Now Reading: Engineers India declares Rs 2.5/share dividend, record date set
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Engineers India declares Rs 2.5/share dividend, record date set
Engineers India declares Rs 2.5/share dividend, record date set
Engineers India Ltd has declared a final dividend of Rs 2.5 per equity share for the financial year 2025-26. The dividend will be paid to shareholders after approval at the upcoming annual…
Engineers India Ltd has declared a final dividend of Rs 2.5 per equity share for the financial year 2025-26. The dividend will be paid to shareholders after approval at the upcoming annual general meeting (AGM).
The company, a public sector undertaking under the Ministry of Petroleum and Natural Gas, has fixed the record date for the dividend as 12 September 2025. Shareholders holding shares on that date will be eligible for the payout. The AGM will also consider the appointment of directors and the adoption of the audited financial statements for the year.
Indian Opinion Analysis
Engineers India, a government-owned consultancy in the hydrocarbon and infrastructure sectors, typically pays dividends from its profits. The Rs 2.5 per share payout translates to a dividend yield of about 1.5% at current market prices. The final dividend, if approved, will be paid out of the company's retained earnings for FY25-26. Investors should note that dividend income is taxable in the hands of shareholders as per the applicable income tax slab. The next item on the corporate calendar is the AGM, where the dividend resolution will be voted on by shareholders.
Source: ndtvprofit.com
This brief was synthesised by AI from the source linked above.
