Sun TV Network Limited has announced an interim dividend for its shareholders. The company’s board took this decision during a meeting held on Friday. It declared an interim dividend of ₹1.25 per share for the financial year 2025–26.
This dividend will be paid on each share that has a face value of ₹5. After this announcement, the company’s stock may see some movement in the market when trading resumes on Monday, March 9.
Dividend Record Date Not Announced Yet
The company has not yet shared details about the record date or the dividend payment date. Because of this, investors will need to wait a little longer for complete information.
The record date decides which shareholders will be eligible to receive the dividend. It also determines when the dividend amount will be credited to investors’ accounts. The company is expected to announce these details soon.
What Does the Company Do?
Sun TV Network Limited is one of the leading companies in the media and entertainment industry based on business volume.
The company’s main business is television broadcasting, and it has a strong presence across several states in South India. Because of this wide reach, it is considered a major player in the regional TV network sector.
Company’s Position in the Stock Market
On Friday, the company’s shares closed slightly higher on the BSE. The stock gained 0.81% (₹4.85) and ended the day at ₹600.05. During the trading session, the stock reached an intraday high of ₹606.50.
Over the past 52 weeks, the stock has touched a high of ₹691.00 and a low of ₹485.10. Currently, the company has a market capitalization of around ₹23,647 crore.
