There is good news for investors who prefer dividend-paying stocks. Mastek Ltd has announced a fresh dividend, and the stock is now trading ex-dividend for the 35th time.
This latest move is expected to attract attention from income-focused investors.
Dividend Details: ₹16 Per Share Payout
The company has declared a dividend of ₹16 per share on a face value of ₹5. This translates to a 320% dividend for eligible shareholders.
In comparison, the company had paid ₹8 per share as dividend in the previous financial year. This shows a significant increase in the payout this time.
Strong Dividend Track Record
Mastek Ltd has a long history of rewarding its investors with dividends. The company first went ex-dividend in 2001, when it paid ₹2 per share.
After that, in 2007, investors received ₹4.5 per share. Most recently, on January 30, 2026, the company paid ₹8 per share. With this latest announcement, the company continues its consistent dividend trend.
Share Performance: Mixed Trends
On Friday, the stock closed at ₹1,744.90 on the BSE, rising by 2.64% in a single day.
In the short term, the stock has performed well:
It has gained 19.37% in the past one month
However, the long-term performance has been weak:
Down 25.05% over the last one year
Fell around 32% in the past two years
Long-Term Returns Still Impressive
Despite recent declines, long-term investors have seen strong gains:
33.72% return over the last 5 years
A massive 1057% return over the past 10 years
This shows that patient investors have benefited significantly over time.
Promoter Stake Slightly Reduced
As per the March quarter data, promoters hold 35.76% stake in the company, while public shareholders own 64.24%.
In earlier quarters:
December: Promoters held 35.77%
September: Promoters held 35.79%
This indicates a slight but steady reduction in promoter shareholding.
