A major dividend announcement has caught investors’ attention. Federal-Mogul Goetze (India) has announced a total payout of ₹94 per share, combining an interim dividend and a special dividend.
The announcement came as the company’s stock also delivered a strong performance on the BSE.
But there’s an important date investors need to know if they want to qualify for the dividend.
Company Announces ₹94 Dividend Per Share
The company’s Board of Directors has approved two separate payouts:
Interim dividend: ₹7.50 per share
Special dividend: ₹86.50 per share
Together, shareholders can receive a total of ₹94 per equity share, subject to the applicable eligibility conditions.
The face value of each equity share is ₹10.
For example, an investor holding 100 shares would be eligible for a total dividend of ₹9,400, before any applicable taxes or other deductions.
September 4 Is the Record Date
The most important detail for shareholders is the record date.
The company has fixed September 4, 2026, as the record date for determining which shareholders will be eligible for the interim and special dividends.
Shareholders whose names appear in the company’s register or in the depository records as beneficial owners on the record date will be considered for the payout, subject to the applicable rules.
Investors should therefore check the company’s corporate action details and the applicable settlement timeline before buying shares specifically for the dividend.
Federal-Mogul Goetze Share Price Surges
The dividend announcement came alongside a sharp rise in the company’s share price.
Federal-Mogul Goetze (India) shares closed at ₹609 on the BSE, gaining 11.75% during the session.
The stock touched an intraday high of ₹614.80 and an intraday low of ₹561.85.
At the closing price, the company’s market capitalisation stood at around ₹3,388 crore.
Stock Has Delivered Strong Returns
The stock has also given strong returns over the recent months.
According to the available figures, the shares have gained around:
28% in one week
33% in two weeks
41% in three months
49% in six months
The stock’s 52-week high is ₹614.80, while its 52-week low is ₹359.
The company’s reported return on equity (ROE) is around 15.16%.
What Should Investors Keep in Mind?
The ₹94-per-share dividend may look attractive, but investors should not make an investment decision based only on the dividend announcement.
The share price can change significantly after the stock trades without the dividend entitlement, and dividend income may also have tax implications.
Investors should check the company’s official disclosures and consider their own financial goals and risk before taking any investment decision.
