PSU stock explodes before Holi! This company announced dividend; Check record date (Image/AI)
PSU Dividend Stock, Engineers India Ltd: The giant government sector company Engineers India Limited (EIL) has brought a great news for you. Just before Holi, this Navratna PSU has doubled the happiness of its investors by declaring dividend. Let us know how much money you will get per share and what is the record date.
Engineers India (EIL) Dividend – How much money will you get?
The Board of Engineers India has announced its second interim dividend for the financial year 2025-26. The company has decided that it will reward its shareholders with ₹1.50 per share. Note that this dividend is being given on shares with face value of ₹5. If you have 100 shares of this company, then a dividend of ₹ 150 will come directly to your account. Earlier in December 2025 also, the company had given an interim dividend of ₹ 1, which means investors are earning good income this year.
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Record date and payment date
To avail any profit in the stock market, two dates are most important – record date and payment date.
Record Date
The company has set the record date as March 6, 2026 (Friday). This means that only those who have EIL shares in their demat accounts as of March 6 will be entitled to this dividend of ₹1.50.
Payment Date
The company has said that the payment of dividend will start from March 20, 2026. The money usually arrives in your linked bank account within 30 days of declaration.
How is the health and performance of the company?
To stay in any stock, it is important to see its performance. The company’s net profit has increased to ₹301.7 crore in the October-December 2025 quarter (Q3FY26), which was just ₹88.1 crore in the same quarter last year. That means more than 240% growth in profits! Additionally, the company has pending orders worth ₹12,537.9 crore as of December 31, 2025, indicating good earnings in the future.
If you want to buy this share for dividend, remember that you have to buy it before the Ex-Date (which is a day before or on the same day as the record date). Navratna companies like Engineers India have always been reliable for long-term investors because of their strong business model and government backup.
Disclaimer: This article is for informational purposes only and should not be construed as investment advice in any way. ET NOW Swadesh recommends its readers and viewers to consult their financial advisors before taking any money-related decisions.
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