Petrochemical company Supreme Petrochem announced a first interim dividend of ₹2.50 per share for FY27 alongside its financial results for the September quarter on Friday, October 23.
“Declared interim dividend of ₹2.50 per equity share of the company (viz. 125%) for the financial year 2026-2027 on its paid-up equity share capital (consisting of 188,041,342 equity shares of ₹2 each), entailing an outgo of ₹4,701.03 lakh,” the company said in its regulatory filing.
The company has fixed Friday, October 30, as the record date to determine shareholders’ eligibility for the dividend. However, it has not disclosed when the dividend payment will commence.
Investors looking to benefit from the payout must ensure they purchase the stock in time to qualify for the dividend. Under India’s T+1 settlement cycle, shares purchased on or after the record date will not qualify for the payout.
Over the past 12 months, Supreme Petrochem has declared equity dividends totalling ₹10.50 per share. At the current share price of ₹712.60, the company’s dividend yield stands at 1.47%.