HUDCO Dividend: Board Finalizes 4th Interim Dividend of 12.50%; Check Record Date

With an emphasis on EWS/LIG housing, the Housing and Urban Development Corporation Limited, often known as HUDCO, is a public sector organization in India that finances housing and urban infrastructure projects all throughout the country. The PSU company's Board of Directors has declared the fourth interim dividend for FY26. The news caused the share price of Housing and Urban Development Corporation Ltd (HUDCO) to settle at Rs 177.25 on the NSE at 3:30 PM IST on March 25, 2026, a gain of 4.78% from the previous closing. The company's market capitalization was Rs 35,483.68 Cr.

HUDCO Dividend

The Board of Directors considered and approved the "Declaration of 4th Interim Dividend of Rs. 1.25/- per equity share i.e., @ 12.50% (subject to deduction of TDS) on the face value of Rs.10/- each, for the Financial Year 2025-26 and fixation of Saturday, 28th March, 2026 as Record date for reckoning eligibility of shareholders for the purpose of payment of 4th Interim Dividend. The process of payment of Interim Dividend will be completed within 30 days of its declaration. In relation to the taxation of dividend, shareholders are being requested to refer to the communication uploaded HUDCO's website under the tab Investors>Dividend>TDS Communication," HUDCO confirmed in a regulatory statement.

HUDCO's Annual Borrowing Plan

The Board also approved "Annual borrowing plan / programme of amount upto Rs.70,000 Crore for the Financial Year 2026-27 through various sources/ modes which would include long-term and short-term loans/ lines of credit, bonds/ debentures of various nomenclature / types including 54EC Capital Gain Tax Exemption bonds, Subordinated bonds and / or Perpetual Tier-I Capital and/or Tier-II Capital bonds, Commercial/ structured paper(s), FCNR(B) loans, borrowings from Banks in equivalent foreign currency, ECBs, borrowings from multilateral institutions/ international agencies, Refinance assistance, loans against FD, Overdraft facility, Working Capital Demand Loans, etc. Further, the borrowings to be raised through issue of Bonds/ debentures, of any nomenclature/ type, during the year shall be determined by the Bond Allotment Committee based on funds requirement from time-to-time," HUDCO further informed to the stock exchanges on 23rd March 2026.

HUDCO Target Price

"Hudco stock price is slightly bullish on the Daily charts with strong support at 164. A Daily close above resistance of 172.5 could lead to a target of 194 in the near term," commented A R Ramachandran, part-time SEBI-registered Research Analyst, Tips2trades.

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