# India Inc dividend payout ratio hits 12-year low at 27.6% in FY26 2026-08-10T09:38:12+00:00 | Business & Economy | Indian Opinion Desk Corroboration: 1 independent outlet India Inc's aggregate dividend payouts rose 8.2% year-on-year to Rs 5.13 lakh crore in FY26, but the payout ratio fell to 27.6%, its lowest in 12 years, according to a Mint analysis of BSE 500 companies. The growth slowed from 11.9% in FY25, and the top six payers (TCS, HDFC Bank, Infosys, ITC, ONGC and Coal India) accounted for 26% of total dividends. Companies are retaining more earnings because of uncertainty, while buyback activity has surged to Rs 24,951 crore in 2026 so far. ## Coverage - livemint.com Tags: BSE 500, buybacks, capital discipline, corporate earnings, dividends, payout ratio Canonical: https://indianopinion.org/india-inc-dividend-payout-ratio-hits-12-year-low-at-27-6-in-fy26/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/india-inc-dividend-payout-ratio-hits-12-year-low-at-27-6-in-fy26/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes.