UPL, Tata Steel to Jyothy Labs: Five stocks remain in focus after declaring dividends

Dividend Stocks: UPL, Tata Steel, Jyothy Labs, Avadh Sugar & Energy Limited and Alufluoride Limited are five stocks that remain in focus on Tuesday as they declared dividends along with their quarterly results in the previous trading session.

Dividend details

UPL Ltd: UPL's board recommended a dividend of ₹6/- per equity share of face value of ₹2/- each (on fully paid-up equity shares and partly paid-up equity shares in proportion to their share in the paid-up equity share capital). UPL said that the same is subject to approval of members at the ensuing Annual General Meeting (AGM). The dividend, as per the company, will be paid or dispatched within 30 days of the AGM.

Tata Steel Ltd: Tata Steel Board recommended a dividend of ₹3.60 per ordinary (equity) share of face value ₹1 each (translating into 360% considering face value of share) to the shareholders of the company for FY 2024-25.

The dividend recommended by the Board of Directors, however, is subject to the approval of the shareholders at the ensuing Annual General Meeting (‘AGM’) of the company. The AGM is scheduled to be held on Wednesday, July 2, 2025.

The dividend, if approved by the shareholders at the AGM, will be paid within five days from the date of the AGM, said Tata Steel

The Board of the company has fixed Friday, June 6, 2025, as the record date for determining the members entitled to receive the dividend of Tata Steel for the FY 2024-25.

Jyothy Labs: For the fiscal year 2024–2025, Jyothy Labs Board has recommended a dividend of ₹3.50 per equity share. The dividend, however, is subject to the approval of shareholders at the ensuing Annual General Meeting (AGM), as per Jyothy Labs.

According to Jyothy Labs, separate notifications will be sent out for the AGM and record date in order to determine which shareholders will be eligible to receive the final dividend payment.

Avadh Sugar & Energy Limited: Avadh Sugar has also recommended a final dividend of ₹10/- per equity share of ₹10/- each for the year ended March 31, 2025, which, as per Avadh Sugar, is subject to approval of the Shareholders at the Annual General Meeting of the company.

Alufluoride Limited: Alufluoride had recommended a final dividend of ₹3 per equity share of ₹10 each (i.e. 30% on the face value of ₹10 each) for the financial year· ended March 30, 2025, subject to the approval of the shareholders of the company at the ensuing Annual General Meeting.

Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before taking any investment decisions.