Dividend alert: Last date to buy Reliance, JSW Energy, Bank of Baroda, Cipla, BEML, 8 others for payout

The other companies that have also set June 5 as the dividend record date include BEML, HDFC Asset Management Company, ICICI Prudential Life Insurance Company, Jagran Prakashan, Bank of Maharashtra, Ponni Sugars (Erode), Archean Chemical Industries, Mkventures Capital and QGO Finance.

Investors interested in these dividend stocks need to make a purchase today for the scrip to appear in their Demat account tomorrow.

Since Indian equities follow the T+1 (trade day + one business day) settlement cycle, investors would generally need to buy the equity shares today for it to be settled and reflected in the investors’ demat account by June 5.

Mukesh Ambani-led Reliance Industries declared a dividend of ₹6 per share of face value of ₹10 each for the financial year ending March 31, 2026. The record date is June 5. The dividend, if approved at the annual general meeting (AGM) on June 19, will be paid within seven days of the AGM.

Public sector lender Bank of Baroda has recommended a final dividend of ₹8.50 per share for FY26, subject to approval at the ensuing AGM.

Pharma player Cipla recommended a final dividend of ₹13 per share for the fiscal year 2026. “The dividend, upon declaration by the shareholders, will be paid within 30 days from the date of the Annual General Meeting,” the company said in an exchange filing.

Dividend stocks: Reliance Industries, Bank of Baroda, others to go ex-date on June 5; check list

Meanwhile, June 4 is also the last date to buy at a price of ₹250 per equity share. The company has set June 5 as the record date.