Business
SAIL Sets Record Date for Final Dividend of ₹2.35 Per Share
Reported by Aditya Chauhan (Staff Writer) · Livemint - Markets ·
Reported by one source so far
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State-owned steel maker Steel Authority of India is set to turn ex-dividend next week. Wednesday, 30 September 2026, is fixed as the record date for the final dividend. The company announced a final dividend of ₹2.35 per share on a face value of ₹10. The board recommended this payout for the financial year 2025-26. The amount will be paid to eligible shareholders within 30 days of approval, subject to tax deducted at source. This payout marks the sixth straight year of dividend distributions by the firm.
Stock Performance
SAIL shares have delivered a gain of 4.33% over the past week. The stock remained largely flat with a 0.22% rise on a one-month basis. Over the last six months, the shares have given a return of 26%. Year-to-date, the stock is up by 24.62%, and it has risen 35.51% over the past year. Longer-term figures show the shares advanced 98.71% over three years and 71.06% over five years.
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