Chennai Petroleum Declares ₹8 Interim Dividend for FY26
Chennai Petroleum Corporation has announced good news for its shareholders. The company will pay an interim dividend of ₹8 per share, which is 80% of the face value of ₹10 per share, for the financial year 2025–26.
Important Dates to Remember
- Record Date: Thursday, April 2
- Dividend Payout: On or before April 25
Investors who want to receive this dividend must buy the stock before April 2. Under India's T+1 settlement rule, shares bought on or after the record date will not qualify for the dividend.
Dividend Yield
At the current market price of around ₹1,003 per share, the dividend yield is approximately 0.50%. The company had also paid a final dividend of ₹5 per share in August 2025.
Dividend History
Chennai Petroleum has declared 17 dividends since 2004. The company regularly shares a portion of its profits with shareholders, making it an attractive option for investors who want steady income along with long-term wealth growth.
Strong Financial Performance in Q3 FY26
The company showed impressive growth in the October–December 2025 quarter:
- Net Profit: ₹1,001.59 crore vs just ₹20.78 crore a year ago
- Total Income: ₹19,467.40 crore vs ₹15,687.64 crore a year ago
- Crude Throughput: 2.79 million metric tonnes vs 2.55 million metric tonnes a year ago
The company's profits grew massively, showing strong business performance.
📚 Educational Note: A dividend is a portion of a company's profit shared with its shareholders. The record date is the deadline by which you must own the stock to receive the dividend. Under India's T+1 settlement cycle, a stock purchase takes one trading day to reflect in your account. Dividend yield tells you how much return you earn from dividends relative to the stock's current price. Higher dividend-paying stocks can be a good source of regular passive income for long-term investors.</sup></sub>
⚠️ SEBI Disclaimer: This content is purely for educational and informational purposes only and should not be considered as investment advice or a recommendation to buy or sell any securities. Investing in securities markets is subject to market risks. Please read all related documents carefully before investing. Readers are advised to consult a SEBI-registered investment advisor before making any financial decisions. Past performance is not indicative of future results. The dividend and financial figures mentioned above are based on publicly available information and are subject to change.</sup></sub>
