Summary:
Investors looking to earn dividend income have until June 4 to buy shares of several companies before they turn ex-dividend on June 5. Major names on the list include Reliance Industries, HDFC AMC, Cipla, Bank of Baroda and JSW Energy. Wipro's buyback eligibility deadline also falls on the same date, making it an important session for corporate actions.
Investors seeking dividend income have a final opportunity on Thursday, June 4, to purchase shares of several companies that have fixed June 5, 2026, as the record date for dividend payouts. Under India's T+1 settlement cycle, investors must buy shares at least one trading day before the record date to ensure the shares are credited to their demat accounts and qualify for the corporate action.
A total of 16 companies are set to trade ex-dividend on June 5, including major names such as Reliance Industries, HDFC Asset Management Company, Bank of Baroda, Cipla, JSW Energy, ICICI Prudential Life Insurance Company and BEML. Investors purchasing these stocks on June 4 will be eligible to receive the announced dividends, subject to applicable approvals where required.
Reliance Industries, HDFC AMC Lead The Dividend List
Among the most prominent dividend-paying companies is Reliance Industries. The Mukesh Ambani-led conglomerate has announced a final dividend of ₹6 per share of face value ₹10 each for FY26. The company has fixed June 5 as the record date. Subject to shareholder approval at the Annual General Meeting scheduled for June 19, the dividend will be paid within seven days of the AGM. Reliance Industries has declared 28 dividends over the last 25 years and currently offers a dividend yield of 0.42%.
HDFC Asset Management Company has declared the highest dividend among the companies going ex-date on June 5. The asset management major has announced a final dividend of ₹54 per share, making it one of the most attractive dividend payouts in the current cycle.
Banking And Financial Stocks Announce Attractive Payouts
Public sector lender Bank of Baroda has recommended a final dividend of ₹8.50 per share for FY26, subject to shareholder approval at the upcoming AGM. Another state-owned lender, Bank of Maharashtra, has declared a final dividend of ₹1.20 per share.
ICICI Prudential Life Insurance Company has announced a final dividend of ₹1.65 per share, while investment firm Mkventures Capital has declared an interim dividend of ₹0.25 per share. QGO Finance has also announced an interim dividend of ₹0.15 per share.
Cipla, JSW Energy, BEML Among Key Names
Pharmaceutical giant Cipla has recommended a final dividend of ₹13 per share for FY26. The company stated that the dividend, once approved by shareholders, will be paid within 30 days from the date of the Annual General Meeting.
JSW Energy has declared a dividend of ₹2 per share, while defence and engineering company BEML has announced an interim dividend of ₹2.30 per share.
Archean Chemical Industries has declared a final dividend of ₹2.50 per share, while Ponni Sugars (Erode) has announced a final dividend of ₹5 per share.
Media company Jagran Prakashan has declared two payouts for shareholders, comprising an interim dividend of ₹7 per share and a special dividend of ₹3 per share.
Complete List Of Dividend Stocks Going Ex-Date On June 5
| Company | Dividend Details |
| Archean Chemical Industries | ₹2.50 Final Dividend |
| Bank of Baroda | ₹8.50 Dividend |
| BEML | ₹2.30 Interim Dividend |
| Cipla | ₹13 Final Dividend |
| HDFC Asset Management Company | ₹54 Final Dividend |
| ICICI Prudential Life Insurance Company | ₹1.65 Final Dividend |
| Jagran Prakashan | ₹7 Interim Dividend and ₹3 Special Dividend |
| JSW Energy | ₹2 Dividend |
| Bank of Maharashtra | ₹1.20 Final Dividend |
| Mkventures Capital | ₹0.25 Interim Dividend |
| Ponni Sugars (Erode) | ₹5 Final Dividend |
| QGO Finance | ₹0.15 Interim Dividend |
| Mahickra Chemicals | ₹0.15 Interim Dividend |
| Spacenet Enterprises | ₹0.01 Interim Dividend |
| Vertoz | ₹0.10 Interim Dividend |
| Reliance Industries | ₹6 Final Dividend |
Wipro Buyback Record Date Also On June 5
Apart from dividends, June 4 is also the last day for investors to buy Wipro shares to participate in the company's ₹15,000 crore buyback programme. The IT major has fixed June 5 as the record date for the buyback and has offered a buyback price of ₹250 per equity share.
Investors should note that dividends are taxable in the hands of shareholders. As per current tax rules, Tax Deducted at Source (TDS) of 10% applies to resident individuals if total dividend income exceeds ₹5,000 in a financial year.
