Seventeen Indian companies, including LIC and IndusInd Bank, will trade ex-dividend on June 25, 2026. Investors who wish to receive these dividend payouts must purchase the shares by the end of today, June 24. The list includes notable firms like Supreme Industries and CARE Ratings, which are among those offering higher payouts.
What Happened
On Thursday, June 25, 2026, 17 Indian companies will trade ex-dividend. This means the shares will no longer carry the right to the recently declared dividend for new buyers. For investors who want to receive these payouts, today, June 24, is the final day to purchase the shares. If a purchase is made on or after June 25, the investor will not be entitled to the dividend.
Notable Companies In The List
The list of companies trading ex-dividend includes Life Insurance Corporation of India (LIC), IndusInd Bank, Dr Lal PathLabs, CARE Ratings, Supreme Industries, Nippon Life India Asset Management, and Syngene International. Other companies in the list are Allied Blenders and Distillers, Alkyl Amines Chemicals, Anthem Biosciences, Sona BLW Precision Forgings, Uflex, Vaibhav Global, GIC Housing Finance, Mawana Sugars, S.J.S. Enterprises, and Visaka Industries.
Top Dividend Payers
Among the companies, Supreme Industries has declared the highest dividend at Rs 25 per share. Other significant payouts include Rs 14 per share from CARE Ratings and Rs 12.5 per share from Nippon Life India Asset Management. On the other end of the list, Visaka Industries has declared a dividend of Rs 1.20 per share.
Understanding The 'Ex-Dividend' Impact
When a stock goes ex-dividend, the exchange typically adjusts the stock price downward by the amount of the dividend on the ex-date. This happens because the dividend amount is effectively leaving the company's cash reserves and going to the shareholders. Therefore, if a company declares a dividend of Rs 10, the stock price may open lower by approximately Rs 10 on the ex-dividend date compared to the previous day's closing price. Investors should be aware that a dividend payout is not an additional gain that increases the total value of their investment on the ex-date; rather, it is a transfer of cash from the company to the shareholder.
Tax Considerations
In India, dividends are treated as income in the hands of the recipient. These payouts are taxed at the investor's applicable income tax slab rate. Investors with higher total annual income may face higher tax deductions on these dividends. It is important to account for this tax impact when evaluating the net benefit of a dividend payout.
What To Watch Next
Investors who already hold these shares or buy them by the deadline will be eligible for the dividend payment, provided they hold the stock through the ex-dividend date. The company will subsequently credit the dividend amount directly to the bank accounts linked to the investors' demat accounts on the payment date. Market participants may track how the stock prices of these 17 companies react on the morning of June 25, once the price adjustment for the dividend takes effect.