Dividend Stocks: Rs 485.5 payout announced by Hero MotoCorp, Bajaj Auto, M&M and other auto makers - Check record dates

Hero MotoCorp Dividend 2026

Two-wheeler maker Hero MotoCorp recommended a final dividend of Rs 75 per share for FY26. The dividend is subject to shareholder approval at the company’s 43rd Annual General Meeting (AGM).

The company fixed July 24, 2026, as the record date to determine eligible shareholders for the dividend payout. Hero MotoCorp said the dividend payment will be completed within 30 days from the declaration at the AGM.

 

Bajaj Auto Dividend 2026

Another auto major, Bajaj Auto, recommended a dividend of Rs 150 per share for FY26. The company said the dividend is in line with its dividend distribution policy and is subject to approval by shareholders at the upcoming AGM.

Bajaj Auto fixed May 29, 2026, as the record date for determining shareholders eligible for the dividend. The company said the payout will be credited or dispatched on or around July 24, 2026.

Mahindra & Mahindra Dividend 2026

Utility vehicle and tractor maker Mahindra & Mahindra also announced a final dividend for FY26. The company recommended a dividend of Rs 33 per equity share of face value Rs 5 each.

The company fixed July 3, 2026, as the record date for the dividend. M&M said the dividend, if approved at the AGM, will be paid after July 30, 2026 within the prescribed timelines through electronic mode.

ACGL Dividend 2026

Auto component maker Automobile Corporation of Goa Limited (ACGL) recommended a final dividend of Rs 22.50 per share on May 5, 2026. The company had earlier announced an interim dividend of Rs 5 per share, taking the total dividend payout for FY26 to Rs 27.50 per share.

ACGL is jointly promoted by EDC Ltd and Tata Motors. The company manufactures pressed parts, components and sub-assemblies for automobiles and also produces bus bodies and related components.

Maharashtra Scooters Dividend 2026

Among other automobile-linked companies, Bajaj Group-led Maharashtra Scooters announced a dividend of Rs 60 per share for FY26. The company fixed June 30, 2026, as the record date, while the dividend payment is scheduled on or before August 4, 2026.

 

Maruti Suzuki Dividend 2026

Passenger vehicle maker Maruti Suzuki India recommended a final dividend of Rs 140 per equity share for the financial year ended March 2026.

The company fixed August 7, 2026, as the record date for determining eligible shareholders. Maruti Suzuki said the dividend payment date has been fixed as September 9, 2026, subject to approval at the AGM.

What is Dividend and Record Date?

The announcements come as several automobile companies reported their quarterly and annual earnings for FY26. Dividend announcements are closely tracked by investors as they provide direct returns to shareholders and reflect the companies’ cash position and profitability.

Record dates are important for investors as shareholders holding shares before the ex-dividend date become eligible to receive the announced dividend.