Engineers India Dividend: Last Day to Buy Shares for ₹2.50 Per Share Payout; Stock Gains 16% in 5 Days

For investors who wish to get rewarded with a dividend, today is the last day to buy Engineers India shares. The company has declared an interim dividend of Rs. 2.50 per equity share and the record date for the dividend has been fixed for tomorrow, September 24.

A day before the record date Engineer India shares were trading 1.60% higher at Rs. 307.40 at the time of writing. Over the last five days Engineer India shares have surged more than 16.4% and 20% in the 30 days.

Engineers India Dividend Details

As per the company's exchange filing, "The Board recommended a final dividend of Rs. 2.5 per share (on the face value of 5/- each) on the equity shares of the Company for the financial year 2025-26. The final dividend is subject to approval of shareholders in the ensuing Annual General Meeting."

Given the T+1 settlement cycle, buying the stock on the record date itself would not make an investor eligible for the payout. As per standard practice, the dividend is expected to be credited to eligible shareholders' bank accounts within 30 days of the record date.

Engineers India's current dividend yield is around 2.4%, and the company has a track record of paying dividends multiple times in a financial year. Earlier in FY26, the company paid a dividend of Rs. 1.50 per share, with a record date of March 6, 2026. Over the last fiscal year (FY24-25), Engineers India paid a total dividend of Rs. 4 per share, following a Rs. 2 per share final dividend for FY25 with a record date of August 29, 2025.

Tax On Dividend Income

Dividend income from Engineers India is taxable at the investor's applicable income tax slab rate. TDS of 10% is deducted at source if an individual's total dividend income from the company crosses Rs. 10,000 in a financial year, while NRI investors are subject to 20% TDS or the applicable DTAA rate.