Shocking Rs 125 Dividend! Bengaluru's Page Industries Continues Record Payout Spree – Will Investors Rejoice?

Author

Abhay Singh | Whalesbook News Team

Detailed Coverage:

Bengaluru-based Page Industries Limited, renowned as the exclusive licensee for Jockey innerwear and loungewear in India, has announced a significant interim dividend of Rs 125 per equity share. This translates to a 1250% payout based on the company's Rs 10 face value shares. This marks the eighth consecutive time Page Industries has declared an interim dividend exceeding Rs 100, underscoring its consistent shareholder value distribution policy.

The dividend announcement was made alongside the company's financial results for the second quarter of the fiscal year 2025-26. Despite a marginal decrease in net profit to Rs 194.76 crore from Rs 195.25 crore in the same period last year, the company reported a nearly 4% increase in revenue from operations, reaching Rs 1,290.85 crore. Sales volume also saw a 2.5% year-on-year growth, indicating sustained demand for its products.

The record date for determining the eligibility of shareholders for this dividend payment has been set as November 19, 2025, with the dividend expected to be paid on or before December 12, 2025.

Difficult Terms Explained: Interim Dividend: This is a dividend paid out by a company to its shareholders during the financial year, before the final annual dividend is declared. It signals strong profitability and cash flow. Face Value: The nominal value of a share as stated by the company, typically Rs 10 or Rs 5 in India, on which dividend percentages are calculated. The actual dividend payout is in cash.

Impact: This news is largely positive for Page Industries' shareholders, as it represents a substantial return on investment and reinforces the company's commitment to rewarding its investors. The consistent high dividend payouts are attractive to income-seeking investors. While the net profit saw a slight dip, the growth in revenue and sales volume suggests operational resilience. The market's reaction may depend on how investors weigh the dividend against the profit trend. The stock, already considered one of the costliest, might see continued interest from its investor base. Rating: 7/10.