3M India shares to trade ex-date for Rs 506 dividend soon, check record date and other details
π 3M India declares a total dividend of Rs 506 per share for FY 2025-26.
π° The payout consists of a special dividend of Rs 346 and a final dividend of Rs 160.
π July 17, 2026, is fixed as the record date for dividend eligibility.
ποΈ Shareholder approval is required at the AGM scheduled for August 2026.
π Dividend history shows a drop to Rs 100 in 2023 before this recent increase.
π The stock closed at Rs 36,486.05 with a negligible gain of 0.03%.
π Long-term performance includes a 166.83% gain over the last ten years.
π’ The company's market capitalization stands at approximately Rs 41,679.63 crore.
Bullish Signals
- The declared dividend of Rs 506 per share is a significant increase from the Rs 100 paid in 2023, indicating improved cash flow or a strategic shift toward rewarding shareholders.
- Long-term stock performance remains robust with a cumulative gain of approximately 166.83% over the past decade and 51.09% over five years.
Risk Factors
- Stock performance has underperformed the benchmark index on a year-to-date basis, gaining only 1.52% compared to the index's 9.39% return.
Full Analysis
3M India Ltd. has declared a total dividend of Rs 506 per share for the financial year 2025-26, comprising a special dividend of Rs 346 and a final dividend of Rs 160. This corporate action is subject to shareholder approval at the upcoming annual general meeting scheduled for August 2026.
The company has set July 17, 2026, as the record date for this dividend distribution. Investors whose names appear on the company's records as of this specific date will be eligible to receive the payment, while those purchasing shares after this deadline will not qualify for the current payout.
Historically, 3M India paid a dividend of Rs 850 per share in 2022, followed by a significantly lower amount of Rs 100 per share in 2023. The recent declaration of Rs 506 represents a substantial increase over the 2023 figure and suggests a potential return to more robust shareholder returns after a period of reduced payouts.
In terms of stock performance, the shares closed at Rs 36,486.05 on the BSE, reflecting a slight gain of 0.03%. Over the long term, the stock has delivered strong returns, gaining approximately 28.70% over three years, 51.09% over five years, and roughly 166.83% over the past decade.