Dividend Watch: HDFC AMC Record Date Tomorrow, Bajaj Auto Turns Ex-Dividend

June 4 is the last day to buy HDFC AMC shares to qualify for its proposed ₹54 dividend, while Bajaj Auto trades ex-dividend after fixing May 29 as the record date for its ₹150-per-share payout

Dividend Watch: HDFC AMC Record Date Tomorrow, Bajaj Auto Turns Ex-Dividend
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Summary
Summary of this article
  • June 4 is the last day to buy HDFC AMC shares.

  • HDFC AMC has proposed a final dividend of ₹54 per share.

  • Bajaj Auto trades ex-dividend after fixing a ₹150 payout record date.

Shares of HDFC Asset Management Company (HDFC AMC) and Bajaj Auto are likely to remain in focus as investors track key dividend-related developments.

For HDFC AMC shareholders, Thursday marks the last opportunity to buy the stock and become eligible for the company's proposed final dividend of ₹54 per share for FY26. The company has fixed June 5, 2026, as the record date to determine eligible shareholders for the dividend payout.

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The proposed dividend, which is subject to shareholder approval at the company's 27th Annual General Meeting scheduled for June 24, will be paid on equity shares with a face value of ₹5 each.

HDFC AMC had also rewarded shareholders with a 1:1 bonus issue during FY26. Under the bonus issue, investors received one additional fully paid-up share for every share held as of the record date of November 26, 2025.

The fund house has maintained a strong dividend track record. Before the bonus issue, it paid a final dividend of ₹90 per share in June 2025. Earlier, shareholders received an interim dividend of ₹70 per share in June 2024.

Bajaj Auto Trades Ex-Dividend

Meanwhile, Bajaj Auto shares are trading ex-dividend after the company fixed May 29, 2026, as the record date for its proposed final dividend of ₹150 per equity share for FY26.

The dividend recommendation was announced alongside the company's fourth-quarter earnings on May 6. Shareholders who owned the stock before the ex-dividend date will be eligible for the payout, subject to approval at the upcoming annual general meeting.

The proposed dividend represents 1,500% of the face value of ₹10 per share.

In addition to the dividend announcement, Bajaj Auto's board approved a share buyback worth up to ₹5,633 crore through the tender offer route. The company has proposed a buyback price of ₹12,000 per share, representing a premium of around 16% over the prevailing market price at the time of the announcement. The buyback proposal remains subject to shareholder approval.

Last year, Bajaj Auto had declared a final dividend of ₹210 per share, with June 20, 2025, serving as the ex-dividend date.

Key Takeaway For Investors

Investors seeking to receive HDFC AMC's proposed ₹54 dividend must own the shares before the June 5 record date. Since Indian equity markets follow a T+1 settlement cycle, June 4 is the final day to purchase the stock and qualify for the payout.

For Bajaj Auto, the dividend eligibility has already been determined, and the stock is now trading ex-dividend while investors await approval of both the dividend and the proposed ₹5,633-crore buyback.

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