As many as 12 companies are set to turn ex-record dates for their respective dividends cumulatively worth more than Rs 250 on Friday, effectively making today the last date to buy shares in order to be eligible for the payout in this holiday-shortened week.
Only those shareholders who own the shares of these companies in their demat accounts on Friday will be eligible to receive the dividend. As per SEBI's T+1 settlement norm, investors must buy the company's shares at least one trading day before the record date so that they are credited to their demat accounts by that date, making them eligible for the reward.
However, markets will remain closed on May 28 (Thursday) on account of Bakri Id. This effectively makes May 27 (Wednesday) the last date to buy the shares so that they are credited to the shareholders’ accounts by the record date (Friday).
Bajaj Auto dividend
Two-wheeler maker Bajaj Auto stands out as one of the highest dividend payers among the pack, rolling out a final dividend of Rs 150 per equity share for the financial year 2026. The company has fixed Friday, May 29 as the record date to determine shareholders' eligibility.
The company has declared 20 dividends since June, 2008 and has a dividend yield of 2%. Once approved by the shareholders at the upcoming Annual General Meeting (AGM), the latest dividend of Rs 150 per share will be paid to the eligible shareholders on or around July 24 this year.
GSK Pharma dividend
GSK Pharma has fixed Friday as its record date for its final dividend of Rs 57 per equity share for FY26. The company has a dividend yield of nearly 2%, according to data on Trendlyne.
ICICI Lombard General Insurance Company will turn ex-dividend on Friday for its final dividend of Rs 7 per share. Eris Lifesciences, JB Chemicals and Torrent Pharma will trade ex-dividend on Friday for their dividends of Rs 7.21 per share, Rs 9.3 per share and Rs 9 per share, respectively.
Other companies which have set May 29 (Friday) as the record date for their respective dividends include Bank of India (Rs 4.65 per share), Caplin Point Laboratories (Rs 4 per share), Uno Minda (Rs 1.75 per share), BCPL Railway Infrastructure (Re 1 per share), Phoenix Overseas (Rs 0.6 per share) and S Chand and Company (Rs 4 per share).
Along with these 12 companies, the shares of LIC will turn ex-record date on Friday for their first-ever bonus issue in the ratio of 1:1. Le Merite Exports meanwhile also has set May 29 as the record date for their stock split.
