HINDPETRONSEHindustan Petroleum Corporation Limited· RefineriesHighPositive
Announced Wed, 13 May · 12:03 IST

Hindustan Petroleum Corporation Limited has informed the Exchange that Board of Directors at its meeting held on May 13, 2026, recommended Final Dividend of Rs. 19.25 per equity share.

Dividend Yield Above 3pctCorporate Actions View source PDF

HINDPETRO · price

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₹370.65
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AI summary

HPCL Board has recommended a final dividend of Rs. 19.25 per equity share (face value Rs. 10) for FY 2025-26, subject to shareholder approval at the ensuing AGM. Combined with the Rs. 5 interim dividend already paid, total dividend for the year stands at Rs. 24.25 per share. The company reported standalone net profit of Rs. 17,175.23 Crore for FY 2025-26, more than doubling from Rs. 7,364.86 Crore in the previous year. Earnings per share improved significantly to Rs. 80.72 from Rs. 34.61. Gross refining margin improved to US $8.79 per BBL from US $5.74 per BBL in the previous year. The record date for dividend is fixed as August 14, 2026.

Likely market impact

The company is rewarding shareholders with higher dividends driven by strong financial performance. The total dividend of Rs. 24.25 per share represents a significant increase and signals healthy cash flows. The record date of August 14, 2026 means investors must own the stock before this date to receive the dividend.