Asian Paints Ltd. and Hindustan Unilever Ltd. (HUL) are trading ex-dividend today, with June 23, 2026 serving as the record date for these major dividend payouts. According to CNBC TV18, this represents a significant opportunity for dividend-focused investors to secure shares before the record date cutoff. The list includes Dalmia Bharat (₹5 per share), GNA Axles (₹3 per share), Indian Hotels Company Ltd (₹3.25 per share), Tata Power (₹2.50 per share), and Thyrocare Technologies (₹7 per share). Investors must hold shares of these companies in their demat accounts on the respective record dates to be eligible for the corporate actions. Asian Paints shares closed at ₹2,660.70 on BSE, down 0.52%, while HUL shares finished at ₹2,159.75, down 1.16%. Shares typically adjust lower on the ex-date to reflect the dividend entitlement, making today the last opportunity for investors to purchase these stocks and qualify for their announced payouts.
Asian Paints announced a final dividend of ₹23 per share alongside its fourth quarter results, marking the highest payout by the company since June 2024, when it had announced ₹28.15 per share. Hindustan Unilever declared a final dividend of ₹22 per share, which was also the highest payout announced by the company since June of last year, when the final dividend was ₹23 per share. Allied Blenders and Distillers will pay dividends worth ₹5.4 per share, Care Ratings ₹14 per share, and Dr Lal Pathlabs ₹4 per share. Other notable payouts include Alkyl Amines Chemicals ₹10 per share, Anthem Biosciences ₹2 per share, Ganesh Green Bharat ₹0.5 per share, GIC Housing Finance ₹4.5 per share, Mawana Sugars ₹4 per share, Nippon Life India AMC ₹12.5 per share, SJS Enterprises ₹3.5 per share, Sona BLW Precision Forgings ₹1.8 per share, Syngene International ₹1.25 per share, Uflex ₹3 per share, Vaibhav Global ₹1.5 per share, and Visaka Industries ₹1.2 per share. IndusInd Bank will pay a final dividend of ₹1.5 per share.
Tuesday, June 23, 2026 has been set as the record date for several major dividend payouts, making Monday, June 23, 2026 the last trading day for investors to purchase these stocks and become eligible for the dividend payouts. According to The Economic Times, under SEBI's T+1 settlement cycle, investors must 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. This timeline ensures proper settlement and eligibility for the dividend payments across all participating companies. Asian Paints has recommended a final dividend of ₹23 per share of face value ₹1 each for FY26, subject to shareholders' approval at the upcoming annual general meeting on July 9, 2026, with the dividend to be paid on or after July 13, 2026. Hindustan Unilever Ltd has recommended a final dividend of ₹22 per share for the year ending March 2026, subject to shareholder approval, with the company having earlier paid an interim dividend of ₹19 per share on November 20, 2025, bringing the total dividend for the period to ₹41 per equity share.
Asian Paints has received positive analyst recommendations with ICICI Direct and Axis Direct both recommending BUY for a target price of ₹3,180 and ₹3,130 respectively, indicating potential 17% to 20% upside. As per Goodreturns, analysts noted that the company has undertaken a 10%-11% price hike to mitigate input cost pressure and expects standalone business to grow by mid-teens in FY27. The management has maintained its guidance of 18-20% EBITDA margins in the near term, with analysts expecting margins to remain close to the lower end in H1FY27 and improve in H2FY27. Hindustan Unilever has received a BUY consensus from 38 analysts as per Trendlyne data, with analysts at Geojit highlighting steady performance due to smart product line changes and stronger online presence. The company expects midterm margins guided within the current range with investments in premium products and factory expansions expected to strengthen market position.
Indian equity markets head into the week with Nifty 50 closing at 24,013 after snapping a five-session winning streak on Friday. According to NDTV Profit, the index fell 154.90 points on the last session as IT stocks bore the brunt of selling due to Accenture's guidance cut. Despite the Friday decline, the Nifty 50 still ended the week up 1.65%, suggesting underlying market structure remains intact. Foreign institutional investors (FIIs) remained net sellers through June, offloading shares worth ₹47,903 crore on a month-to-date basis, while domestic institutions provided support with net buying of ₹66,215 crore over the same period. On June 18, FIIs sold a net ₹1,025 crore in the cash segment while DIIs bought ₹3,516 crore, a pattern that has largely defined market direction through the month.
