Dividend Bonanza: Wipro, DLF See Final Call as Investors Race Against Deadline for Corporate Payouts

Dividend Bonanza: Wipro, DLF See Final Call as Investors Race Against Deadline for Corporate Payouts​

The stock markets are witnessing a crucial corporate action period for dividend-seeking investors. A group of approximately 12 companies, including IT major Wipro and real estate giant DLF, have fixed Monday, July 27, as the record date for their respective dividends. This deadline makes today a critical buying opportunity for any investor aiming to be eligible for these rewards.

As per SEBI's T+1 settlement cycle, investors must purchase the shares at least one trading day before the declared record date. Missing this final trading session means missing out on the dividend payout scheduled for Monday. Therefore, today represents the last chance to acquire these stocks and ensure they are credited to your demat account in time.

Wipro’s Dividend Milestone After Share Buyback​

IT leader Wipro recently announced an interim dividend of ₹2 per equity share alongside its Q1 results. The company's board approved this distribution, setting the record date for July 27. This move follows a significant corporate action by the IT major, which completed a ₹15,000 crore share buyback last month.

Wipro’s commitment to shareholder returns remains strong; it previously declared an interim dividend of ₹6 per share and another of ₹5 per share in July of the previous year. Data available on Trendlyne indicates that the company has declared 38 dividends since May 2000, boasting a substantial dividend yield of 6.29%.

DLF and Persistent Systems Lead Dividend Payouts​

Real estate heavyweight DLF is set to pay shareholders a final dividend of ₹8 per share, with the record date set for Monday. The company has a history of shareholder rewards, having declared 23 dividends since September 2007. Currently, the stock carries a dividend yield of 0.93%, while its yearly performance stands at over 23%.

Meanwhile, IT player Persistent Systems is offering the highest dividend payout among the group. The company announced a final dividend of ₹18 per share. Despite the shares falling over 20% in 2026 so far, the stock has demonstrated resilience, delivering strong returns of nearly 323% in three years and 561% in five years.

Full List of Companies Setting Record Date for Dividends​

Beyond Wipro, DLF, and Persistent Systems, nine other companies have scheduled July 27 as their record date for dividend distribution. This ensures that today remains the critical day for interested investors to secure eligibility for these corporate actions.

Amara Raja Energy & Mobility Ltd., a major in industrial and automotive batteries, announced a final dividend of ₹5.20 per share. Specialty chemical producer Deepak Nitrite is set to distribute a final dividend of ₹7.5 per share, while Universal Cables will pay shareholders ₹4.5 per share.

Other Stocks Benefiting from the Record Date​

The list of companies making these payouts extends across several sectors. Vindhya Telelinks, specializing in telecommunication and power cables, approved a final dividend of ₹6 per share. Birla Cable is also scheduled to distribute a final dividend of ₹1.25 per share.

Other notable recipients include Everest Industries, which has announced a final dividend of ₹1 per share. Cement and engineering firm KCP will pay shareholders ₹0.50 per share. Rounding out the corporate payouts are Tata Capital Ltd., set at a final dividend of ₹0.5699 per share, and rating agency CRISIL.