SAIL to turn ex-dividend next week with ₹2.35 final dividend for FY25-26

The Board of Directors recommended the dividend at its meeting on 15 May 2026, stating it represents 23.50% of the company’s paid-up equity share capital. Subject to shareholder approval at the ensuing AGM and deduction of TDS, the dividend will be paid within 30 days of approval.

Based on the prevailing market price of ₹184.85, the dividend offers an estimated yield of 1.27%. In the prior year, SAIL declared a final dividend of ₹1.60 per share with a record date of 9 September 2025. The company has maintained a consistent dividend track record, having paid dividends in multiple tranches in previous years, including interim and final payouts in 2024, 2023, 2022, and 2021.

SAIL’s stock has delivered strong returns, gaining 26% over the last six months. On a year-to-date basis, shares have risen 24.62%, and the stock is up 35.51% over the past year. Longer-term performance shows gains of 98.71% over three years and 71.06% over five years. In the past week, the stock rose 4.33%, while remaining largely flat over one month with a marginal gain of 0.22%.

The dividend announcement comes as part of SAIL’s ongoing shareholder return policy, reflecting its stable financial performance as a state-owned steel producer. No further details on the payment date beyond the 30-day window post-approval were provided in the source material.