50% Dividend Alert: THIS Specialty Chemicals Stock To Reward Investors With Payout | Check Record Date
Dividend Alert: Shares of Rain Industries reversed all its gains and ended 8.3% lower on Friday. Earlier in the day, the stock had touched a fresh 52-week high mark after the company announced its quarterly results for the June quarter of financial year 2026-27. The Hyderabad-headquartered petrochemical maker's net profit surged close to four times to Rs 341 crore in June quarter, against Rs 83 crore in the same period in previous financial year. The firm had also announced 50% dividend for investors.
Rain Industries stock closed 8.27% lower at Rs 221.9 per share on BSE with a market capitalisation of Rs 7,463.51 crore on Friday. The stock had touched an intraday high mark of Rs 251.95 per share and an intraday low mark of Rs 211.50 per share.
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Rain Industries Dividend
The company's board of directors had recommended a 50% interim dividend for investors. The board "Declared an Interim dividend of Rs. 1.00 per equity share i.e., 50% on a face value of Rs.2/- per equity share fully paid up for the Financial Year ending on December 31, 2026."
Rain Industries Dividend Record Date
The board has fixed Friday, August 14, as the record date to determine the eligibility of shareholders for the payout. "The Board of Directors of the Company at its meeting held on Thursday, the August 6, 2026, have Fixed Friday, August 14, 2026 as the Record Date for taking record of the Shareholders of the Company for the purpose of Payment of Interim Dividend for the Financial Year ending December 31, 2026."
Investors must own the stock before the dividend record date for the payout, which is likely to take place on August 28, as per the company BSE filing.
Rain Industries Share Price Trend
The stock saw massive crash during Friday's trading session and ended 8.2% lower. The specialty chemical stock hit its 52-week high mark of Rs 251.95 per share on August 7, 2026. The stock dipped to its 52-week low mark of Rs 99.85 per share on December 9, 2025. It has a return on equity (ROE) of 1.54%. Its share price value has surged 64% in three months and around 51% in 2026 so far.
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