GENERAL18 Sept 2026
Dividend comparison: Maharatna SAIL vs Navratna NMDC - Yield, PSU stocks performance ahead of record date | Stock Market News
Two state-run metal companies, SAIL and NMDC, have announced their final dividends for FY 2025-26. SAIL will pay ₹2.35 per share for a 1.32% yield, while NMDC pays Re 1 per share, giving a higher 3.8% yield. If you want the payout, you must hold the shares before the record date, 30 September for SAIL and 5 October for NMDC.
Key Statutory Highlights
- SAIL has announced a final dividend of ₹2.35 per equity share with a face value of ₹10 each, which works out to a 1.32% annual dividend yield.
- NMDC has announced a 100% dividend of Re 1 per equity share with a face value of Re 1, giving it a higher annual dividend yield of 3.8%.
- SAIL has fixed 30 September as its dividend record date, while NMDC has fixed 5 October, so NMDC investors must buy the stock by Thursday, 1 October, since Friday is a market holiday.
Actionable Advice for Taxpayers / Founders:If you are considering these PSU stocks for the dividend, check the record dates for SAIL and NMDC on the exchange notices and speak to your adviser before buying, since holding shares only around a dividend date may not suit your overall investment plan.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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