Housing & Urban Development Corporation Ltd
Board has fixed Record date for 4th Interim Dividend for FY 2025-26 as 28.03.2026
DIVIDEND
▲ Positive Development
LOW RISK
📅 Filed on BSE: 23 Mar 2026, 02:36 PM IST · BSE ID: 924b807a-f509-4832-8f82-510411b6db48
View Original BSE Filing (PDF)
💡
In Simple Terms
HUDCO is paying shareholders Rs. 1.25 per share as 4th dividend this year, and plans to borrow Rs. 70,000 Crore next year.
🤖 AI Summary
- 4th interim dividend declared at Rs. 1.25 per equity share for FY 2025-26 (12.50% on Rs. 10 face value)
- Record date fixed as Saturday, 28 March 2026 for dividend eligibility
- Dividend payment to be completed within 30 days of declaration, subject to TDS
- FY 2026-27 annual borrowing plan approved at Rs. 70,000 Crore via bonds, loans, ECBs, and multilateral sources
🔢 Key Numbers — exact figures from BSE filing, not rounded
4th Interim Dividend per share
Rs. 1.25
Dividend as % of face value
12.50%
Record date
28 March 2026
FY 2026-27 Annual Borrowing Plan
Rs. 70,000 Crore
Dividend payment timeline
Within 30 days of declaration
🏢 How This Affects the Company
Dividend outgo of Rs. 1.25 per share reduces retained earnings. FY27 borrowing plan of Rs. 70,000 Crore signals increased leverage to fund housing and urban development operations.
👥 What This Means For Shareholders
✅
Action Required
Equity shareholders must ensure shares are held in demat form and registered on record date (28 March 2026) to receive dividend.
👤
Who Is Affected
All equity shareholders of record on 28 March 2026 receive Rs. 1.25 per share; no differentiation disclosed. TDS applies per tax status.
🔍
Management Signal
Consistent interim dividend declaration signals confidence in FY26 earnings. Large FY27 borrowing plan indicates aggressive asset growth strategy in housing finance.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Dividend payment completion status by 22 April 2026 (30 days post-declaration)
Q4 FY26 results announcement — verify if earnings justify dividend sustainability
FY27 borrowing utilization disclosures — track quantum and sources in quarterly filings
LOW RISK
Dividend declaration is routine capital return; no execution or market risk. Borrowing plan is approval-stage with no commitment impact.
💡 Investor Takeaway
HUDCO declared 4th interim dividend of Rs. 1.25/share (12.50% yield on face value) for FY26 with 28 March record date. Board approved Rs. 70,000 Crore borrowing plan for FY27 across diverse sources. Payment within 30 days; dividend subject to TDS.
⚖️ Strengths & Concerns
✅ Positives
- Fourth interim dividend in single FY demonstrates consistent cash generation and shareholder returns policy
- Rs. 70,000 Crore FY27 borrowing plan provides adequate liquidity headroom for project execution across housing sector
⚠️ Concerns
- Large FY27 borrowing quantum of Rs. 70,000 Crore increases debt levels and refinancing dependency
- No disclosure of specific utilization or project pipeline tied to borrowing plan; flexibility defers capital deployment clarity
📅 Company Track Record
HUDCO declared 3 interim dividends in FY 2025-26 prior to this 4th declaration, signaling consistent cash generation. The company simultaneously approved Rs. 70,000 Crore borrowing plan for next fiscal, indicating planned acceleration of asset deployment in housing and urban infrastructure.
Based on publicly available historical data. For context only.