Big week for those looking out for attractive dividend payout. Four Tata Group stocks are set to pay hefty dividends to their investors this week. But it is important to check the record date and the day the stock goes ex-dividend to maximise the outcome. Here is a quick look at the ex-date for Tata Elxsi, Tata Investment Corporation, Tata Chemicals, and Trent.
Tata Elxsi announces Rs 75 per share dividend
The record date for Tata Elxsi is on June 11. This means shareholders need to buy the stock a day before the stock goes ex-dividend to be eligible for the dividend payout. Therefore, all those who own the Tata Elxsi shares on or before today would qualiy for the Rs 75 per share dividend payout.
Just to explain to our readers, the record date is when the company finalises the list of all those shareholders who are eligible for the dividend payout.
This is the highest dividend ever announced by Tata Elxsi since 2003. It has declared a total of 24 dividends since July 2003. The dividend yield at the current market price is a little higher than 1%.
Tata Investment Corporation announces Rs 27 per share dividend
The record date for Tata Investment Corporation is June 10. This essentially means that those who have the stock on or before June 9 will be eligible for the dividend payout. The company has been paying dividends every year since October 2003. There have been a total of 24 dividends paid so far. The dividend yield is around 0.7%.
According to the exchange filing by Tata Investment, “The Company has fixed the Record Date as Tuesday, June 10, 2025, for payment of dividend, subject to approval of shareholders at the forthcoming 88th Annual General Meeting (AGM) scheduled to be held on Tuesday, July 1, 2025.”
Shareholders need to buy the shares by June 9 because the share settlement is as per T+1 settlement. This means the trade is settled one day after the transaction date. Therefore, investors need to buy the shares a day before record date to ensure that the transaction is reflected in their demat account on the record date, the very next day.
Tata Chemicals announces Rs 11 per share dividend
Tata Chemicals share will go ex-dividend on June 11,
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