Dividend stock 2026: BSE 500 stock announces 600% dividend in Q4 results, fixes record date and payment date – Markets

Dividend stock 2026: BSE 500 stock announces 600% dividend in Q4 results, fixes record date and payment date - Markets


Dividend stock 2026: A BSE 500 stock has announced a 600 per cent dividend for its shareholders in its earnings report for the quarter ended March 31, 2026. The stock in discussion is Maharashtra Scooters Ltd.

The Board of Maharashtra Scooters Ltd has announced a dividend of Rs 60 per equity share for the financial year ended March 31, 2026.

“Kindly further note that final dividend of Rs. 60/- per share (600%) of face value of Rs. 10 on equity shares of the Company have been recommended by the Board of Directors today for the financial year ended 31 March 2026,” the company said in an exchange filing.

The record date for the purpose of determining the members eligible to receive the dividend for the financial year ended March 31, 2026, has been fixed as Tuesday, 30 June 2026.

“Further, pursuant to Regulation 42 of the SEBI Listing Regulations, 2015, the record date for the purpose of determining the members eligible to receive the dividend for the financial year ended 31 March 2026, has been fixed as Tuesday, 30 June 2026,” Maharashtra Scooters said in the filing.

Maharashtra Scooters dividend 2026 payment date

The dividend, if declared by the shareholders at the ensuing Annual General Meeting, will be credited on or before August 4, 2026.

Maharashtra Scooters reported a 92.6 per cent year-on-year (YoY) decline in its profit after tax (PAT) at Rs 4 crore in Q4 FY26 vs Rs 51.6 crore in the year-ago period.

The company’s revenue from operations came in at Rs 6 crore in Q4 FY26 against Rs 6.6 crore posted in the same quarter the previous year. This represent a decline of 9.1 per cent YoY.

Shares of Maharashtra Scooters were trading at Rs 12927.30, down Rs 85.70 or 0.66 per cent from the previous closing of Rs 13013, on the BSE at around 1.09 PM.

(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)



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