Pharma giant Abbott India Ltd. has recommended an unprecedented dividend payout for its shareholders for the financial year concluded on March 31, 2026. The company's board, in its announcement on May 11, proposed a combined dividend of Rs 656 per equity share, marking a significant increase from previous years.
Record Dividend Details
The total dividend of Rs 656 per share consists of a final dividend of Rs 525 per equity share and a special dividend of Rs 131 per equity share. This combined payout is based on a face value of Rs 10 per share and is subject to approval by shareholders at the upcoming Annual General Meeting (AGM).
This year's final dividend alone, at Rs 525 per share, represents a 10.53% rise compared to the Rs 475 per share final dividend declared for the year ending March 31, 2025. Based on recent market prices, this substantial total dividend translates to an attractive dividend yield of approximately 2.41%.
Key Dates for Shareholders
For shareholders to be eligible for this record payout, the company has set Friday, July 24, 2026, as the record date. Once approved by the shareholders, the dividend distribution is scheduled to commence on or after Tuesday, August 18, 2026.
Abbott India's Dividend History
Abbott India has a consistent history of rewarding its investors. Prior to this announcement, the company paid a final dividend of Rs 475 on July 25, 2025. In the preceding year, 2024, a final dividend of Rs 410 was distributed on July 19. The year 2023 also saw a noteworthy payout, combining a final dividend of Rs 180 with a special dividend of Rs 145, both disbursed on July 21, 2023.