Dividend stocks: Infosys, TCS, Tata Elxsi among firms declaring dividends; check record dates

Dividend stocks: Q4 results season is on, and many companies have declared their results as well as announced and recommended dividends. From Tata Consultancy Services (TCS) to Infosys to Muthoot Finance, investors have plenty of time to invest in stocks before their record dates.

Here's a look at a few companies that have announced dividends and key details like record date and payment schedule.

Dividend stocks and record dates: check list

• Infosys: The information technology giant has recommended a final dividend of ₹22 per equity share for the financial year 2024-25. The record date is May 30, while the dividend payment will be made on June 30.
• TCS: India's largest IT company has announced a final dividend of ₹30 per share. It will be paid on the fifth day from the conclusion of the forthcoming Annual General Meeting. The date for the AGM is yet to be announced.
• Tata Elxsi: The design and technology service provider has announced its highest-ever dividend payout of ₹75 per share.
• Muthoot Finance: The company approved the payment of an interim dividend of ₹26 per share for FY25, and the record date is April 25. "The interim dividend will be paid to the shareholders within 30 days from the date of declaration," it said.
• Tata Investment Corporation: The Tata Group firm has recommended a dividend of ₹27 per share which will be paid after the AGM.
• HDFC Bank: The private lender's board has recommended a dividend of ₹22 per share for the fiscal year 2025. The record date is June 27.
• Jio Financial services: The non-deposit taking NBFC has declared a dividend of ₹0.5 per share for year ended March 2025. The company will declare record date and payment date in due course.
• GNA Axles: The company has set June 3 as the record date for payment of a dividend of ₹3 per share.
• Himadri Speciality Chemical: The chemical conglomerate has recommended a final dividend of ₹0.6 per share for FY25. The record date will be intimated in due course.

Meanwhile, consulting firm HCL Technologies will announce its financial results on Tuesday, April 22. It may also consider a final dividend for the previous fiscal year.