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Angel One Approves Second Interim Dividend
Angel One has announced its second interim dividend for the financial year 2025-26, declaring ₹1.75 per equity share. This distribution to shareholders follows a period of strong financial performance and reinforces the company's commitment to rewarding its investors.
Dividend Details
The company's Board of Directors approved this dividend on March 20, 2026. The dividend rate is ₹1.75 per equity share, with each share having a face value of ₹1. The record date for determining eligible shareholders is March 27, 2026, and the dividend is expected to be paid by April 18, 2026.
Why This Dividend Matters
This dividend payment offers a direct financial return to Angel One's shareholders. It also signals the company's confidence in its financial health and its consistent ability to generate profits. Regular dividend payouts can boost overall shareholder returns and make the stock more attractive.
Angel One's Financial Track Record
Angel One has a history of consistent dividend payouts, typically distributing around 33.4% of its profits. The company has shown strong profit growth, achieving a 66.9% compound annual growth rate (CAGR) over the past five years. In the fiscal year 2025, Angel One reported a net profit of ₹1,216 crore, marking a 7.3% increase year-on-year. This follows previous dividends, including a first interim dividend of ₹23.00 for FY25-26 (paid in January 2026) and a final dividend of ₹26.00 for FY24-25 (paid in May 2025).
Impact for Shareholders
Shareholders who are on record as of March 27, 2026, will receive the ₹1.75 dividend for each equity share they own. This will lead to an immediate increase in cash for investors holding Angel One stock. Concurrently, the company's cash reserves will be reduced by the total amount disbursed.
Regulatory and Future Outlook
While the dividend is a positive development, Angel One has previously faced regulatory attention. The company settled a Securities and Exchange Board of India (SEBI) case concerning algo platform ties for ₹1,00,000, which the company stated had no significant impact on its business. SEBI also imposed penalties totaling ₹6,00,000 and ₹34.57 lakh for non-compliance and disclosure lapses, respectively, which Angel One indicated had no substantial financial or operational consequences. Future dividend payments will hinge on continued profitability and the company's strategic reinvestment for growth.
Peer Comparison
Angel One operates in a sector with peers like ICICI Securities, Motilal Oswal Financial Services, and 5paisa Capital, all of which also maintain dividend payout histories. Their dividend policies are shaped by their financial results, the prevailing regulatory climate, and their strategic objectives for expansion.
Previous Dividend History
- First interim dividend for FY25-26: ₹23.00 per share, paid by January 21, 2026.
- Final dividend for FY24-25: ₹26.00 per share, paid by May 30, 2025.
What to Watch Next
Investors will be closely monitoring Angel One's upcoming quarterly earnings reports to assess continued profit growth. Any future announcements regarding dividends, including the final dividend for FY25-26, will be significant. The company's ability to sustain its market position and navigate the regulatory environment remains a key focus.