REC declares Rs 3.20/share dividend. Check record date, dividend yield
Analysis of this story by et_markets · 16 Mar 2026, 4:06 PM IST (about 2 months ago)
AI Analysis
PSU stocks, including those in the financial and power sectors like REC, often attract investors for their dividend yields and government backing. Consistent dividend declarations reinforce investor confidence in the company's stability and profitability.
Trading Insight
Look for buying opportunities in REC, especially around the ex-dividend date, as the stock tends to correct slightly before recovering, offering a chance to capture future dividends.
Quick check: REC neutral, TATASTEEL bearish bias (+1.5% 1d).
Key Evidence
- •REC Limited announced a fourth interim dividend of Rs 3.20 per share.
- •The record date for the dividend is March 20.
- •The dividend will be paid on or before April 14.
- •This is the company’s 45th dividend since 2008.
- •The 12-month equity payout stands at Rs 20 per share.
Affected Stocks
RECREC Limited
Positive
Declaration of a significant interim dividend, indicating strong financial health and commitment to shareholder returns.
Sources and updates
Original source: et_markets
Published: 16 Mar 2026, 4:06 PM IST
Last updated on Anadi News: 16 Mar 2026, 4:34 PM IST
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