A total of 16 stocks are set to turn ex-record date for dividends on June 5, making today the last day for interested investors to buy the shares and be eligible for the rewards. Under SEBI's T+1 settlement cycle, investors need to purchase a company's shares at least one trading day before the record date to ensure the shares are credited to their demat accounts in time, and they become eligible for the corporate action. The dividend payouts range from ₹0.01 to ₹54 per share across companies, with investors buying today being eligible for the payments.
Reliance Industries has established June 5 as the record date for its final dividend of ₹6 per share for FY26, making June 4 the final day for investors to purchase shares and become eligible for the dividend payment. HDFC AMC leads the list with the highest dividend of ₹54 per share for its final dividend, while Bank of Baroda offers ₹8.5 per share for its final dividend. Cipla will turn ex-record date tomorrow for its interim dividend of ₹13 per share, and JSW Energy is set to go ex-record date for a final dividend of ₹2 per share. Bank of Maharashtra and BEML have also fixed Friday as the record date for their dividends of ₹1.2 per share and ₹2.3 per share, respectively. Pilani Investment and Industries Corporation Limited, an investment arm of the Aditya Birla Group, has recommended a ₹9 per share dividend for FY26, subject to shareholder approval at the upcoming AGM.
Other companies setting June 5 as the record date include Archean Chemical Industries (final dividend of ₹2.5 per share), Jagran Prakashan (special dividend of ₹3 per share and interim dividend of ₹7 per share), Mahickra Chemicals (interim dividend of ₹0.15 per share), MKVentures Capital (interim dividend of ₹0.25 per share), Ponni Sugars (final dividend of ₹5 per share), Qgo Finance (interim dividend of ₹0.15 per share), Spacenet Enterprises (interim dividend of ₹0.01 per share), and Vertoz (interim dividend of ₹0.1 per share). The comprehensive list spans across various sectors, providing multiple opportunities for investors seeking dividend-yielding stocks.
This marks the company's latest dividend distribution, following a ₹5.5 per equity share dividend paid in August last year and an interim dividend of ₹10 per share in August 2024. As reported by The Economic Times, investors also benefited from a 1:1 bonus issue in October 2024. The current dividend represents a continuation of the company's shareholder return strategy despite recent market challenges and the ongoing IT sector correction. Reliance Industries had more than 42.06 lakh shareholders as of the December quarter of FY26, with promoters and the promoter group owning 50.01% while public shareholders held the remaining 49.99%.
Reliance Industries reported mixed financial results for Q4 FY26, with consolidated net profit declining 13% year-on-year to ₹16,971 crore despite revenue from operations rising 13% YoY to ₹2.98 lakh crore. According to LiveMint, Chairman and MD Mukesh Ambani attributed the performance to geopolitical disruptions, volatile energy prices, and shifting global trade patterns that impacted businesses worldwide. The company's diversified portfolio and strong domestic orientation helped navigate external volatility. For the full FY26, the Mukesh Ambani-led conglomerate posted a net profit of ₹80,775 crore, up 16% from ₹69,648 crore in FY25, with revenue from operations rising 9.75% to ₹10,75,675 crore.
