Kansai Nerolac Paints Dividend: Last Day To Buy Shares To Qualify — Details Here

Shares of Kensai Nerolac Paints Ltd. will be of interest on Friday, as the day marks the last session for investors to buy shares to qualify for receiving the dividend before the stock goes ex/record-date.

The record date determines the eligible shareholders who will receive the dividend payment. The ex-dividend date, which mostly coincides with the record date, marks when the share price adjusts to reflect the upcoming payout.

Kansai Nerolac's board announced a final dividend of Rs 2.5 per share for financial year 2025 and a special dividend of Rs 1.25 apiece. The record date to determine the shareholders eligible for the dividend payout has been fixed as June 23.

The total value of the dividend to be disbursed amounts to around Rs 303 crore.

Given India's T+1 settlement cycle, shares purchased on the record date (June 23 in this case) will not be eligible for the dividend payment. Therefore, investors who own shares by June 20 will be the beneficiaries.

In comparison the company had issued a final dividend of Rs 2.50 in financial year 2024 and a special dividend of Rs 1.25.

Kansai Nerolac's fourth-quarter financial results showed a 7% decrease in net profit for the quarter ending March 2025, reaching Rs 108.46 crore down from Rs 116.03 crore in the previous year.

HUL reported a revenue increase of 2.7%, reaching Rs 1,816.65 crore, compared to Rs 1,769.39 crore in the same period last year. The company's earnings before interest, taxes, depreciation, and amortisation fell by 7% to Rs 165.72 crore from Rs 179.01 crore. Ebitda margins saw a slight contraction, dropping to 9.1% from 10.1%.