Dividend stocks:
Two stocks—
#BajajAutoLtd and #GlaxoSmithKline Pharmaceuticals Ltd—are set to reward their shareholders with massive dividends. But the clock is ticking, and today is the final window to buy the stocks to be eligible for the dividends.
Both companies have fixed Friday, May 29, 2026, as the record date to determine the eligibility of the shareholders for the dividend for the financial year ended March 31, 2026. Normally, under the standard market settlement cycle, investors would have until Thursday to secure their positions.
However, since the market would remain shut tomorrow, May 28 Thursday, on account of the Bakri Id holiday, today, Wednesday, May 27, is effectively the last date to buy the shares of these companies in order to qualify for the payout.
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