ICICI Bank has announced August 3, 2026, as the record date for its dividend payment of Rs 12 per equity share. To be eligible for the payout, shareholders must ensure the shares are credited to their demat accounts by this date. This follows a growing trend in the bank's annual dividend distribution, which is now subject to final approval at the upcoming Annual General Meeting.
What Happened
ICICI Bank has officially confirmed the record date for its upcoming dividend payout. On June 29, 2026, the bank's Board of Directors announced that August 3, 2026, will be the cutoff date to identify eligible shareholders. This dividend of Rs 12 per equity share was initially recommended by the bank in April. The final payout is subject to shareholder approval at the bank’s 32nd Annual General Meeting, which is scheduled for August 21, 2026.
How Dividend Eligibility Works
The record date is a specific day set by the company to determine which shareholders are on its official books. Only those investors who own shares and have them credited in their demat accounts by the close of the record date are entitled to receive the dividend payment. If an investor buys shares after this date, they will not receive this specific dividend payout. Because the process involves the transfer of shares, investors often look to complete their purchases well in advance of the record date to ensure the transaction clears the settlement cycle in time.
Growing Dividend Trend
For long-term investors, the dividend history of a company provides insight into its capital allocation strategy. ICICI Bank has demonstrated a trend of increasing its annual payouts over the past few years. In 2025, shareholders received a dividend of Rs 11 per share. This followed a payout of Rs 10 per share in 2024. Prior to that, in 2023, the bank distributed Rs 8 per share. This consistent increase indicates that the bank is effectively sharing a portion of its profits with its shareholders, reflecting stability in its financial performance.
What To Watch Next
The most important monitorable is the Annual General Meeting, which will take place on August 21, 2026. This meeting serves as the formal platform for members to approve the dividend payout. Following the meeting, the bank will release information regarding the actual date of credit for the dividend funds into shareholder bank accounts. Investors tracking this stock should focus on the official communication regarding the payment schedule, which usually follows the AGM approval process.