Three major stocks go ex-dividend on June 12
Trent
Ltd will trade ex-dividend on June 12, 2025, following its announcement of a ₹5 per equity share dividend for the fiscal year 2024-25. The company has fixed the record date for dividend eligibility on the same day, with payouts expected after shareholder approval around July 7, 2025.
Similarly, Tata Chemicals’ board has declared a final dividend of ₹11 per share for FY 2025, with June 12 as the record date. The stock will trade ex-dividend on this date, which means the share price will adjust to reflect the dividend payout.
Avantel Ltd, an aerospace and defense company, also joins the list, trading ex-dividend on June 12. The firm recommends a modest final dividend of ₹0.2 per share. Notably, Avantel’s shares have surged 40% over the past year, outperforming the Sensex’s approximate 8% rise, making it an attractive dividend stock.
Ethos announces rights issue to raise ₹409 crore
Adding to June 12’s market significance, Ethos Ltd is set to kick off a rights issue aimed at raising up to ₹409 crore. Eligible shareholders will be entitled to subscribe to 4 new shares for every 43 shares held as of the record date. The rights shares carry a face value of ₹10 each, marking a strategic move to bolster the company’s capital base.
