Investors seeking dividend payments from companies such as Adani Enterprises, Adani Ports and Special Economic Zone, Tata Steel, Tata Motors, Voltas, and Punjab National Bank should note that today, June 11, is the last day to purchase shares of these firms in order to become eligible for the dividend payout.

They will go ex-date on Friday, June 12.

ACC, Adani Total Gas, Ambuja Cements, Canara Bank, ICICI Prudential Asset Management Company, DCB Bank, Reliance Industrial Infrastructure, Piramal Finance, Piramal Finance, JM Financial and High Energy Batteries India will also remain in focus on Thursday.

Tata Steel has recommended a dividend of ₹4 per share of face value of ₹1 each to the shareholders of the company for FY2025-26. The record date is June 12.

The dividend, if approved by the shareholders at the ensuing annual general meeting (AGM), will be paid on and from July 6, 2026.

Why is it necessary to buy these stocks today for dividend payout?

Indian markets follow a T+1 (trade day plus one day) settlement cycle, meaning that equity shares settle one business day after the trade date. Hence, the stock with the dividend record date of June 12 needs to be bought today to be eligible for the payout.

Adani Enterprises has recommended a dividend of ₹1.30 per share for FY26, subject to approval by shareholders at the ensuing AGM.

Dividend stocks: Adani Enterprises, Tata Steel, PNB, others to go ex-date on June 12; check list

Meanwhile, June 11 is also the last date to buy City Union Bank shares for the bonus payout. The company has set June 12 as the record date for the purpose of ascertaining the eligibility of members for bonus shares in the ratio of 1:3, i.e., one new equity share for every 3 existing fully paid-up equity shares held as of the record date.

Disclaimer: This article is purely for informational purposes and should not be considered investment advice from Upstox. Please consult with a financial advisor before making any investment decisions.