Tata Chemicals To Trade Ex-Dividend This Week: Record Date In 2 Days; Buy Or Accumulate On Dips?

A part of the Tata Group, Tata Chemicals Limited (TCL) is a multinational provider of environmentally friendly chemical solutions. TCL has a global client base and operates in more than 40 countries. With a substantial market share worldwide, TCL is a top manufacturer of soda ash, an essential component in the making of glass. Through Rallis India, Tata Chemicals has an excellent track record in crop protection and reaches a large number of Indian regions. TCL also has a specialized research and development team in Pune and Bangalore. Since the stock will trade ex-dividend on June 12th, the deadline for being eligible to receive a declared dividend, Tata Chemicals will be the center of attention in the coming sessions.

Tata Chemicals Dividend

"The Company has fixed Thursday, June 12, 2025 as the 'Record Date' for determining entitlement of Members to dividend for the financial year ended March 31, 2025, if declared at the AGM. The dividend of Rs 11 per ordinary share of Rs 10 each (i.e. 110%), if declared by the Members at the AGM, will be paid subject to deduction of income-tax at source ('TDS'), on or after Thursday, July 3, 2025 as under: a) To all beneficial owners in respect of shares held in dematerialised form as per the data as may be made available by NSDL and Central Depository Services (India) Limited ('CDSL') as of the close of business hours on Thursday, June 12, 2025; b) To all Members in respect of shares held in physical form after giving effect to valid transmission and transposition requests lodged with the Company as of the close of business hours on Thursday, June 12, 2025," said Tata Chemicals in a statement.

Tata Chemicals Dividend Yield

Based on Rs 15 paid over the previous 12 months, Trendlyne says that the stock is trading at about Rs 965 with a dividend yield of 1.55%. SimplyWall.st notes the upcoming Rs 11 dividend (ex-dividend June 12, 2025; payable July 3, 2025) and lists a yield of 1.15%. Tata Chemicals' trailing yield (~1.55%) is more than double the industry average, as the average trailing 12-month dividend yield in the chemicals & petrochemicals sector (India) is around 0.65%. On a trailing basis, Tata Chemicals' dividend yield is almost 2.38× higher than the industry average, which is substantially higher than that of the average Indian chemical company.

Tata Chemicals Share Price Target

"Tata Chemicals is holding steady above its support near ₹950. It's testing resistance at ₹990-₹1,000 - a breakout above ₹1,000 on good volume may push it toward ₹1,050. On the downside, support at ₹950 and then at ₹925 offers a safety cushion. The stock remains range-bound, and a move beyond ₹1,000 is needed for clarity. Traders can consider buying above ₹995 with a stop-loss around ₹940 or accumulate on dips toward ₹960," commented Riyank Arora - Technical Analyst - Mehta Equities Limited.

Disclaimer

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