Several major Indian companies are set to reward their shareholders with dividends and bonus issues this week, placing stocks like HDFC Bank, Vedanta, TVS Motor, Procter & Gamble (P&G), and Zee Entertainment in the spotlight. Here's a breakdown of what investors can expect:
HDFC Bank
HDFC Bank, India's largest private sector lender, has announced its first-ever bonus share issue, along with a special interim dividend of ₹5 per equity share. The bank's board approved the issuance of bonus shares in a 1:1 ratio, meaning shareholders will receive one bonus equity share for every fully paid-up equity share they hold. The ex-date for the bonus issue is August 26, 2025, and the record date is August 27, 2025. In addition to the bonus issue, HDFC Bank has a history of consistent dividend payouts, including a final dividend of ₹22 per share for FY 2024-25. The special interim dividend of ₹5 per share was declared on July 19, 2025.
Vedanta
The mining giant Vedanta has declared a second interim dividend of ₹16 per share for the financial year 2025-26. This translates to a total payout of ₹6,256 crore. The record date for this dividend is August 27, 2025. The company's first interim dividend was ₹7 per share, announced on June 18, 2025. Over the past 12 months, Vedanta has announced equity dividends amounting to ₹35.50 per share. With a dividend yield of 8%, Vedanta is considered one of the highest dividend-paying stocks in the Indian market.
TVS Motor
TVS Motor Company has declared a dividend of ₹10.00 in the latest quarter. The company declared this dividend on March 20, 2025. The dividend yield for TVS Motor is 0.31%. TVS Motor will turn ex-date on August 25 for its scheme of arrangement.
Procter & Gamble (P&G)
Procter & Gamble (P&G) declared a quarterly dividend of $1.0568 per share on the Common Stock and on the Series A and Series B ESOP Convertible Class A Preferred Stock of the Company. The dividend was payable on or after August 15, 2025, to shareholders of record as of the close of business on July 18, 2025. P&G has been paying a dividend for 135 consecutive years and has increased its dividend for 69 consecutive years. This quarterly dividend translates to an annualized dividend of $4.23 and a dividend yield of 2.7%.
Zee Entertainment
Zee Entertainment Enterprises has fixed August 29, 2025, as the record date for determining shareholders' eligibility for the dividend for the financial year ended March 31, 2025. The company announced a dividend of Rs 2.43 per share on May 8, 2025.
These corporate actions—dividends and bonus issues—can significantly impact shareholder value and market sentiment. Dividends provide a direct return to investors, while bonus issues can increase the liquidity of the stock and make it more accessible to retail investors. However, it's important to note that bonus issues do not change the overall investment value.