The week of May 25–29, 2026 is packed with significant dividend announcements for Indian equity investors. Several blue-chip and mid-cap companies — including Tata Consultancy Services (TCS), ITC, Bajaj Auto, ICICI Lombard General Insurance, and others — are set to trade ex-dividend this week on the BSE and NSE. Here's a complete breakdown of the dividend amounts, record dates, and payment timelines you need to know before the week is out.

Important reminder: To be eligible for a dividend payout, investors must hold shares in their Demat account on or before the record date. Shares purchased on or after the ex-dividend date will not qualify for the declared dividend.

1. Bajaj Auto — ₹150 Per Share (Highest This Week)

Bajaj Auto has announced the highest final dividend this week at ₹150 per share, with May 29, 2026 fixed as the record date. This marks a significant reduction from the ₹210 per share final dividend the automaker paid in FY2024-25, reflecting a recalibrated payout strategy even as the company continues to generate strong free cash flows. Bajaj Auto remains one of the most consistent dividend-paying stocks in India's auto sector and a favourite among income investors.

2. Tata Consultancy Services (TCS) — ₹31 Per Share

Tata Consultancy Services has announced a final dividend of ₹31 per share for FY2025-26, with the record date also set for the last week of May 2026. As per the stock exchange filing, the company's board of directors recommended this final dividend of ₹31 per equity share. This follows TCS's earlier payout in January 2026, which included a third interim dividend of ₹11 per share and a special dividend of ₹46 per share — making TCS one of the most generous dividend distributors in the Indian IT sector for FY26.

3. ITC — ₹8 Per Share (Record Date: May 27, 2026)

ITC has declared a final dividend of ₹8 per share, with Wednesday, May 27, 2026 fixed as the record date for determining shareholder eligibility. This final recommendation pushed the total dividend for FY2025-26 to ₹14.50 per share, which includes the interim dividend of ₹6.50 per share declared on January 29, 2026. The total FY26 payout of ₹14.50 is slightly higher than ITC's total payout of ₹14.35 per share in FY2024-25, signalling continued commitment to rewarding shareholders even as the company navigates its FMCG transformation.

4. ICICI Lombard General Insurance — ₹7 Per Share (Record Date: May 29, 2026)

ICICI Lombard General Insurance Company Limited has fixed May 29, 2026 as the record date for its FY2026 final dividend of ₹7.0 per equity share (face value ₹10), as recommended by the Board on April 15, 2026. The company plans to complete the dividend payout on or before July 3, 2026, subject to shareholder approval at the AGM scheduled for June 19, 2026. Shareholders must ensure their PAN and other necessary tax documents are updated by the June 2, 2026 deadline to avoid a higher TDS rate of 20%.

5. Torrent Pharmaceuticals — Watch for FY26 Final Dividend Announcement

Torrent Pharmaceuticals (NSE: TORNTPHARM) is another name to watch closely this week. Torrent Pharmaceuticals has an annual dividend of ₹35 per share with a yield of approximately 0.78%, and pays dividends on a semi-annual basis. The company's last ex-dividend date was February 18, 2026, when it paid ₹29 per share. Investors should watch for the company's FY26 final dividend announcement, which is expected in the June quarter cycle based on its historical pattern.

Other Notable Dividend Stocks This Week

Additional companies going ex-dividend during the week of May 25–29, 2026 include GlaxoSmithKline Pharmaceuticals (₹57 per share), LTM (₹53 per share), Tata Consumer Products (₹10 per share), Hatsun Agro Product (₹10 per share), Eris Lifesciences (₹7.21 per share interim), Chemcon Speciality Chemicals (₹6.50 interim), Bank of India (₹4.65 per share), and UNO Minda.

Key Investor Reminder: Ex-Date vs. Record Date

Under India's T+1 settlement cycle, the ex-dividend date and the record date are typically the same day for most stocks. This means investors must purchase shares at least one trading day before the ex-date to be on record for the dividend. For comprehensive guidance on how dividend eligibility, TDS rules, and payout timelines work for Indian listed companies, the Securities and Exchange Board of India (SEBI) is the authoritative regulatory source.

With several heavyweights from IT, FMCG, auto, insurance, and pharma going ex-dividend this week, May 25–29, 2026 is one of the most active dividend weeks of FY26 — making it a critical window for income-focused investors to review their holdings and eligibility.