As many as 49 companies have fixed July 6-10 as the record date for their respective corporate actions, including bonus issues, stock splits, and dividends. According to The Economic Times, this represents a significant opportunity for investors across multiple sectors including automobiles, pharmaceuticals, financial services, engineering, technology and manufacturing. The broader context shows that over 400 companies in the S&P 500 Index pay dividends, with investors able to focus on select groups like the Dividend Aristocrats - companies that have increased their dividend for at least 25 consecutive years. As of July 1, 2022, there are only 63 stocks on this exclusive list, making it easier to narrow down investment choices for long-term dividend strategies.
Titan Company emerges as the standout performer with its highest-ever final dividend worth ₹15 per share, subject to approval at the 42nd annual general meeting on July 27. As reported by The Economic Times, this represents a significant increase from previous dividend payments. JSW Steel follows closely with a final dividend of ₹7.10 per share, while Cera Sanitaryware will pay the highest dividend among Tuesday stocks at ₹75 per share. Among large-cap names, Mphasis has announced ₹62 per share, and both United Spirits and Sundaram Finance have declared final dividends of ₹11 per share and ₹24 per share respectively. These companies join the broader list of 49 stocks offering substantial dividend opportunities across various sectors.
Today is the last day for investors to purchase shares of 6 stocks that have fixed July 7 as their record date for dividend payouts. Under SEBI's T+1 settlement cycle, investors must purchase shares at least one trading day before the record date to ensure shares are credited to demat accounts in time and become eligible for corporate actions. JSW Steel has fixed Tuesday as the record date for its final dividend of ₹7.10 per share for the financial year 2026, with the dividend to be paid within 30 days of declaration once approved by shareholders during the upcoming Annual General Meeting. Sun Pharma will also pay ₹5 per share on this date, following its earlier dividend payments of ₹5.50 in July 2025 and ₹10.50 in February 2025.
Investors seeking high dividend yield opportunities are turning to companies like Vedanta Ltd., which tops the charts at approximately 12% yield. According to ET Now, Vedanta is known for its aggressive dividend policy supported by cash flows from its metals and resources business, held by around 76 mutual funds and carrying a four-star rating from Value Research. Gujarat Pipavav Port delivers a solid 6.7% yield with strong institutional backing from about 9 mutual funds and a five-star rating. Oil and Natural Gas Corporation (ONGC) offers a 5.5% yield with around 92 mutual funds holding the stock, while Tata Consultancy Services (TCS) records a 5.2% yield backed by strong cash generation and held by approximately 156 mutual funds. Infosys rounds off the list with a 4.5% yield, enjoying the broadest mutual fund interest with around 244 funds holding the stock.
Monday, July 6 sees four companies trading ex-dividend: DCM Shriram International at ₹0.4 per share, DJ Mediaprint & Logistics at ₹0.15 per share, Pilani Investment and Industries Corporation at ₹9 per share, and Sundaram Finance at ₹24 per share. Tuesday, July 7 features six companies with JSW Steel offering ₹7.10 per share, Sun Pharma paying ₹5 per share, and Cera Sanitaryware continuing its high dividend. V Marc India will implement its first-ever 5:1 bonus issue on this date, making today the last day for investors to buy shares for bonus rewards. Wednesday, July 8 includes Mphasis at ₹62 per share and United Spirits at ₹11 per share, while Gujarat Inject (Kerala) will execute a 1:10 stock split. Thursday, July 9 brings Titan Company at ₹15 per share and RPG Life Sciences at ₹24 per share. Friday, July 10 is the busiest day with 29 companies scheduled for action, including Axis Bank at ₹1 per share, BSE at ₹10 per share, Nestle India at ₹5 per share, Dr. Reddy's Laboratories at ₹8 per share, and JK Cement at ₹20 per share.
