Several companies are set to trade ex-dividend today, June 30, 2025, marking the date when new investors are no longer entitled to the declared dividend. For investors seeking dividend income, it was crucial to own shares of these companies before today to be eligible for the payout. The ex-dividend date typically coincides with the record date, which is the cut-off date for determining shareholders eligible for the dividend.
Here's a closer look at three of the stocks trading ex-dividend today:
1. Indian Hotels Company Ltd.
Indian Hotels Company, a Tata Group company and India's largest hospitality firm, has declared a final dividend of ₹2.25 per share. The company has set June 30, 2025, as the record date for determining shareholders' eligibility for this dividend. The dividend will be paid to the entitled shareholders on or after July 11.
Indian Hotels has a strong portfolio of brands, including Taj, which was ranked as the World's Strongest Hotel Brand for 2024. Other brands include SeleQtions, Vivanta, Ginger, and amã Stays & Trails. The company has demonstrated strong financial performance, reporting its twelfth consecutive quarter of record performance in Q4FY25, with consolidated revenue rising 27% year-over-year to ₹2,425.14 crore and profit after tax increasing 28% to ₹562.66 crore. For the full year, consolidated revenue grew 23% year-over-year to ₹8,334.54 crore. The company has given multibagger returns of more than 240% and 845% over the last three and five years.
2. Dalmia Bharat Sugar and Industries Ltd.
Dalmia Bharat Sugar and Industries has announced a final dividend of ₹1.5 per share. June 30, 2025, is the ex-dividend date for this payout. The company pays dividends semi-annually. The next dividend per share will be ₹4.5 with an ex-date of August 18, 2025, and a payment date of August 29, 2025. The current dividend yield for Dalmia Bharat Sugar and Industries is 1.39%.
Understanding Ex-Dividend Dates
The ex-dividend date is a critical date for investors as it determines eligibility for receiving the declared dividend. To qualify for the dividend, investors must purchase the shares before the ex-dividend date. If shares are bought on or after this date, the new shareholder will not receive the dividend; instead, the seller will receive it. The ex-date is the cut-off for shareholders to qualify for benefits like dividends or rights issue. Investors must own the shares before the ex-date to be eligible, though the final recipient list is based on the shareholder records as of the close of the record date. This adjustment ensures that the dividend is paid to the rightful owner of the shares.
