Bharti Airtel fixes a record date of July 24 to determine shareholders eligible for its highest-ever annual dividend. The company’s board, which recommended the payout in May, proposes a final dividend of Rs 24 per fully paid-up equity share for the financial year ended March 31, 2026, subject to approval by shareholders. Multiple reports note that eligibility depends on whether a shareholder’s name appears in the company’s depository records as of the close of business on July 24. This means investors typically need to purchase shares by the prior trading day to ensure the shares are credited to their demat accounts in time under India’s T+1 settlement cycle. One report specifies July 23 (the day before the record date) as the last date to buy shares for dividend eligibility. The reports also place the dividend in context by noting earlier payouts: Airtel paid Rs 16 per share in July of the previous year and Rs 8 per share in the year before. The company is described as having declared multiple dividends since 2009.
Bharti Airtel sets July 24 record date for Rs 24 highest-ever dividend
Bharti Airtel fixes a record date of July 24 to determine shareholders eligible for its highest-ever annual dividend. The company’s board, which recommended the payout in May, proposes a final dividen...
- Bharti Airtel sets July 24, 2026 as the record date for its dividend eligibility.
- The company recommends a final dividend of Rs 24 per fully paid-up equity share for FY26, subject to shareholder approval.
- Shareholders are eligible if their names appear in depository records as of the close of business on July 24.
- Under the T+1 settlement cycle, the last day to buy shares to be eligible is the previous trading day (July 23, 2026).
- Earlier dividends cited include Rs 16 per share (July last year) and Rs 8 per share (the year before).
The board of directors had, in May, recommended a final dividend of Rs 24 per fully paid-up equity share for fiscal year 2026, subject to shareholders' approval.
1 month agoThe board of directors had, in May, recommended a final dividend of Rs 24 per fully paid-up equity share for fiscal year 2026, subject to shareholders' approval.
1 month agoTelecom major Bharti Airtel on Friday fixed July 24 (Friday) as the record date to determine eligibility of shareholders for its highest-ever annual dividend payout of Rs 24 per share for the financial year which ended on March 31, 2026.Bharti Airtel, in May, announced that its board of directors recommended a final dividend of Rs 24 per fully paid-up equity share for FY26, subject to shareholders’ approval. This comes after the company paid a dividend of Rs 16 per share in July last year, and Rs 8 per share in the year before.The telco has declared 22 dividends since July, 2009, and currently has a dividend yield of 0.84%, according to data on Trendlyne.How to be eligible for Bharti Airtel’s dividend?Bharti Airtel in an exchange filing released on Friday said that the Rs 24 dividend will be paid to shareholders whose names appear in the depository records as at close of business hours on Friday, July 24. This effectively makes July 23 (Thursday) the last date for interested investors to buy shares of the company to be eligible for the dividend payout.Under Sebi's T+1 settlement cycle, investors must purchase a company's shares at least one trading day before the record date to ensure the shares are credited to their demat accounts in time, and they become eligible for the corporate action. Therefore, July 23 would be the last opportunity for investors to buy the shares so that they are credited to their accounts by July 24, making them eligible for Bharti Airtel’s dividend.Also read: TCS announces interim dividend of Rs 12 per share. Check record dateBharti Airtel share priceBharti Airtel shares dropped nearly 1% to trade at Rs 1,915 apiece, as seen at 11.50 am on Friday. The stock has gained around 8% in one month but dropped more than 9% in 2026 so far and 3% in one year. In the longer term, the shares of the company have delivered 116% returns over three years and 261% over five years.Nomura in a recent note named Bharti Airtel its top telecom pick and increased its target price to Rs 2,355 apiece, while highlighting that the implied valuation discount when compared to Reliance Industries’ Jio Platform is unwarranted.The international brokerage maintained its ‘Buy’ call on the stock. The latest target price implies an upside potential of nearly 22% from the stock’s previous closing price of Rs 1,931.10 apiece on NSE.Also read: 10 reasons why Nomura stays bullish on Bharti AirtelCalling Bharti Airtel an "ARPU compounder with multiple optionalities”, Nomura said that it is one of India’s premium telecom companies, and a structural beneficiary of a consolidated three-player market. “With 5G rollout largely complete and capex intensity past its peak, we believe the resulting strong FCF generation is playing out into a deleveraging cycle," it said.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
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