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The Economic Times
The Economic Times
Debaroti Adhikary

Dividend alert! Last day to buy Bajaj Finance, Bajaj Finserv, another Bajaj Group stock for dividends worth Rs 138

As many as three Bajaj Group companies including Bajaj Finance, Bajaj Finserv and Bajaj Holdings and Investment have fixed June 30 as the record date for their respective dividends cumulatively worth Rs 138, effectively making today the last day for interested investors to buy the shares for the payouts.

Under SEBI's T+1 settlement cycle, investors must purchase a company's shares at least one trading day before the record date to ensure the shares are credited to their demat accounts in time, and they become eligible for the corporate action. Accordingly, today is the last opportunity for investors to buy the shares so that they are credited to their accounts by Tuesday, making them eligible for the dividends.

Bajaj Finance dividend

Bajaj Finance in April had announced that its board of directors recommended a final dividend of Rs 6 per share with a face value of Re 1 each for the financial year 2026. This includes a special payout of Rs 0.60 per equity share from the exceptional gain on sale of Bajaj Housing Finance Limited (BHFL) shares.

The said dividend will be credited on or after August 3. This comes after the company paid dividends worth Rs 56 per share in 2025 and Rs 36 in 2024, before the stock adjusted for a 4:1 bonus issue last year.

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Bajaj Finserv dividend

Bajaj Finserv announced in April that its board of directors recommended a dividend of Rs 1.50 per share. This includes a 20% special payout in celebration of 100 years of the Bajaj Group, the company filing said. The company's payout on dividends is Rs 240 crore compared to Rs 160 crore incurred in the year-ago period.

Bajaj Finserv has declared 19 dividends since June, 2008, according to data on Trendlyne.

Bajaj Holdings and Investment dividend

The highest dividend among the three companies has been announced by Bajaj Holdings and Investment. The company has fixed Tuesday as the record date for a special dividend of Rs 50 per share and a final dividend of Rs 80 per share, taking the total dividend payout to Rs 130 per share.

The company has declared 33 dividends since June, 2001, and has a dividend yield of 0.61%, according to data on Trendlyne.

Apart from the three Bajaj Group companies, Maharashtra Scooters and Welspun Corp also have fixed Tuesday as the record date for their respective dividends worth Rs 60 per share and Rs 5 per share.

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(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)

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