The document date is the cut-off set by the corporate to determine shareholders who will obtain the dividend. In case your identify seems as a shareholder on this date, you’re entitled to the dividend, no matter while you purchased the shares.
Then again, the ex-dividend date (or ex-date) is the primary day the inventory trades with out the dividend profit. Anybody shopping for the inventory on or after the ex-date is not going to obtain the upcoming dividend. Usually, the ex-date falls one enterprise day earlier than the document date.
Since Indian inventory markets comply with the T+1 settlement cycle, buyers should full their share purchases by June 19 for the transaction to be settled and mirrored of their demat accounts by the document date.
HUL
The board of HUL had introduced a last dividend of Rs 24 per share, fixing Monday, June 23 because the document date for figuring out the shareholder eligibility.
“That is additional to our letter dated twenty fourth April, 2025, whereby the Firm had knowledgeable that the Register of Members of the Firm will stay closed from Tuesday, twenty fourth June, 2025 to Monday, thirtieth June, 2025 (each days inclusive) for the aim of cost of Closing Dividend and AGM of the Firm. That is to tell that the document date for the above goal is Monday, twenty third June, 202,” the corporate mentioned.
Over the previous 12 months, Hindustan Unilever has introduced a complete fairness dividend of Rs 29.00 per share, and based mostly on a share worth of Rs 2,294.20, this interprets to a dividend yield of 1.26%.
HUL shares closed flat at Rs 2,294.20 on the BSE on Thursday.
Here’s a record of different firms that can begin buying and selling ex-dividend from Friday:
Dalmia Bharat– Closing dividend of Rs 5 per share (250%)
Dynamic Cables– Closing dividend of Rs 0.5 per share (5%)
Kalpataru Initiatives Worldwide– Closing dividend of Rs 9 per share (450%)
Kansai Nerolac Paints– Particular dividend of Rs 1.25 per share (125%) and a last dividend of Rs 2.5 per share (250%)
Motherson Sumi Wiring India– Closing dividend of Rs 0.35 per share (35%)
Pilani Funding and Industries Company – Closing dividend of Rs 15 per share (150%)
Samvardhana Motherson Worldwide– Closing dividend of Rs 0.35 per share (35%)
(Disclaimer: Suggestions, ideas, views and opinions given by the consultants are their very own. These don’t signify the views of The Financial Instances)
