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

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

Journalist Kamal Joshi, former Republic TV and latestly editor, now associated with Upstox

4 min read | Updated on June 04, 2026, 08:13 IST

SUMMARY

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. | Image: Shutterstock

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. | Image: Shutterstock

Dividend stocks: Investors looking to get dividends will have a golden opportunity on Thursday, June 4, as they can purchase stocks of 13 companies, including Reliance Industries, Bank of Baroda, JSW Energy and Cipla, before they go ex-record date on Friday, June 5.

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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

CompanyEx-DateDividend DetailsRecord Date
Archean Chemical Industries Ltd05 Jun 2026Final Dividend – ₹2.5005 Jun 2026
Bank of Baroda05 Jun 2026Dividend – ₹8.5005 Jun 2026
BEML Ltd05 Jun 2026Interim Dividend – ₹2.3005 Jun 2026
Cipla Ltd05 Jun 2026Final Dividend – ₹1305 Jun 2026
HDFC Asset Management Company Ltd05 Jun 2026Final Dividend – ₹5405 Jun 2026
ICICI Prudential Life Insurance Company Ltd05 Jun 2026Final Dividend – ₹1.6505 Jun 2026
Jagran Prakashan Ltd05 Jun 2026Interim Dividend – ₹705 Jun 2026
Jagran Prakashan Ltd05 Jun 2026Special Dividend – ₹305 Jun 2026
JSW Energy Ltd05 Jun 2026Dividend – ₹205 Jun 2026
Bank of Maharashtra05 Jun 2026Final Dividend – ₹1.2005 Jun 2026
Mkventures Capital Ltd05 Jun 2026Interim Dividend – ₹0.2505 Jun 2026
Ponni Sugars (Erode) Ltd05 Jun 2026Final Dividend – ₹505 Jun 2026
QGO Finance Ltd05 Jun 2026Interim Dividend – ₹0.1505 Jun 2026
Reliance Industries Ltd05 Jun 2026Final Dividend – ₹605 Jun 2026
Meanwhile, June 4 is also the last date to buy Wipro shares to participate in a buyback worth ₹15,000 crore at a price of ₹250 per equity share. The company has set June 5 as 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.

About The Author

Journalist Kamal Joshi, former Republic TV and latestly editor, now associated with Upstox
Kamal Joshi is a business journalist who covers industries, markets, and IPOs. He is passionate about breaking news and enjoys playing pickleball, especially flexing his net play. He was previously associated with Republic TV and LatestLY.

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