As many as 11 stocks will turn ex-record dates for their respective dividends on May 22, effectively making today (May 21) the last date to buy the shares of these companies in order to be eligible for the dividend payment.
Only those shareholders who own the shares of the companies as on the record date will be eligible to receive the dividends. As per SEBI’s T+1 settlement rule, investors who buy the shares today, will get the shares credited to their demat accounts by tomorrow, making them eligible for the payment.
L&T dividend
Larsen & Toubro (L&T) earlier this month announced a final dividend of Rs 38 per share with a face value of Rs 2 each for the financial year 2026. It set May 22 as the record date for the dividend, which is higher than the Rs 34 paid last year and Rs 28 paid the year-ago. L&T has declared 32 dividends since June, 2001, and has a dividend yield of 0.87%, according to data on Trendlyne.
Notably, tomorrow also marks the record date for dividend payments of two more companies from the same group. L&T Technology Services in April announced a final dividend of Rs 40 per share with a face value of Rs 2 each for the financial year which ended on March 31, 2026. This is the highest dividend in terms of value per share that will go ex-record date tomorrow. This comes after the tech company paid an interim dividend of Rs 18 per share for the same FY26 earlier last year. L&T Tech has a dividend yield of nearly 1.6%.
L&T Finance meanwhile set May 22 as the record date for its dividend of Rs 2.75 per share with a face value of Rs 10 each. The said dividend will be paid on or before June 27, according to the company’s exchange filing released on April 30.
Havells India dividend
Havells India has set May 24 (Sunday) as the record date to determine eligibility of shareholders set to receive its final dividend of Rs 6 per equity share with a face value of Re 1 each for FY26. Since the record date falls on the weekend, the effective record date will be the last market trading day, which is May 22. Hence, today will effectively be the last day to buy the shares to be eligible for the dividend payment.
The company has declared 37 dividends since August, 2000 and has a dividend yield of 0.83%, according to data on Trendlyne.
Sula Vineyards dividend
Sula Vineyards earlier this month announced a final dividend of Rs 2 per equity share with a face value of Rs 2 each for FY26. The record date to determine shareholders’ eligibility of the dividend payment was fixed on May 22.
Notably, the wine-maker paid a dividend of Rs 3.6 last year, Rs 4.5 and Rs 4 in 2024, and Rs 5.25 in 2023. The stock has a dividend yield of 2.25%, according to data on Trendlyne.
Jindal Saw dividend
Jindal Saw last month fixed May 22 as the record date for its dividend of Rs 2 per equity share with a face value of Re 1 each for the financial year which ended on March 31, 2026. The company has declared 26 dividends since December 2000, and has a dividend yield of 0.91%, according to Trendlyne.
Other stocks which will turn ex-record date for their respective dividends include Himadri Speciality Chemical (Rs 0.8 per share), Jupiter Life Line Hospitals (Re 1 per share), Nicco Parks & Resorts (Rs 0.25 per share), Vinyl Chemicals (Rs 7 per share) and Workmates Core2Cloud Solution (Rs 2 per share).
Also read: L&T, Havells among 15 stocks turning ex-date this week. Check details
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