Pfizer Ltd has proposed a final dividend of ₹75 per share for FY26. The company's 75th AGM is scheduled for July 28, 2026, to approve this and re-appoint a director.
Pfizer Ltd Recommends Final Dividend of ₹75 Per Share
Pfizer Ltd has proposed a final dividend of ₹75 per equity share for the financial year ended March 31, 2026. This proposal is subject to shareholder approval at the company's 75th Annual General Meeting (AGM).
Reader Takeaway: ₹75 dividend payout; AGM on July 28, 2026, to approve key resolutions.
What just happened
The Board of Directors of Pfizer Ltd has recommended a final dividend of ₹75 per equity share, equivalent to 750%, for the fiscal year ending March 31, 2026. The company has set July 17, 2026, as the record date to determine eligible shareholders for this dividend. The dividend, if approved at the AGM, is expected to be paid on or after August 4, 2026.
Why this matters
This announcement provides a clear payout to shareholders for the financial year. It also outlines key corporate governance activities, including the AGM date and agenda items. Investors should note the record date to ensure they are eligible for the proposed dividend.
The backstory
Pfizer Ltd, a prominent pharmaceutical company, regularly announces dividends to its shareholders. The upcoming 75th AGM is a statutory meeting where shareholders exercise their voting rights on important company matters.
What changes now
Shareholders will need to decide whether to approve the proposed dividend and other agenda items at the AGM. The company is also emphasizing digitization, with shareholders holding physical shares encouraged to transfer them to electronic form.
Risks to watch
Investors should be aware of potential Tax Deducted at Source (TDS) on dividends. To avoid a higher 20% withholding tax, shareholders need to ensure their Permanent Account Number (PAN) details are updated and linked with their Aadhaar.
Peer comparison
As a large-cap pharmaceutical company, Pfizer Ltd's dividend policy is typically in line with industry practices for stable, profitable entities. Specific peer comparisons for dividend amounts require a detailed analysis of recent financial results across the sector.
Context metrics (time-bound)
- AGM Date: July 28, 2026
- Proposed Final Dividend: ₹75 per share (FY ended March 31, 2026)
- Record Date: July 17, 2026
- Dividend Payment Date: On or after August 4, 2026
- Cost Auditor Remuneration: ₹0.11 crore (₹11 lakh) for FY ending March 31, 2027.
- E-voting Window: July 24, 2026 - July 27, 2026
What to track next
Investors should track the outcome of the AGM on July 28, 2026, for the final approval of the dividend and other resolutions. They should also ensure compliance with tax regulations regarding dividend payouts.