💸 SAIL Dividend 2025: ₹1.60 Payout, Record Date, Ex-Date & 5 Key Things Investors Must Know

Steel Authority of India (SAIL) is back in the spotlight this September with its latest dividend update. The Maharatna PSU has announced a ₹1.60 per share final dividend, and investors are now eyeing the key dates to secure their payouts. Here’s everything you need to know:

🏦 1. Dividend Announcement

• SAIL’s board declared a ₹1.60 per share dividend during its Q1 FY25 results.
• This amounts to 16% of the paid-up equity share capital.
• The announcement was made in May via stock exchange filing.

📆 2. Ex-Dividend Date – September 8

• Ex-dividend date is today, September 8.
• Under the T+1 settlement system, investors must buy SAIL shares on or before today to be eligible.

🗓️ 3. Record Date – September 9

• Record date is tomorrow, September 9.
• Only shareholders holding SAIL stock as of this date will receive the final dividend.

📊 4. AGM Around the Corner

• The company’s Annual General Meeting (AGM) is expected soon, typically when final dividend approvals are formalized.

📌 5. Investor Watchlist

• The stock is likely to stay active due to:
  • Dividend buzz 💬
  • PSU sector focus 🏭
  • Value buying opportunities post ex-dividend 📉