Dividend Bonanza This Week: 33 Companies Including Cipla, Vedanta, HDFC Bank, HUL, Bajaj Stocks Set to Trade

Dividends This Week: The coming week is shaping up to be an exciting one for dividend-focused investors. A total of 33 companies are set to trade ex-dividend, with several industry heavyweights offering significant payouts. From banking and FMCG to pharma and engineering, the list spans a wide range of sectors, offering opportunities for both income and long-term growth investors.

According to the announcements, companies like HDFC Bank, Hindustan Unilever (HUL), Bajaj Finserv, Cipla, Vedanta, Polycab India, and several others will be trading ex-dividend, which means if you want to receive the declared dividend, you must own the stock before the ex-date. These dates are crucial because shareholders whose names appear in the company's records on the record date are eligible for the dividend.

June 23 Dividend Recordings: HUL, Kalpataru and Samvardhan Motherson Dividend

The dividend wave starts on June 23, with major companies such as Dalmia Bharat, offering a final dividend of Rs 5, G N A Axles Ltd declaring Rs 3, and HUL coming in strong with a Rs 24 final dividend. Paint giant Kansai Nerolac will offer a combination of a special Rs 1.25 dividend and a Rs 2.50 final dividend. Other companies like Kalpataru Projects International, Samvardhana Motherson, and Pilani Investment and Industries Corporation will also trade ex-dividend on the same day.

June 24 Dividends: Alkyl Amines Chemicals, Polycab India and More

On June 24, companies like Alkyl Amines Chemicals will offer a final dividend of Rs 10, while Polycab India has announced a generous Rs 35 dividend. Mining and metals major Vedanta will pay an interim dividend of Rs 7, continuing its trend of high payouts.

June 25 Dividends

Moving on to June 25, Automobile Corporation of Goa has declared a solid Rs 20 final dividend, while Quest Capital Markets is offering Rs 2.50 to its shareholders. Prime Securities follows on June 26, declaring a Rs 1.50 final dividend.

Heavy weight Dividends on June 27: Bajaj Finserv, Bajaj Holdings, Cipla, HDFC Bank Dividends

The most active day for dividends is June 27, when a large number of companies, including several household names, will be in focus. These include Allied Blenders and Distillers, offering Rs 3.60, and Alufluoride with a Rs 3 dividend. Financial giants Bajaj Finserv and Bajaj Holdings & Investment will pay Rs 1 and Rs 28 respectively. Cipla stands out with a combined dividend of Rs 16, including Rs 13 as a final dividend and Rs 3 as a special dividend. Meanwhile, HDFC Bank, one of India's largest banks, is offering a strong Rs 22 dividend to its shareholders.

Other important names on June 27 include Jayant Agro Organics, Maharashtra Scooters, offering a total of Rs 60, RPG Life Sciences with Rs 24 in total dividends, Swaraj Engines with a whopping Rs 104.50 final dividend, and CARE Ratings, Syngene International, Sky Industries, Visaka Industries, and Welspun Living, all contributing to this high-dividend day.

Dividend on June 28

The final date in this dividend-heavy week is June 28, when companies like Rainbow Children's Medicare and Vaibhav Global will go ex-dividend, with final payouts of Rs 3 and Rs 1.50 respectively.