Dividend Announcements In May 2026: Key Record Dates For Oracle Financial, NALCO, LTTS

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Several companies, led by Oracle Financial Services’ ₹270 dividend, have fixed May record dates. NALCO, LTTS, Havells, and Anand Rathi Wealth also announced payouts, keeping dividend-focused investors active this month.

Investors tracking dividend-paying stocks are lining up for a busy May with several companies fixing record dates and announcing payouts. Oracle Financial Services Software has drawn the most attention after recommending its highest dividend in more than a decade.

The company’s senior management has proposed a second interim dividend of ₹270 per share on a face value of ₹5. The record date has been set for Thursday, 7 May.

Shareholders must have their names on the company’s records by that date to qualify for the payout. The size of the dividend marks a sharp jump compared to its past distributions. At 12:57 pm, Oracle Financial Services Software shares were trading at ₹9,674 on the National Stock Exchange.

National Aluminium Company Ltd (NALCO) has declared a third interim dividend of ₹2 per share. The PSU said the payout is based on a total paid-up capital of ₹918 crore. The record date has been set for Friday, 8 May. With this, NALCO’s total dividend payout for FY26 reaches ₹10.5 per share. At 1 pm, NALCO shares were trading at ₹414.25 a piece on the NSE.

Anand Rathi Wealth has announced a final dividend of ₹7 per share. The company will determine shareholder eligibility on Friday, 15 May, subject to approval. L&T Technology Services, a subsidiary of Larsen & Toubro, has recommended a final dividend of ₹40 per share on a face value of ₹2. The company said this is its highest-ever payout, with the record date set at 22 May.

At 1:02 pm, Anand Rathi and L&T Technology Services shares were trading at ₹3,630 and ₹3,780 a piece on the NSE.

Havells India has recommended a final dividend of ₹6 per share on a face value of ₹1. The record date set is Sunday, 24 May. It means the stock will turn ex-date on 22 May. Investors need to hold shares before the ex-date to remain eligible. At 1:06 pm, Havells India shares were trading at ₹1,242.30 a piece on the NSE. Along with these, the following companies will also pay dividends to their shareholders in May (see table):

Also Read - Raymond Q4FY26 Results: Profit Falls 53% Despite Revenue Growth

Infosys announced a final dividend of ₹25 per share for FY26 along with its March quarter results. The company has set 10 June as the record date. At 1:36 pm, Infosys shares were trading at ₹1,168.20 a piece on the NSE.

Tech Mahindra has recommended a final dividend of ₹36 per share for FY26. Combined with an earlier interim dividend of ₹15 per share paid in November 2025, the total payout stands at ₹51 per share, subject to approval. It has set the record date as 3 July 2026. At 1:36 pm, Tech Mahindra shares were trading at ₹1,461.10 a piece on the NSE.

Sources:

Financial Express

Zee Business

Livemint

The Economic Times

This article is for informational purposes only and does not constitute financial advice. It is not produced by the desk of the Kotak Securities Research Team, nor is it a report published by the Kotak Securities Research Team. The information presented is compiled from several secondary sources available on the internet and may change over time. Investors should conduct their own research and consult with financial professionals before making any investment decisions. Read the full disclaimer here.

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