Dividend Delight: Maharatna PSU To Reward Investors With 12.5% Dividend | How To Get Eligible?

Dividend Alert: Shares of Power Grid Corporation of India will remain in focus on next week ahead of the company's dividend record date set to fall in the coming days. The Maharatna PSU is set to reward its investors with a 12.5% dividend.

Power Grid stock closed 0.37% higher at Rs 271.75 per share on BSE with a market capitalisation of Rs 2,52,743.91 crore. The stock had touched an intraday high mark of Rs 272.80 per share and an intraday low mark of Rs 268.55 per share during the trading session.

Power Grid Dividend

The company's board of directors had recommended a 12.5% final dividend for the financial year 2026-27. Power Grid Board had "Recommended final dividend of Rs. 1.25/- per equity share of Rs. 10/- each, at 12.50% of the paid-up equity share capital) for the Financial Year 2025-26 subject to the approval of the shareholders at the ensuing Annual General Meeting (AGM) of the Company."

The final dividend would be paid within 30 days from the date of declaration at the AGM. The final dividend is in addition to the 1st interim dividend of Rs 4.5 per share, and the second interim dividend of Rs 3.25 per share.

Power Grid Dividend Record Date

The company's board of directors fixed Thursday, August 13 as the record date to determine the eligibility of investors. "The Company has fixed the Record Date/Cut-off Date as Thursday, 13 th August, 2026 for determining the entitlement of the members for payment of Final Dividend on Equity Shares and for the purpose of 37 th AGM of the Company," as per the press release. The final dividend is likely to be paid on or before September 16.

Power Grid Share Price Trend

The stock closed marginally higher on Friday. Its share price hit its 52-week high mark of Rs 324.80 per share on April 27, 2026. The stock dipped to its 52-week low mark of Rs 250.05 per share on February 2, 2026. The PSU stock has a return on equity of 17.16%. Its share price value has declined 13.4% in three months and around 22.8% in two years. The stock has delivered 46% return in three years.

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