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Several Indian companies traded ex-dividend on 6 June 2026. Shares purchased on or after this date do not qualify for the declared dividend payouts.
The ex-dividend date is the cut-off date for dividend eligibility. Under the T+1 settlement cycle, trades take one business day to be recorded, so only shares bought before the ex-dividend date are eligible for the dividend.
The following companies had their shares trade ex-dividend on June 6, 2026:
Tata Steel announced a final dividend of ₹3.60 per equity share for FY2024-25. The dividend is payable post shareholder approval at the Annual General Meeting scheduled for July 2, 2026.
JSW Energy declared a final dividend of ₹2 per equity share for FY2024-25. Shareholder approval is expected at the AGM on July 11, 2026.
HDFC AMC proposed a final dividend of ₹90 per equity share for FY2024-25. This record payout is subject to shareholder approval and is expected to be disbursed within 30 days post-AGM.
CONCOR announced a final dividend of ₹2 per equity share for FY2024-25, to be paid following shareholder approval at the upcoming AGM.
Bank of Baroda recommended a dividend of ₹8.35 per equity share for FY2024-25. The dividend will be distributed within the statutory timelines post-approval.
The table below outlines dividend details announced by these companies:
| Company | Dividend per Share (₹) | Face Value (₹) | Dividend Type | Record Date |
|---|---|---|---|---|
Tata Steel Ltd |
3.60 |
1 |
Final |
June 6, 2026 |
JSW Energy Ltd |
2.00 |
10 |
Final |
June 6, 2026 |
HDFC AMC |
90.00 |
5 |
Final |
June 6, 2026 |
CONCOR |
2.00 |
5 |
Final |
June 6, 2026 |
Bank of Baroda |
8.35 |
2 |
Final |
June 6, 2026 |
This table provides a quick reference for investors tracking dividend announcements.
Since April 2020, dividend income is taxable in the hands of investors. Tax Deducted at Source (TDS) is applied at 10% on annual dividend income exceeding ₹5,000 for resident investors. Non-resident investors are subject to a 20% TDS rate, subject to applicable Double Taxation Avoidance Agreement (DTAA) provisions. Interest paid on borrowed funds used for investment can be claimed as a deduction up to 20% of the dividend income; other related expenses are not deductible.
This content is for informational purposes only and the same should not be construed as investment advice. Bajaj Finserv Direct Limited shall not be liable or responsible for any investment decision that you may take based on this content.
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