GIC Housing Finance Declares ₹4.50 Dividend for FY26, Sets Record Date

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AuthorKavya Nair|Published at:
GIC Housing Finance Declares ₹4.50 Dividend for FY26, Sets Record Date
Overview

GIC Housing Finance Ltd. has set Friday, June 26, 2026, as the record date for its final dividend for FY 2025-26. Shareholders approved by this date will receive ₹4.50 per equity share, or 45% of the face value. This dividend is a distribution of the company's profits.

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Dividend Payout Details

GIC Housing Finance Ltd. has announced its final dividend for the fiscal year 2025-26. The company will distribute ₹4.50 per equity share to eligible shareholders, which represents 45% of the face value. The record date for this payout has been set for Friday, June 26, 2026.

Company Financials

The Board of Directors approved this dividend during their meeting on May 15, 2026. For FY 2025-26, GIC Housing Finance reported a consolidated profit after tax (PAT) of ₹205.47 crore. The company's total income for the same period stood at ₹1,140.52 crore, indicating a solid financial base from which to distribute dividends.

Why the Dividend Matters

This dividend payment rewards investors for their stake in the company and can signal financial health and confidence in future earnings. It is a direct distribution of a portion of the company's profits to its shareholders.

Shareholder Impact

Shareholders whose names appear on the company's register by the close of June 26, 2026, will be entitled to receive the ₹4.50 per share dividend. The payout will reduce the company's retained earnings, and investors can expect the amount to be credited to their accounts following standard payment timelines after the record date.

Historical Dividends

GIC Housing Finance has a history of rewarding shareholders. For FY 2023-24, a final dividend of ₹4.00 per share was declared, and for FY 2022-23, it was ₹3.50 per share.

Peer Comparison

As a public sector player in the housing finance domain, GIC Housing Finance operates in a competitive market. Its closest listed peer, LIC Housing Finance Ltd., also active in the same segment, declared a dividend of ₹10 per share for FY 2023-24.

Key Financials for FY 2025-26

  • Consolidated Profit After Tax: ₹205.47 crore
  • Consolidated Total Income: ₹1,140.52 crore
  • Final Dividend Per Share: ₹4.50
  • Dividend Percentage of Face Value: 45%

What to Watch Next

Investors will be watching for the actual dividend payment date, which is typically announced after the record date. Future dividend policies, payout trends, and the company's sustained profitability in FY 2026-27 will also be key indicators to track.

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