HDFC Bank, Tata Motors PV, HDFC Life, Polycab India record date on June 19: Last date to buy for payout

Several companies, including private lender HDFC Bank, automaker Tata Motors Passenger Vehicles, electrical equipment company Polycab India and life insurer HDFC Life Insurance Company, among others, have set Friday, June 19, as the record date for dividend payments.

Hence, today, June 18, is the last date to buy these shares to be eligible for the dividend payout. Indian markets follow SEBI's T+1 (trade day plus one day) settlement cycle, which means that shares settle a day after the trade date. So if a stock has the record date of June 19, it needs to be purchased today to be qualified for the payout.

AWL Agri Business, IndiaMART Intermesh, Tata Communications, Torrent Power, Corona Remedies, Amba Enterprises, GHCL Textiles, Hindusthan Insulators & Industries, India Shelter Finance Corporation, Sanofi Consumer Healthcare India, Solitaire Machine Tools and Raghav Productivity Enhancers will also remain in focus on Thursday.

Dividend stocks: HDFC Bank, Tata Motors PV, HDFC Life, others to go ex-date on June 19; check list

Meanwhile, June 18 is also the last date to buy shares of Deepak Builders & Engineers India before the stock split. The company has set June 19 as the record date for the purpose of subdivision of equity share of face value of ₹10 each into ten equity shares of face value of ₹1 each.