PSU Dividend Stocks
SAIL, IGL, and NMDC Announce Dividend Payouts with Record Dates in September and October
Three public sector undertakings are preparing to distribute dividends to shareholders in the coming weeks, with record dates falling in late September and October. Steel Authority of India Limited (SAIL) has declared a dividend of ₹2.35 per equity share, representing 23.5% of its face value of ₹10. The company has set Wednesday, September 30, as the record date for this payout. At the time of reporting, SAIL shares traded at ₹184.90 on the BSE, reflecting a 0.49% gain, with a market capitalisation of ₹76,365.40 crore. The stock has delivered a 21% return over six months and a 35% gain over one year, while its return on equity stands at 7.68%.
Indraprastha Gas Limited (IGL) has recommended a final dividend of 75%, equivalent to ₹1.50 per share on a face value of ₹2, for the financial year 2025-26. The record date for this dividend is fixed for October 1, 2026. IGL shares were trading at ₹145 on the BSE, down 0.48%, with a market capitalisation of ₹20,300.02 crore. The stock has declined 13.27% year-to-date in 2026, fallen 29% over the past year, and dropped approximately 47% over two years. Despite the price pressure, IGL maintains an ROE of 12.73%.
NMDC Limited will pay a dividend of ₹1 per equity share for FY 2025-26, which amounts to 100% of its face value of ₹1. The record date for this payout is October 5. At 3:12 pm on Friday, NMDC shares were trading at ₹80 on the BSE, down 1.05%, with a market capitalisation of ₹70,334.54 crore. The stock has returned 4.78% over one year, 6.43% over two years, and approximately 68% over three years. NMDC’s return on equity is reported at 26.46%.
Investors seeking to receive these dividends must ensure they hold the respective stocks before the specified record dates. The announcements highlight the continued focus of select PSUs on returning capital to shareholders through regular dividend distributions.
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