Market Performance
Global indices opened mixed on Monday, yet domestic focus stayed firmly on six dividend-heavy counters. Since an ex-dividend session typically sees price adjustments roughly matching the declared payout, traders watched NELCO, Asian Paints, Tata Elxsi Ltd, Indian Bank, Johnson Controls-Hitachi Air Conditioning India Ltd, and Tata Investment Corporation for potential one-day volatility. Short-term moves aside, the record dates drive investor attention toward dividend eligibility rather than intraday price swings.
Main News
Five of the six stocks turn ex-dividend between 9 June and 10 June 2025:
|
Date |
Company |
Dividend/Share |
Face Value |
Fiscal Year |
|
9 Jun 2025 |
NELCO Ltd |
₹1 |
₹10 |
FY 2025 |
|
10 Jun 2025 |
Asian Paints Ltd |
₹20.55* |
₹1 |
FY 2025 |
|
10 Jun 2025 |
Indian Bank |
₹16.25 |
₹–– |
FY 2025 |
|
10 Jun 2025 |
Johnson Controls-Hitachi AC India |
₹15 |
₹–– |
FY 2025 |
|
10 Jun 2025 |
Tata Investment Corporation |
₹27 |
₹–– |
FY 2025 |
Asian Paints’ final payout raises the total FY 2025 dividend to ₹24.80 per share when the interim dividend of ₹4.25, declared last November, is included.
Record-date checklist
- T+1 rule: Shares must be purchased one trading day before the record date.
- NELCO investors needed to buy by Friday, 6 June.
- For the other four names, the cut-off was Monday, 9 June.
No dividend figure was disclosed for Tata Elxsi Ltd; only its ex-dividend status was confirmed.
Company Details
NELCO Ltd
- Dividend: ₹1/share (final)
- Record Date: 9 Jun 2025
- AGM Approval: Approved
Asian Paints Ltd
- Dividend: ₹20.55/share (final)
- Total FY 2025 Payout: ₹24.80/share
- Record Date: 10 Jun 2025
- Payment Date: On or after 30 Jun 2025
Tata Elxsi Ltd
- Status: Scheduled to trade ex-dividend within the same window.
Indian Bank
- Dividend: ₹16.25/share
- Record Date: 10 Jun 2025
Johnson Controls-Hitachi Air Conditioning India Ltd
- Dividend: ₹15/share
- Record Date: 10 Jun 2025
Tata Investment Corporation
- Dividend: ₹27/share
- Record Date: 10 Jun 2025
Summary
A cluster of ex-dividend actions is set to the share prices of NELCO, Asian Paints, Tata Elxsi Ltd., Indian Bank, Johnson Controls-Hitachi Air Conditioning India Ltd., and Tata Investment Corporation over the subsequent two sessions. Although day-to-day moves may mirror the payout value, the key takeaway for shareholders is straightforward: those holding the stock by the cut-off dates will pocket dividends ranging from ₹1 to ₹27 per share.
