Dividends, bonus issues: TCS, LIC, Bajaj Auto among 30 stocks turning ex-date this week. Check details
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Approximately 30 Indian stocks including TCS, LIC, Bajaj Auto, Tata Consumer Products, and others are scheduled to turn ex-date this week for dividends, bonus issues, and stock splits. Investors need to hold these shares on record dates to qualify for payouts and corporate actions.
Around 30 stocks are set to turn ex-date for corporate actions such as dividends, bonus issues, and more in the week between May 25 and 29. Stocks likely to be in focus include IT giant Tata Consultancy Services (TCS), two-wheeler major Bajaj Auto, FMCG firm Tata Consumer Products, state-run insurer LIC, and others.Investors must hold shares of these companies in their demat accounts on the record date to be eligible for the respective corporate actions. The list remains tentative, as more companies may announce record dates for dividends, bonus issues and stock splits during the week.TCS dividendIT major Tata Consultancy Services (TCS) last month announced a final dividend of Rs 31 per share (3,100%) for the financial year ended March 31, 2026. The company stated that the FY26 shareholder payout in the form of dividends stood at Rs 39,571 crore. The dividend will be paid to the eligible shareholders on June 12, subject to deduction of tax at source, the Tata Group company said in an exchange filing earlier this month.Tata Consumer Products dividendThe diversified FMCG arm of the Tata Group, Tata Consumer Products, will trade ex-dividend on Monday for its Rs 10 dividend for FY26. The dividend, if approved by shareholders at its upcoming Annual General Meeting on June 10, will be paid to the eligible shareholders on or after June 15, 2026.LTI Mindtree dividendLTI Mindtree late in April said that its board of directors has recommended a final dividend of Rs 53 per share with a face value of Re 1 each, subject to shareholders’ approval at its upcoming AGM on June 1. LTM has fixed the record date at May 25 for a final dividend payout.Fabric and apparel manufacturer Siyaram Silk Mills has set May 25 as the record date for its special dividend of Rs 4 per share. Aurique meanwhile will turn ex-record date on the same day for its 6:1 bonus issue.Hatsun Agro Product will turn ex-dividend on May 26 (Tuesday) for its interim dividend of Rs 10 per equity share. Dhampur Sugar Mills, which is an integrated sugarcane processing firm, has declared an interim dividend of Rs 2 per share, with the stock scheduled to trade ex-dividend on Tuesday.IRB Infrastructure Developers, operating in road and highway construction management, has announced an interim dividend of Rs 0.05 per share. The stock turns ex-dividend on May 26. FMEC International Financial Services has fixed Tuesday as the record date for two corporate actions. The stock will turn ex-date simultaneously for a stock split and a 1:10 bonus issue.Shares of IB Infotech meanwhile on Tuesday will trade ex-date for a 10:1 stock split. The company will subdivide its existing equity shares of a face value of Rs 10 each into 10 equity shares of a face value of Re 1 each. GPT Infraprojects has Tuesday as the record date for its Re 1 dividend.ITC dividendITC board of directors recommended a final dividend of Rs 8 per share for the financial year ended March 31, 2026. The FMCG major fixed Wednesday, May 27, as the record date for the purpose of determining the eligibility of the members for the final dividend. The dividend payment will be subject to shareholders' approval at the 115th Annual General Meeting of the company, which has been convened for Thursday, July 23, and will be paid between Friday, July 24 and Wednesday, July 29.On Wednesday, the shares of Chemcon Speciality Chemicals and Page Industries will also turn ex-record date for their respective dividends. Shah Metacorp meanwhile has fixed Wednesday as the record date for its rights issue. Aptech shares on the other hand will turn ex-record date for its dividend on Thursday.Bajaj Auto dividendTwo-wheeler maker Bajaj Auto stands out as one of the highest dividend payers on this week’s list, rolling out a final dividend of Rs 150 per equity share. The company has fixed Friday, May 29 as the record date to determine shareholders' eligibility.LIC bonus issueLife Insurance Corporation of India's (LIC) board last week approved issuance of bonus shares in 1:1 proportion and India's largest life insurer has set May 29 as the record date to determine shareholders' eligibility for the payment of an extra share. Under the issue, the company will pay one new fully paid-up equity share of Rs 10 each for every one existing fully paid-up equity share of Rs 10 each.GSK Pharma has fixed Friday as its record date for its final dividend of Rs 57 per equity share for FY26. ICICI Lombard General Insurance Company will turn ex-dividend on Friday for its final dividend of Rs 7 per share. Eris Lifesciences will trade ex-dividend on Friday for its interim dividend of Rs 7.21 per share.Bank of India, Caplin Point Laboratories, Uno Minda, BCPL Railway Infrastructure, JB Chemicals & Pharmaceuticals, Phoenix Overseas, S Chand and Company, Torrent Pharma and others also have their record dates on Friday.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Econom