2023 |
Cera Sanitary | Final | 10-05-2023 | – | 20-06-2023 |
Sagar Cement | Final | 10-05-2023 | – | 20-06-2023 |
Newgen Software Technologies | Final | 02-05-2023 | 20-06-2023 | 20-06-2023 |
Bank of India | Final | 08-05-2023 | 20-06-2023 | 20-06-2023 |
Shree Digvijay Cement | Final | 27-04-2023 | 21-06-2023 | 21-06-2023 |
Supreme Industries | Final | 28-04-2023 | – | 21-06-2023 |
Tata Steel | Final | 02-05-2023 | – | 22-06-2023 |
VTM Ltd | Final | 04-05-2023 | – | 22-06-2023 |
Rainbow Childrens Medicare | Final | 15-05-2023 | 22-06-2023 | 22-06-2023 |
eMudhra | Final | 28-04-2023 | – | 22-06-2023 |
DBOL | Final | 26-04-2023 | 23-06-2023 | 23-06-2023 |
Guj Heavy Chemicals Ltd | Final | 02-05-2023 | 24-06-2023 | 23-06-2023 |
PNB | Final | 19-05-2023 | – | 23-06-2023 |
Dutron Polymers | Final | 09-05-2023 | – | 23-06-2023 |
Raymond | Final | 09-05-2023 | 23-06-2023 | 23-06-2023 |
Titan Company | Final | 03-05-2023 | – | 26-06-2023 |
Supreme Petrochem | Final | 26-04-2023 | – | 27-06-2023 |
Welspun India | Final | 27-04-2023 | – | 27-06-2023 |
Bombay Oxygen | Final | 23-05-2023 | – | 27-06-2023 |
SKF India | Final | 17-05-2023 | 29-06-2023 | 29-06-2023 |
Bajaj Holdings | Final | 27-04-2023 | 30-06-2023 | 30-06-2023 |
Mah Scooters | Final | 24-04-2023 | 30-06-2023 | 30-06-2023 |
Bajaj Auto | Final | 25-04-2023 | 30-06-2023 | 30-06-2023 |
Syngene International | Final | 26-04-2023 | 30-06-2023 | 30-06-2023 |
Welspun Enterprises | Final | 19-05-2023 | – | 30-06-2023 |
Alufluoride Ltd | Final | 24-05-2023 | 30-06-2023 | 30-06-2023 |
Nilkamal | Final | 22-05-2023 | – | 30-06-2023 |
Sona BLW | Final | 03-05-2023 | 30-06-2023 | 30-06-2023 |
Bajaj Finserv | Final | 27-04-2023 | 30-06-2023 | 30-06-2023 |
Bank of Baroda | Final | 16-05-2023 | – | 30-06-2023 |
Nippon Life India Asset Management | Final | 25-04-2023 | 30-06-2023 | 30-06-2023 |
Bajaj Finance | Final | 26-04-2023 | 30-06-2023 | 30-06-2023 |
Vaibhav Global | Final | 17-05-2023 | – | 30-06-2023 |
Kuantum Papers | Final | 02-05-2023 | – | 30-06-2023 |
Companies with Interim dividend:
Company Name | Type | Announcement Date | Record Date | Ex-Dividend |
Shree Cements | Interim | 08-05-2023 | 01-06-2023 | 01-06-2023 |
Aptech | Interim | 19-05-2023 | 01-06-2023 | 01-06-2023 |
Trident | Interim | 15-05-2023 | 01-06-2023 | 01-06-2023 |
Standard Ind | Interim | 23-05-2023 | 01-06-2023 | 01-06-2023 |
Shyam Metalics | Interim | 24-05-2023 | 05-06-2023 | 05-06-2023 |
Uniparts India | Interim | 25-05-2023 | 07-06-2023 | 07-06-2023 |
Companies with Special dividend:
Company Name | Type | Announcement Date | Record Date | Ex-Dividend |
Steelcast | Special | 24-05-2023 | 02-06-2023 | 02-06-2023 |
Bhansali Eng | Special | 23-05-2023 | – | 09-06-2023 |
A special dividend is usually declared after exceptionally strong company earnings result to distribute the profits directly to shareholders. Special dividend is usually a one-time payment and a company most often does not experience many special dividends. The Interim dividend is basically one of two dividends given out by a company that is providing shareholders with income on a semi-annual basis. The interim dividend is usually paid out ahead of a firm’s annual general meeting and release of the final version of its financial statement. Investors must keep these stocks into the radar.
Published on: May 30, 2023, 11:44 AM IST
We're Live on WhatsApp! Join our channel for market insights & updates