Dividend stocks to watch: key ex-dates May 2026

Why dividend stocks are in focus today

Dividend-led corporate actions are driving attention on Dalal Street on Monday, May 25, 2026, with multiple shares set to trade ex-dividend during the week. For investors tracking payouts and record dates, the calendar matters because eligibility is typically determined by the record date aligned with the ex-date on the exchange. The latest corporate action schedule highlights two clusters: counters going ex-dividend on May 25, and another set scheduled for May 26, 2026.

Apart from dividends, at least one other corporate action is also on the radar. Lab-grown diamond jewellery brand Aurique is scheduled to turn ex-record date on May 25 for a 6:1 bonus issue. The mix of dividends and other corporate actions can influence near-term trading activity, especially around the cut-off dates.

Ex-dividend on May 25: TCS, LTM, Tata Consumer, Siyaram

Several companies have set May 25 (Monday) as the record date for dividend-related corporate actions, effectively making it the key cut-off for shareholder eligibility as per the schedule cited. Among the prominent names, Tata Consultancy Services (TCS) is set to trade ex-dividend for a final dividend of ₹31 per share for the financial year ended March 31, 2026. The dividend percentage cited for TCS is 3,100%, with a face value of Re 1 per share.

LTM Limited is also on the list for May 25, with an announced dividend of ₹53 per share. Tata Consumer Products is set to trade ex-dividend for a ₹10 per share dividend for FY26. Fabric and apparel manufacturer Siyaram Silk Mills has set May 25 as the record date for its special dividend of ₹4 per share.

Ex-dividend on May 26: Dhampur Sugar, GPT Infraprojects, Hatsun, IRB

Investors tracking dividend income are also watching a separate set of counters scheduled to trade ex-dividend on Tuesday, May 26, 2026. As per the corporate action schedule, Dhampur Sugar Mills will trade ex-dividend for ₹2 per share. GPT Infraprojects will trade ex-dividend for Re 1 per share.

Hatsun Agro Product is listed with a dividend of ₹10 per share. IRB Infrastructure Developers is scheduled to trade ex-dividend for Re 0.05 per share. The schedule also states that all four companies have aligned their record date with the ex-dividend date of May 26, 2026.

What TCS disclosed about FY26 dividends

TCS has provided additional context on its FY26 dividend payout. The company stated that the FY26 shareholder payout in the form of dividends stood at ₹39,571 crore. It also said the final dividend will be paid to eligible shareholders on June 12, subject to deduction of tax at source, as per an exchange filing referenced.

This combination of a per-share final dividend and an aggregated payout number is closely tracked by investors because it connects the board-approved dividend to the broader cash-return profile for the financial year. The record date and ex-date mechanics remain the key operational milestone for eligibility in demat accounts.

Tata Consumer Products: AGM-linked payout timeline

Tata Consumer Products is set to trade ex-dividend on Monday for its ₹10 per share dividend for FY26. The company’s dividend payment is linked to shareholder approval at its upcoming Annual General Meeting on June 10. As per the provided details, if approved, the dividend will be paid to eligible shareholders on or after June 15, 2026.

This timeline places Tata Consumer’s payout window after the AGM, unlike some other announcements where the payout date is already stated without referencing an AGM vote. Investors typically track both the ex-date and the expected payment date for cash-flow planning.

Dividend stocks next week: names likely to stay on watch

Beyond the May 25 and May 26 cluster, the week from Monday, May 25, 2026 to Friday, May 29, 2026 is expected to keep several dividend counters in focus. The list mentioned includes Tata Consultancy Services, ITC, Bajaj Auto, Tata Consumer Products, LTM, Siyaram Silk Mills, and UNO Minda.

Other companies scheduled to trade ex-dividend during the week include Dhampur Sugar Mills, GPT Infraprojects, Hatsun Agro Product, IRB Infrastructure Developers, Chemcon Speciality Chemicals, Bank of India, BCPL Railway Infrastructure, Caplin Point Laboratories, Eris Lifesciences, GlaxoSmithKline Pharmaceuticals, ICICI Lombard General Insurance Company, and UNO Minda. From the same set of details, ITC has declared a final dividend of ₹8 per share.

Key dates and dividend amounts at a glance

The table below summarises the dividend amounts and key dates that were explicitly stated.

Market impact: why ex-dates can shift trading activity

Ex-dividend dates can concentrate short-term attention because the shares typically trade without the entitlement from that date onward. With multiple stocks turning ex-dividend across May 25 and May 26, traders and longer-term investors often monitor volumes and price adjustments around the cut-off. This is particularly relevant when several large and mid-cap names appear together on the corporate action calendar.

For TCS, the disclosure of an FY26 dividend payout of ₹39,571 crore adds a second reference point beyond the per-share final dividend of ₹31. For Tata Consumer Products, the payout timeline is directly linked to the AGM on June 10 and the subsequent payment window on or after June 15, which is also an important date marker for investors expecting cash credit.

Analysis: what the calendar signals for income-focused investors

The immediate takeaway from the schedule is the clustering of record dates and ex-dates, with May 25 and May 26 acting as the key cut-offs for several payouts. Investors who rely on dividend income typically track these dates closely, alongside the dividend per share, because eligibility is determined at the record date after the ex-date adjustment in the market.

The data also shows variation in dividend sizes across companies, ranging from Re 0.05 per share at IRB Infrastructure Developers to ₹53 per share at LTM and ₹31 per share at TCS. Such dispersion matters when investors compare cash returns across sectors, even though the article details do not provide yields or payout ratios. The presence of a bonus issue event (Aurique 6:1) on the same cut-off date underlines how corporate actions can overlap during busy calendar weeks.

Conclusion

Dividend-focused counters are set to remain in focus with TCS, LTM, Tata Consumer Products, and Siyaram Silk Mills trading ex-dividend on May 25, followed by Dhampur Sugar Mills, GPT Infraprojects, Hatsun Agro Product, and IRB Infrastructure Developers on May 26, 2026. For TCS, the company has stated a June 12 payment date for the final dividend, while Tata Consumer Products has linked its payout to AGM approval on June 10, with payment on or after June 15. Investors tracking these actions will likely watch the ex-date and record date alignment to confirm eligibility for the announced dividends and corporate actions.