Bajaj Auto Ltd Announces 150 Rupees Per Share Dividend with Record Date Set for May 29 Bajaj Auto Ltd has announced a dividend of 150 rupees per share for its shareholders, with the record date set for May 29. This decision marks the company's continued commitment to rewarding investors, as it plans to distribute the dividend to eligible shareholders who hold the shares on the specified date. The announcement comes amid a period of steady performance for the company, which has maintained a strong track record of dividend payouts. The dividend amount represents a reduction from the 210 rupees per share distributed in 2025, but it remains significantly higher than the 80 rupees per share paid in 2024. This marks the company's second consecutive year of paying a dividend exceeding 100 rupees per share, reflecting its financial strength and profitability. Bajaj Auto Ltd has been a consistent dividend payer since 2008, when it first distributed 20 rupees per share to investors. The company's ability to sustain and increase dividends over the years underscores its resilience in the competitive automotive sector. The record date of May 29 is crucial for investors, as it determines eligibility for receiving the dividend. Shareholders must ensure their holdings are registered by this date to qualify for the payout. The company's decision to set the record date within the same month as the announcement highlights its proactive approach to managing investor expectations and ensuring smooth distribution processes. In addition to its dividend history, Bajaj Auto Ltd has also demonstrated strong performance in the stock market. Over the past six months, the company's shares have shown a 17% increase, while the stock has delivered a 24% return over the past year. The 52-week high for Bajaj Auto Ltd's shares stands at 10,784.#stock_market #shareholders #dividend #bajaj_auto_ltd #may_29
HPCL Reports Strong Q4 Performance and Approves Record Dividend Hindustan Petroleum Corporation Ltd. (HPCL) announced robust financial results for its March quarter, highlighting a significant rise in net profit and approving its highest dividend payout in five years. The state-run oil refiner’s board declared a dividend of ₹19 per share for the financial year 2026, surpassing previous payouts and reflecting improved operational performance. The results were met with positive market reaction, with HPCL shares rising up to 2% following the announcement. For the March quarter, HPCL reported a net profit of ₹4,901 crore, far exceeding the ₹2,120 crore forecast by CNBC-TV18. This marks a 20% sequential increase in net profit compared to the previous quarter. Revenue for the quarter stood at ₹1.15 lakh crore, matching the December quarter’s figures but slightly below the ₹1.35 lakh crore projected by the financial outlet. The company’s Earnings Before Interest, Tax, Depreciation, and Amortisation (EBITDA) surged 28% to ₹8,979 crore, driven by expanded margins that rose 170 basis points to 7.8% from 6.1% in the prior quarter. The financial year’s Gross Refining Margin (GRM) reached $8.79 per barrel, a notable increase from $5.74 per barrel in the previous financial year. For the fourth quarter alone, the GRM was $14.5 per barrel, though this fell short of the CNBC-TV18 poll’s expectation of $16 to $18 per barrel. GRM, a key metric for refining companies, represents the profit generated after converting raw crude oil into finished petroleum products, calculated as the difference between the total product value and the cost of raw materials. The dividend approval for 2026 marks a significant milestone for HPCL shareholders.#hpcl #hindustan_petroleum_corporation_ltd #dividend #cnbc_tv18 #financial_year_2026
PFC shares climb 4% as board approves fourth interim dividend, borrowing plan for FY27 Shares of the state-owned Power Finance Corporation (PFC) surged 4.04% to an intraday high of ₹434.95 per unit on the National Stock Exchange (NSE) on March 18, 2026, following the announcement that its board had approved the fourth interim dividend for the 2025-26 financial year. The dividend, set at ₹3.25 per equity share with a face value of ₹10, was declared by the board during its meeting on March 17, 2026. The payment date for the dividend is scheduled for April 16, 2026, with the record date for eligibility determination fixed for March 23, 2026. The stock was trading at ₹426.60 per share as of 12:57 PM on March 18, reflecting a 2.05% gain. Over the past week, the stock had risen 5%, and it was up 2% for the month. On a year-to-date basis, the share price had advanced 18%. However, the stock had previously touched a 52-week low of ₹329.90 on December 18, 2025, before hitting a yearly high of ₹444.10 on April 22, 2025. In addition to the dividend approval, the board sanctioned a borrowing plan of ₹1.6 lakh crore for the 2026-27 fiscal year. The company stated it may borrow up to ₹1.6 lakh crore in FY27, excluding funds raised under extra budgetary resources (EBR), subject to borrowing limits approved by shareholders. The plan includes ₹1 lakh crore in the form of bonds, securities, long or medium-term instruments, and term loans, along with ₹20,000 crore in foreign currency borrowing through various instruments. The company’s total market capitalization stood at ₹1.41 lakh crore as of March 18, 2026, according to NSE data. The borrowing plan is part of PFC’s strategy to manage its financial obligations and support its operations, which include managing power sector projects and infrastructure development.#india #national_stock_exchange #power_finance_corporation #dividend #borrowing_plan
