PSU Dividend Watch: Six PSUs Declare Interim Payouts Ahead of February 2026 Record Dates

Income-focused investors are turning their attention to six PSU stocks as key dividend record dates approach. REC, BEML, HUDCO, Bharat Dynamics, Container Corporation of India and NALCO have either declared interim dividends or scheduled meetings where payouts may be approved, drawing interest from yield-oriented and long-term portfolios tracking dividend visibility and technical trends in these counters.

These PSUs span power finance, defence, mining, housing, engineering and logistics, offering sector diversification for dividend strategies. Record dates in early February 2026 decide which shareholders qualify for the latest interim payouts. Analysts are also tracking price patterns, highlighting important support and resistance levels that may guide trading decisions around these events for short-term and positional market participants.

Across the six companies, interim dividend rates range from Rs 1.15 to Rs 4.60 per share. Record dates fall between 6 February 2026 and 9 February 2026, with most entities planning payment within standard regulatory timelines. The table below summarises the announced dividend details, helping investors compare yield potential, timelines and types of interim payout for each PSU stock.

Company	Dividend Type	Dividend per Share	Face Value	Interim Number	Record Date	Payment Timeline
NALCO	2nd Interim Dividend	Rs 4.50	Rs 5	2nd	06-02-2026	On or before 01-03-2026
REC	3rd Interim Dividend	Rs 4.60	Rs 10	3rd	06-02-2026	On or before 27-02-2026
HUDCO	3rd Interim Dividend	Rs 1.15	Rs 10	3rd	07-02-2026	Within 30 days of declaration
Container Corporation of India	3rd Interim Dividend	Rs 3.40	Rs 5	3rd	09-02-2026	On or after 16-02-2026, within 30 days
Bharat Dynamics	Interim Dividend	Rs 4.50	Rs 5	Interim	09-02-2026	As per declaration, within regulatory period
BEML	1st Interim Dividend (proposed)	Not yet specified	Not specified	1st	09-02-2026 (if declared)	Post board approval

NALCO has already cleared a sizeable interim payout for shareholders. The company stated: "In terms of provisions under the Companies Act, 2013 and pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, the Board of Directors have approved payment of 2nd Interim dividend @ Rs. 4.50/- per share (90% on Face value of Rs.5/- each) on the paid-up equity share capital of Rs.918.32 crore for the financial year 2025-26.

The company further added that Friday, 06 February 2026 will decide eligibility. "The Company has fixed Friday, the 06th February, 2026 as Record Date for payment of above 2nd Interim Dividend for the financial year 2025-26 to the eligible shareholders. The payment of 2nd interim dividend shall be made on or before 01.03.2026 to all eligible shareholders, whose names appear in the Register of Members and the beneficial owners position as downloaded by NSDL & CDSL as on Record Date," NALCO said in a statement.

On the technical side, A R Ramachandran highlighted key NALCO chart levels. "NALCO stock price is slightly bullish on the Daily charts with strong support at 342. A Daily close above resistance of 392 could lead to a target of 431 in the near term," commented A R Ramachandran, part-time SEBI-registered Research Analyst, Tips2trades, offering a near-term price view alongside the dividend announcement.

REC PSU dividend record date and market view

REC has declared another interim payout for the current year. The company’s board approved "Declaration of 3rd interim dividend @46% (i.e. Rs 4.60/- per equity share of face value of Rs 10/ - each) for the financial year 2025-26. Further, the record date for the said interim dividend is Friday, February 6, 2026 and the said interim dividend shall be paid on or before February 27, 2026 to those shareholders, whose names appear (i) as beneficial owners in the statement(s) furnished by the depository(ies) as on the close of business hours on February 6, 2026 in respect of shares held in electronic form; and (ii) as members in the register of members on Febmary 6, 2026 in respect of physical shares," REC confirmed in a stock exchange statement.

Short-term traders are watching REC’s resistance and support bands. "REC stock price is bearish on the Daily charts with strong resistance at 374. A Daily close below support of 369 could lead to a target of 331 in the near term," recommended A R Ramachandran, part-time SEBI-registered Research Analyst, Tips2trades, signalling a cautious stance despite the attractive interim dividend rate announced.

HUDCO PSU dividend record date and analyst levels

Housing and Urban Development Corporation has cleared a third interim payout for the 2025-26 financial year. According to the company, the Board of Directors considered and approved "Declaration of 3rd Interim Dividend of Rs.1.15/- per equity share i.e., @ 11.50% (subject to deduction of TDS) on the face value of Rs.10/- each, for the Financial Year 2025-26 and fixation of Saturday, 7th February, 2026 as Record date for reckoning eligibility of shareholders for the purpose of payment of 3rd Interim Dividend. The process of payment of Interim Dividend will be completed within 30 days of its declaration," HUDCO confirmed.

HUDCO’s price structure looks more positive than some peers, based on current charts. "HUDCO stock price is slightly bullish on the Daily charts with strong support at 178. A Daily close above resistance of 201 could lead to a target of 221 in the near term," recommended A R Ramachandran, part-time SEBI-registered Research Analyst, Tips2trades, combining a constructive technical outlook with the announced dividend schedule.

Container Corporation PSU dividend record date and trading range

Container Corporation of India has also announced its third interim payout for the year. "The Board has declared an 3rd Interim Dividend for FY 2025-26 of 68% i.e. Rs.3.40 per equity share of face value of Rs.5/-each amounting to Rs.258.95 crores. The record date for the purpose of payment of Interim Dividend will be 09.02.2026. The Interim dividend will be paid/ dispatched to the shareholders on or after 16.02.2026. The payment of dividend will be made within 30 days of its declaration," Container Corporation of India said in a statement.

From a technical angle, the stock is facing overhead pressure. "Container Corporation stock price is bearish on the Daily charts with strong resistance at 522. A Daily close below support of 519 could lead to a target of 485 in the near term," recommended A R Ramachandran, part-time SEBI-registered Research Analyst, Tips2trades, indicating that price weakness is possible even as the interim dividend supports shareholder income.

Bharat Dynamics PSU dividend record date and chart signals

In the defence segment, Bharat Dynamics has notified the market about its latest interim payout. The company stated: "We wish to inform that the Board of Directors in its 292 meeting held on 31 January 2026 has declared Interim Dividend for the Financial Year 2025-26 @ Rs 4.5 per share of the face value of Rs. 5/- each. The Company has fixed 9 February, 2026 as "Record Date" for the purpose of payment of Interim Dividend on equity shares for the Financial Year 2025-26." Bharat Dynamics confirmed in a statement.

However, price charts suggest a bearish tone. "Bharat Dynamics stock price is bearish on the Daily charts with strong resistance at 1416. A Daily close below support of 1261 could lead to a target of 1141 in the near term," commented A R Ramachandran, part-time SEBI-registered Research Analyst, Tips2trades, pointing to downside risk around current levels, even while the interim cash payout remains attractive for income investors.

BEML PSU dividend record date plan and price view

BEML has not yet declared the quantum of its first interim dividend for FY 2025-26 but has outlined the decision process. The company informed exchanges: "We hereby intimate that a Board Meeting of M/s. BEML Limited will be held on Friday, the 6th February, 2026, inter-alia, to consider and approve the Un-audited Financial Results for the Third quarter ended 31.12.2025 and the declaration of the first Interim Dividend for FY 2025-26. It may be noted that the record date for the payment of first interim dividend for the FY 202526, if declared, will be Monday, 9th February, 2026," BEML confirmed in a regulatory filing.

On the charts, BEML appears weak in the near term. "BEML stock price is bearish on the Daily charts with strong resistance at 1834. A Daily close below support of 1646 could lead to a target of 1437 in the near term," recommended A R Ramachandran, part-time SEBI-registered Research Analyst, Tips2trades, indicating that traders may see further downside even as the market awaits clarity on the interim dividend amount.

Taken together, the six PSU counters present a mix of firm dividend visibility and varied technical structures. Investors focusing on income must monitor record dates closely while also weighing chart signals, sector exposure and personal risk tolerance. The views and recommendations cited are those of individual analysts and entities, and Goodreturns.in and Greynium Information Technologies Private Limited do not provide investment advice, guarantees or endorsements, and readers should seek guidance from licensed financial advisors before acting on this information.