Investors looking to qualify for upcoming dividend payouts have May 21, 2026, as the last trading session to buy shares of several companies before they turn ex-dividend on May 22.
The list includes large-cap engineering major Larsen & Toubro, technology services firm L&T Technology Services, electrical equipment maker Havells India, and wine producer Sula Vineyards, among others.
Here are some of the key stocks going ex-dividend on May 22:
| Company | Dividend |
|---|---|
| Larsen & Toubro | ₹38 per share |
| L&T Technology Services | ₹40 per share |
| Havells India | ₹6 per share |
| Sula Vineyards | ₹2 per share |
| L&T Finance | Dividend announced |
| Jindal Saw | Dividend announced |
| Vinyl Chemicals | Dividend announced |
To be eligible for the dividend, investors must purchase the shares before the ex-dividend date, as companies determine eligible shareholders based on the record date.
Dividend-focused stocks often remain in focus around ex-dividend dates as investors track payout yields, cash distribution trends, and overall shareholder return strategies.
Among the major names, Larsen & Toubro and L&T Technology Services are drawing attention due to their relatively higher dividend payouts, while Havells India continues to remain a closely tracked FMCG-electrical play for long-term dividend investors.
Sula Vineyards, meanwhile, has also remained on investor radar amid rising interest in consumer and premium lifestyle-focused companies.
Market participants will continue to monitor price action in these counters ahead of the ex-dividend adjustment on May 22.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.