Ashok Leyland, Navneet Education, Foseco India and 2 More: Dividend Record Date Tomorrow, June 3

Investors looking to earn upcoming dividend payouts should note that Tuesday, June 2, 2026, is the last day to purchase shares of 5 companies that have fixed June 3 as their dividend record date.

These stocks will trade ex-dividend on June 3, meaning investors must own the shares before the ex-date to be eligible for the declared dividends.

Why Is June 2 Important?

Indian stock exchanges follow the SEBI-mandated T+1 settlement cycle, under which shares are credited to an investor's demat account one business day after purchase.

As a result, investors must buy the shares by June 2 for them to be reflected in their demat accounts by June 3, the record date.

Dividend Stocks Going Ex-Date on June 3

Ashok Leyland Announces Interim Dividend

Commercial vehicle manufacturer Ashok Leyland has declared a second interim dividend of ₹2.50 per equity share with a face value of ₹1 each for the financial year ending March 31, 2026.

The company has fixed June 3 as the record date. Eligible shareholders will receive the dividend on or before June 26, 2026.

Navneet Education Declares Second Interim Dividend

Educational publishing company Navneet Education has announced a second interim dividend of ₹1.50 per share for FY26.

Investors holding shares as of the record date will be eligible to receive the dividend payout.

Foseco India Recommends Final Dividend

Foseco India has recommended a final dividend of ₹25 per equity share of face value ₹10 for FY26.

The dividend remains subject to shareholder approval at the company's upcoming annual general meeting. If approved, the payment is expected to be made on or before July 9, 2026.

Anand Rathi Wealth Bonus Issue

Apart from dividend-paying stocks, June 2 is also the last day for investors to buy shares of Anand Rathi Wealth to qualify for its bonus issue.

The company has fixed June 3 as the record date for the bonus issue in the ratio of 1:1. Shareholders will receive one additional fully paid-up equity share of ₹5 each for every one existing share held.

Read More: Emami Completes Acquisition of 2,05,767 Shares in IncNut Digital, Secures 59.69% Stake!

Conclusion

Investors seeking dividend income should keep June 2 on their radar, as it is the final opportunity to purchase shares of Ashok Leyland, Navneet Education, Foseco India, Monarch Surveyors and Remsons Industries before they turn ex-dividend. Additionally, investors interested in bonus shares can check Anand Rathi Wealth, which has also fixed June 3 as its record date for a 1:1 bonus issue.

Investors looking to take advantage of dividend payouts and other corporate actions can open a demat account through a suitable platform and stay updated on upcoming opportunities. 

For daily market updates and regular stock market news in Hindi, stay tuned to Angel One's share market news in Hindi. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.