The record date is the cut-off set by the company to identify shareholders who will receive the dividend. If your name appears as a shareholder on this date, you are entitled to the dividend, regardless of when you bought the shares.
On the other hand, the ex-dividend date (or ex-date) is the first day the stock trades without the dividend benefit. Anyone buying the stock on or after the ex-date will not receive the upcoming dividend. Typically, the ex-date falls one business day before the record date.
Since Indian stock markets follow the T+1 settlement cycle, investors must complete their share purchases by June 19 for the transaction to be settled and reflected in their demat accounts by the record date.
HUL
The board of HUL had announced a final dividend of Rs 24 per share, fixing Monday, June 23 as the record date for determining the shareholder eligibility.
“This is further to our letter dated 24th April, 2025, wherein the Company had informed that the Register of Members of the Company will remain closed from Tuesday, 24th June, 2025 to Monday, 30th June, 2025 (both days inclusive) for the purpose of payment of Final Dividend and AGM of the Company. This is to inform that the record date for the above purpose is Monday, 23rd June, 202,” the company said.
Over the past 12 months, Hindustan Unilever has announced a total equity dividend of Rs 29.00 per share, and based on a share price of Rs 2,294.20, this translates to a dividend yield of 1.26%.
HUL shares closed flat at Rs 2,294.20 on the BSE on Thursday.
Here is a list of other companies that will start trading ex-dividend from Friday:
Dalmia Bharat– Final dividend of Rs 5 per share (250%)
Dynamic Cables– Final dividend of Rs 0.5 per share (5%)
Kalpataru Projects International– Final dividend of Rs 9 per share (450%)
Kansai Nerolac Paints– Special dividend of Rs 1.25 per share (125%) and a final dividend of Rs 2.5 per share (250%)
Motherson Sumi Wiring India– Final dividend of Rs 0.35 per share (35%)
Pilani Investment and Industries Corporation – Final dividend of Rs 15 per share (150%)
Samvardhana Motherson International– Final dividend of Rs 0.35 per share (35%)
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