17 Mar 2026, Tue

Dividend Stock: Navratna company is going to give dividend for the fourth time in the year, record date also announced; Know details

Stocks to watch: Navratna company REC Ltd is once again going to give dividend to its investors. The company has announced to give dividend for the fourth time for the financial year 2025-26. In this connection, this government company of power sector also held a meeting on 6th March.

How much will you get on each share?

After the board meeting, the company has announced a fourth interim dividend of Rs 3.20 per share for 2025-26 to its investors. The record date for this has been fixed as March 20. In the information given to the stock exchange, the company has decided to give 32 percent of a share with a face value of Rs 10 as dividend. That means if you have 1 share of REC Limited, then the company will give you Rs 3.20 on it.

Similarly, if you have 100 shares of the company, you would have got Rs 320 (100*3.20). If you have 1000 shares, then Rs 3200 will come to your bank account. However, to get the benefit of dividend, you must hold the shares of the company till March 20 (record date). The dividend money will go to your bank account which is directly linked to your demat account.

Company specializing in distributing dividends

REC Limited has so far given a total dividend of Rs 17 in the financial year 2025-26.

  • First dividend- Rs 4.60
  • Second dividend- Rs 4.60
  • Third dividend- Rs 4.60
  • Fourth dividend- Rs 3.20

The company paid its first dividend in September 2008. The company had brought its IPO in February this year. The company’s shares were listed in the stock exchange (BSE/NSE) on March 12, 2008. Since listing, the company has declared dividend a total of 45 times.

Investors should keep this in mind

After the announcement in Budget 2026, tax is now imposed on the income earned from dividends. If you have earned Rs 10,000 from dividend in a year, then the company deducts 10 percent TDS on it. Earlier this limit was Rs 5000. To avoid this, Form 15G/15H has to be filled and submitted by the record date.

Disclaimer: (The information provided here is being given for information only. It is important to note here that investing in the market is subject to market risks. Always consult an expert before investing money as an investor. ABPLive.com It is never advised for anyone to invest any money here.)

Also read:

Shares were hit hard in the bustling stock market, investors were left bankrupt amid Iran war.

Source link

By Admin

Leave a Reply

Your email address will not be published. Required fields are marked *