Market Performance Overview
Five prominent companies, including ICICI Prudential, Tata Chemicals, Trent Limited, Avantel Ltd., and JK Lakshmi Cement Ltd., are trading ex-dividends today.
The record date for determining eligible shareholders was set as June 12, 2025. This means investors needed to purchase shares at least one day before the record date to qualify for dividend payments under the T+1 settlement system.
Main Dividend News
Record Date Significance
Investors who wanted to benefit from these dividend announcements had to purchase shares before the ex-dividend date. The June 12 record date ensures that only shareholders who held their stocks before this date will receive the declared dividends.
The T+1 settlement procedure requires investors to buy shares one day before the record date for their names to appear in the eligible shareholder's list.
Company-Wise Dividend Details
ICICI Prudential Life Insurance Company
Dividend Amount: ₹0.85 per equity share
- Face value: ₹10 each
- Type: Final dividend for FY2025
- AGM Date: June 27, 2025 (25th Annual General Meeting)
- Approval: Subject to shareholder approval at AGM
Trent Limited
Dividend Amount: ₹5 per equity share
- Face value: Re. 1 each
- Dividend percentage: 500%
- Payment timeline: On or after 4 days following the 73rd AGM
- Status: Proposed by the board, subject to shareholder approval
Tata Chemicals
Dividend Amount: ₹11 per equity share
- Face value: ₹10 each
- Board approval: May 7, 2025
- AGM Date: June 30, 2025 (86th Annual General Meeting)
- Payment date: On or after July 7, 2025 (subject to tax deductions)
JK Lakshmi Cement Limited
Dividend Amount: ₹6.50 per equity share
- Face value: ₹ 5 each
- Dividend percentage: 130%
- Financial year: Ended March 31, 2025
- Record date: June 12, 2025
Avantel Limited
Dividend Amount: ₹0.20 per equity share
- Face value: ₹ 2 each
- Dividend percentage: 10% of face value
- Type: Final dividend for FY2024-25
- Status: Recommended by the company
Financial Highlights
Key Dividend Figures:
- Highest dividend: Tata Chemicals at ₹11 per share
- Highest dividend percent : Trent Limited at 500%
- Total Companies: 5 major stocks going ex-dividend
- Record date alignment: All set for June 12, 2025
Investment Impact:
- Shareholders must hold shares before the ex-dividend date
- Dividend payments are subject to AGM approvals
- Payment timelines vary from company to company
- Tax deductions are applicable as per regulations
Summary
Five significant companies - ICICI Prudential, Tata Chemicals, Trent Limited, Avantel Ltd, and JK Lakshmi Cement Ltd - are trading ex-dividends today, with a record date set for June 12, 2025.
Tata Chemicals leads with the highest dividend of ₹11 per share, while Trent Limited offers the highest percentage return at 500%. ICICI Prudential, JK Lakshmi Cement, and Avantel have also declared attractive dividend payouts for their respective financial years.
Investors who purchased shares before the ex-dividend date will be eligible for these dividend payments, subject to respective AGM approvals. The dividend payments will be processed according to individual company timelines, with most requiring shareholder approval at upcoming annual general meetings.
This development is particularly significant for income-focused investors seeking regular dividend returns from established companies across various sectors, including insurance, chemicals, retail, and cement manufacturing.
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