Page Industries, the exclusive licensee of the Jockey brand in India, has declared a dividend of Rs 150 per equity share for the financial year 2026. The announcement was made after the company's board meeting held on May 22, 2026, where the financial results for the fourth quarter were also approved.
Dividend Details
The company has fixed the record date for the dividend as June 5, 2026. Shareholders holding shares as of that date will be eligible to receive the dividend. The dividend payment will be made within 30 days from the record date.
Financial Performance
Page Industries reported a net profit of Rs 120 crore for Q4 FY26, marking a 15% increase year-on-year. Revenue from operations stood at Rs 1,200 crore, driven by strong demand for innerwear and athleisure products. The company's EBITDA margin improved to 22% from 20% in the same quarter last year.
Share Price Movement
On the day of the announcement, shares of Page Industries closed at Rs 45,000 on the National Stock Exchange (NSE), up 2.5% from the previous close. The stock has gained 18% in the last six months, outperforming the broader market.
Dividend History
Page Industries has a consistent track record of paying dividends. Over the past five years, the company has maintained a dividend payout ratio of around 40-45%. In FY25, the company had paid a dividend of Rs 120 per share.
Analyst View
Analysts remain bullish on Page Industries due to its strong brand presence, expanding product portfolio, and robust distribution network. The company's focus on premiumization and digital initiatives is expected to drive future growth.
Investors are advised to check the record date and ensure their holdings are in demat form to receive the dividend.
