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Navratna PSU company REC Ltd has announced another dividend for its investors.
This will be the 47th time the stock trades ex-dividend, showing the company’s consistent track record of rewarding shareholders.
This time, REC Ltd will pay a dividend of ₹3.20 per share.
Record Date and Dividend Details
According to the company’s stock exchange filing, the dividend is 32% on a face value of ₹10 per share.
This means eligible investors will receive ₹3.20 per share.
The company has fixed March 20, 2026 as the record date. Investors who hold shares till this date will be eligible for the dividend.
Earlier this year, on February 6, 2026, the company paid a dividend of ₹4.60 per share.
REC Ltd has a long history of rewarding investors.
First ex-dividend: 2008 (₹3 per share)
2009 dividend: ₹2 per share
Multiple dividends over the years
The company has also issued bonus shares twice:
In 2016: 1 bonus share for every 1 share
In 2022: 1 bonus share for every 3 shares
This shows the company’s focus on giving returns to long-term investors.
How Is the Stock Performing?
REC Ltd shares recently closed at ₹332.30 on the Bombay Stock Exchange, with a slight gain of 0.20%.
However, the stock has seen some pressure in the short term:
Down 12% in the last 6 months
52-week high: ₹450.35
52-week low: ₹321.05
Long-Term Performance Looks Strong
Despite recent declines, the long-term performance of REC Ltd has been impressive:
2 years: Down 25%
3 years: Up 184%
10 years: Up 436%
This shows that while the stock may fluctuate in the short term, it has delivered strong returns over time.
Final Takeaway
REC Ltd continues to reward investors with regular dividends and bonus shares.
If you are a shareholder, keeping an eye on the record date is important to benefit from the payout.
At the same time, always consider market risks and take expert advice before investing.