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Top Indian Firms Set June 26 Cutoff for FY25 Dividend Eligibility

Under India’s T+1 settlement cycle, investors must complete share purchases by June 26 to qualify for payouts nearing Rs 18,000 crore pending AGM approvals

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Overview

  • Cipla’s board declared a final dividend of Rs 13 and a special dividend of Rs 3 per share, totalling around Rs 1,292 crore with a June 27 record date
  • HDFC Bank announced its highest-ever payout of Rs 22 per share valued at about Rs 16,834 crore, subject to approval at its August 8 AGM
  • Allied Blenders recommended a Rs 3.6 per share final dividend for FY25, with payouts to follow within 30 days of shareholder approval
  • Bajaj Finserv set a dividend of Rs 1 per share after reporting a 14% year-on-year rise in Q4 net profit, and investors must hold shares by June 26 to qualify
  • The dividend announcements coincide with strong Q4 results, including 30% profit growth at Cipla, a 7% rise at HDFC Bank, and Allied Blenders posting Rs 78.6 crore net profit on 20.8% volume growth