Now Reading: Ingersoll-Rand India declares ₹20 interim dividend, record date Nov 19
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Ingersoll-Rand India declares ₹20 interim dividend, record date Nov 19
Ingersoll-Rand India declares ₹20 interim dividend, record date Nov 19
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The Story in Brief
Ingersoll-Rand (India) has declared an interim dividend of ₹20 per equity share for FY27, announced on November 6. The record date to determine eligible shareholders is November 19, 2026. The dividend, which is 200% of the face value of ₹10 per share, is scheduled to be paid on December 2, 2026.
The company paid a final dividend of ₹20 per share in May 2026 and an interim of ₹20 per share in November 2026. In FY26, total dividends amounted to ₹75 per share, while in FY25 it was ₹80 per share. Based on the stock price of about ₹4,127 on November 12, the dividend yield stands at approximately 1.82%. The stock has gained 14.51% year-to-date and 228.54% over the past five years.
Indian Opinion Analysis
The ₹20 interim dividend is a drop from the ₹55 interim paid last November, and the total FY27 payout so far is less than half the ₹75 paid for FY27 as a whole. The board has not declared a second interim or a final dividend yet. Investors who need regular income now get 1.82% yield, below bank savings. The next payout decision, a final dividend in May 2027 or another interim before March 2027, will fill in the picture for FY27.
Source: livemint.com
This brief was synthesised by AI from the source linked above. Methodology and corrections.
