REC Ltd dividend: Fourth interim payout of ₹3.2 in FY26

What REC announced

REC Ltd has declared a fourth interim dividend of ₹3.20 per equity share for the financial year ending March 2026. The company said the decision was taken at a board meeting and was communicated through an exchange filing. The dividend is described as an interim dividend, and the amount is stated as ₹3.2000 per share, also presented as 32% on a face value of ₹10 per share.

The latest announcement adds to a series of interim dividends declared by REC across FY2025-26, including multiple ₹4.60 per share payouts earlier in the same financial year. The frequency of payouts matters for income-focused investors tracking PSU dividend schedules, record dates, and settlement cut-offs.

Key dates: record date, ex-date, and payout window

REC’s exchange filing information in the provided text states that March 6 was set as the record date for determining shareholder eligibility for the fourth interim dividend. It also states that the dividend payout would happen on or before Friday, March 20, 2026, and that eligible shareholders will receive the payment on or before April 14, 2026.

Alongside this, the dividend tables in the provided data also list March 20, 2026 as the ex-dividend date for the ₹3.20 interim dividend, and some entries show March 20, 2026 as the relevant date for eligibility. Readers should note that the dataset contains both references, and the article text attributes the March 6 record date to the company’s exchange filing.

Latest dividend snapshot from trackers

The dataset labelled “RECLTD Latest Dividend” lists the declaration date as 16 Mar 2026, dividend type as “Interim 4”, dividend per share of ₹3.20, and a dividend yield of 0.96%. Another table under “Dividend History” lists LTP as ₹333.55 for the same entry.

Separately, the same dataset also includes a line stating that, in the quarter ending December 2025, REC Ltd declared dividend of ₹3.20, translating a dividend yield of 6.51%, and also repeats “Current Dividend Yield: 6.51%” with “Annual dividend payment: ₹23.20”. These figures are presented as-is in the supplied text and appear alongside the 0.96% yield figure shown for the March 2026 declaration.

FY2025-26 interim dividend sequence so far

REC’s FY2025-26 dividend trail in the provided tables shows three ₹4.60 interim dividends followed by the ₹3.20 fourth interim dividend.

The data lists:

• 24 Jul, 2025 interim dividend of ₹4.60 per share (described as the first interim dividend for FY2025-26), with record date set as Aug 1, 2025, and payment or dispatch on or before Aug 21, 2025.
• 17 Oct, 2025 interim dividend of ₹4.60 per share (second interim dividend).
• 29 Jan, 2026 interim dividend of ₹4.60 per share (third interim dividend).
• 16 Mar, 2026 interim dividend of ₹3.20 per share (fourth interim dividend).

Dividend history beyond FY2025-26

The broader dividend history snippets included in the text also show older dividend events. The dataset lists an interim dividend of ₹3.50 with declaration date 01 Nov, 2023 and also references dividend entries from 2023 including a final dividend of ₹4.35 (declaration date 26 Jun, 2023) and an interim dividend of ₹3.25 (declaration date 30 Jan, 2023).

The text also states: “REC Ltd has declared dividend worth ₹17.00 in the last year” and “REC Ltd has declared dividend worth ₹3.20 in the latest quarter.” These are presented as summary statements within the provided material.

How the Aug 1, 2025 record date worked under T+1

For the FY2025-26 first interim dividend declared on July 24, 2025, REC set Aug 1, 2025 as the record date. The text explains that this meant July 31 was the last day to buy REC shares to become eligible for the interim dividend. It also adds that shares bought on or after Aug 1 would not be eligible due to the T+1 settlement rule.

This explanation is relevant for investors who track dividend capture timelines, since eligibility depends on settlement and the shareholder’s name appearing in depository statements or the register of members as of the record date.

Price references included in the dataset

The dividend history table includes last traded prices (LTP) alongside dividend entries. For the March 2026 dividend entry, LTP is shown as ₹333.55. Another table shows LTP figures of ₹375.3 (for 06 Feb 2026), ₹374.95 (for 27 Oct 2025), and ₹404.9 (for 01 Aug 2025) alongside the corresponding ₹4.60 dividends.

The dataset also mentions “The current price of REC Ltd is ₹351.05” and separately shows “₹352.05.” These price points are included as provided, without additional context on the trading session.

Financial backdrop mentioned in the text (Q1 FY2025)

The material also includes REC’s operational and financial highlights for the quarter ended 30 June 2024 (Q1 FY2025), presented in Hindi. It states that REC recorded quarterly profit after tax of ₹3,442 crore, and that EPS rose 16% to ₹13.07 per share compared with ₹11.24 per share in the quarter ended 30 June 2023.

It also reports total sanctions (approvals) of ₹1,12,791 crore versus ₹90,797 crore, indicating 24% growth, and renewable sector sanctions of ₹39,655 crore versus ₹24,985 crore, indicating 59% growth. The text adds that spreads and net interest margin were maintained due to growth across sectors, repricing of interest rates on loan assets, and effective financial cost management.

Key dividend data table

Financial highlights table (quarter ended 30 June 2024)

What investors typically track next

Based on the provided information, the immediate items shareholders watch are the relevant record date reference, the ex-dividend date, and the stated payment deadline. For the March 2026 dividend, the text indicates a payout on or before March 20, 2026 and payment to eligible shareholders on or before April 14, 2026.

For investors using dividend tracker data, the yield figures shown in the same dataset vary across entries, including 0.96% for the March 2026 declaration and a separate “current dividend yield” statement of 6.51%. Readers relying on yield metrics generally reconcile dividend amounts with the prevailing market price used for calculation.

Conclusion

REC Ltd’s latest announcement is a fourth interim dividend of ₹3.20 per share for the financial year ending March 2026, following three interim dividends of ₹4.60 per share earlier in FY2025-26. The company’s communication also includes record date and payment timelines, while the supporting tables list the ex-dividend date and historical payouts. Investors will likely continue to track the credited payment timeline and any subsequent disclosures tied to board meetings and results updates.