Dividend Stock: Mangalore Refinery and Petrochemicals Limited (MRPL), a subsidiary of ONGC, has announced an interim dividend of 30 per cent alongside its Q2 results. The refinery stock has delivered a return of 229.98 per cent over the past five years.
MRPL has announced an interim dividend of Rs 3 per equity share for the financial year 2026-27. The company has fixed October 21, 2026, as the record date for determining shareholders’ eligibility for the dividend. According to the company’s exchange filing, the dividend will be paid on or before November 04, 2026.
MRPL is part of the Nifty Smallcap 100 index and has a market capitalisation of Rs 30,025.52 crore. The company has a face value of Rs 10 per share.
MRPL has announced an interim dividend of Rs 3 per equity share, representing a payout of 30 per cent of the face value of Rs 10.
“An Interim dividend at the rate Rs 3 /- on fully paid up equity shares of %10/- each i.e. 30% for the Financial Year 2026-27,” the company said.
Based on the announced dividend, an investor holding 100 MRPL shares would be eligible to receive Rs 300 as an interim dividend, subject to meeting the eligibility criteria.
MRPL Interim Dividend Record Date
MRPL has fixed October 21, 2026, as the record date for the interim dividend.
“Pursuant to Regulation 42 of SEBI (LODR), the Board has fixed October 21, 2026 as the “Record Date” for the purpose of ascertaining the eligibility of shareholders for payment of interim dividend,” the company said.
The record date determines which shareholders are eligible to receive the dividend. Under India’s T+1 settlement cycle, investors generally need to purchase shares at least one trading day before the ex-dividend date to qualify for the payout.
MRPL Interim Dividend Payment Date
MRPL has stated that the interim dividend will be paid by November 04, 2026.
“The Interim Dividend would be paid to eligible shareholders on or before November 04, 2026,” the company said in an exchange filing.
MRPL Stock Performance: A Multibagger Stock
MRPL shares have delivered substantial returns over the longer term, gaining 229.98 per cent over five years and 65.87 per cent over three years.
On a one-year basis, the stock has advanced 19.50 per cent, while its year-to-date (YTD) return stands at 11.80 per cent. MRPL shares have gained 3.30 per cent over the past month.
However, the stock has declined 0.31 per cent over the past week.
(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.)