Sundaram Finance Limited has informed the Exchange that Board of Directors at its meeting held on May 25, 2026, recommended Final Dividend of Rs. 24 per equity share.
SUNDARMFIN · price
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On the reaction day the stock moved 3.8 pts less than Nifty Midcap 150 and 3.6 pts less than its Non Banking Financial Company (NBFC) peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Sundaram Finance Limited's Board has recommended a final dividend of ₹24 per share (240%) for FY2026. Combined with the interim dividend of ₹16 per share already paid on February 25, 2026, the total dividend for the year stands at ₹40 per share (400%). The record date for entitlement is fixed as July 6, 2026, and payment will be made on or after July 23, 2026, subject to shareholder approval at the AGM.
The 400% total dividend payout signals strong financial performance and cash generation, which is positive for shareholders seeking regular income from their investments in the NBFC sector.