Page Industries Limited has set May 27, 2026 as the record date for its interim dividend of ₹150 per share, meaning investors who held shares as of May 26 are eligible for the payout under India’s T+1 settlement cycle.
Under the T+1 settlement framework, shares purchased on the record date itself are settled the following day and therefore do not qualify for the dividend. Investors needed to have shares in their demat account at the close of trading on May 26 to be counted as eligible shareholders.
The stock was trading at ₹38,390 on the NSE on May 27, up 0.22% from its previous close of ₹38,305. The day range stood at ₹38,065 to ₹38,410, with the 52-week range between ₹29,805 and ₹50,590. Market capitalisation stands at approximately ₹42,820 crore.
On taxation, dividends are taxable in the hands of shareholders. Companies are no longer required to pay Dividend Distribution Tax. TDS at 10% applies on dividend income for resident individuals if the total dividend received in a financial year exceeds ₹5,000.
Page Industries, the exclusive licensee of Jockey and Speedo brands in India, trades at a trailing P/E of 56.06 with a dividend yield of 1.43%.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Please consult a qualified financial advisor before making any investment decisions.