Dividend delight on D-Street: As the September quarter earnings season has kicked off in full swing, nearly three companies announced dividends on Friday, October 16. Modison Limited, LTM Limited, and Oberoi Realty Limited rewarded investors with cash payouts.
All the three firms have fixed Friday, October 23 as the record date. For dividend hunters, here are all the details about these companies’ dividend payouts, record date, and most importantly Q2FY27 results.
Modison Limited, on Friday, declared a 400% dividend for the financial year 2026-27. The company’s board of directors has approved ₹4 dividend per equity share with a face value of Re 1 each.
The company has fixed Friday, October 23, as the record date to determine the eligibility of shareholders for the payout.
Modison’s net profit stood at ₹2,332.3 lakhs in Q2FY 27 against a net profit of ₹1,165.69 lakh reported in the year-ago period. Its net revenue from operations increased to ₹27,902.59 lakhs in Q2FY27 against ₹14,516.21 lakhs reported in the year ago period. Its net revenue stood at ₹27,046.67 lakh in Q1FY27.