Dividend Stocks, June 9 -- NELCO, Asian Paints, Tata Elxsi Ltd, Indian Bank, Johnson Controls-Hitachi Air Conditioning India Ltd. and Tata Investment Corporation Ltd. are the 5 stocks in focus today that are turning ex dividend today or tomorrow

These companies had set Monday or Tuesday as record date for identifying list of share holders that are eligible to received dividend.

Record date as per T+1 Settlement procedure means that investors need to buy the shares of the companies one day prior to the record date in order that their names appear in the list of eligible share holders to receive dividends and reap benefits of dividend payout amounted by the companies.

NELCO Ltd- Subject to shareholder approval at the company's subsequent...