1150% Dividend Dhamaka: Speciality Chemicals Stock To Reward Investors With Payout; Record Date This Week

Dividend Update: Shares of Pidilite Industries Limited will remain in focus next week as the company's dividend record date is set to fall in the next five days. The adhesive manufacturer had announced a 1150% dividend for financial year 2026-27, and only eligible investors will receive the payout.

Pidilite Industries Dividend

The board had approved a 1150% dividend for FY26 for eligible shareholders. The company recommended a dividend of Rs 11.5 per share on BSE with a face value of Re 1 each. "The Board of Directors at its Meeting held on 7th May, 2026 has recommended a Dividend of Rs. 11.50 per Equity Share of Re. 1/- each for the Financial Year ended 31st March, 2026, and the said Dividend will be payable post approval of the shareholders at the ensuing Annual General Meeting ('AGM') of the Company," as per the BSE filing released earlier.

Pidilite Industries Dividend Record Date: How To Get Eligible for the Payout?

To become eligible for the payout, investors must own the stock on or before the record date. Pidilite Industries' board fixed Thursday, July 23, as the dividend record date.

TDS on Dividend

The company shall therefore be required to deduct tax at source (TDS), at the time of making payment of the dividend, if approved at the aforesaid AGM.

"If there is any change in the information, you are requested to update your records such as tax residential status, PAN and register your e-mail address, mobile numbers and other details with your relevant depositories through your depository participants in case you are holding shares in dematerialized form and if you are holding shares in physical mode, you are requested to furnish details to MUFG Intime India Private Limited, the Registrar and Transfer Agent of the Company ('RTA')," as per the BSE filing.

Pidilite Industries Share Price Trend

Pidilite Industries shares were trading 0.57% higher at Rs 1574.8 per share on BSE with a market capitalisation of Rs 1,60,251.09 crore. The stock hit an intraday high mark of Rs 1,586.85 per share and an intraday low mark of Rs 1,569.25 per share. Pidilite Industries share price touched its 52-week high mark of Rs 1,625.50 per share and its 52-week low mark of Rs 1,259.45 per share. The stock has a return on equity (ROE) of 27.61%. Its share price value has surged close to 11.89% in three months and has surged around 7.21% in 2026 so far.

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