Sun TV Network Limited has announced an interim dividend for its shareholders. The company’s board took this decision during a meeting held on Friday. It approved an interim dividend of ₹1.25 per share for the financial year 2025–26.
The dividend will be paid on each share that has a face value of ₹5. After this announcement, the company’s stock may see some movement when the market opens on Monday, March 9.
Dividend Record Date Not Announced Yet
The company has not yet announced the record date or the dividend payment date. Because of this, investors will need to wait for further details.
The record date is important because it decides which shareholders are eligible to receive the dividend.
It also determines when the dividend amount will be credited to investors’ accounts. The company is expected to announce these details soon.
What the Company Does
Sun TV Network Limited is one of the leading companies in the media and entertainment industry in terms of business volume.
Its main business is television broadcasting, and it has a strong presence in several states in South India. Because of its wide reach and popular channels, the company is considered a major player in the regional TV network sector.
Company’s Position in the Stock Market
On Friday, the company’s shares closed slightly higher on the Bombay Stock Exchange. The stock gained 0.81% (₹4.85) and closed at ₹600.05.
During the day, the stock touched an intraday high of ₹606.50. Over the past year, the company’s 52-week high has been ₹691.00, while the 52-week low stands at ₹485.10.
Currently, the company has a market capitalization of about ₹23,647 crore.