On Tuesday, the company filed a notice with the NSE and BSE announcing that its board will convene on Oct 29 to approve the FY27 Q2 and H1 results and to decide on an interim dividend. The record date, if approved, would be Nov 4.
Asian Paints has paid interim dividends every year since 2007, with the latest ₹5.15 in Nov 2023, the highest since the 2021 ₹4.65. The 2024 payout fell to ₹4.25, while the 2025 dividend of ₹4.5 is projected to be higher than the previous year.
At end‑June, promoters own 52.63% of the shares, while public investors hold 47.29%. Mutual funds account for 10.09%, led by ICICI Prudential (1.84%) and SBI Mutual Fund (4.31%). Life insurers own 9.66%, with LIC India holding 8.11%. Retail shareholders, defined as those with a maximum authorized capital of ₹2 lakh, hold 10.6%.
Price action on Oct 6 saw a 1.9% rise to ₹2,411.9, after a 3.6% drop over the last month. Over six months, the stock has gained 10.3%, but it has slumped 12.4% for the year‑to‑date, reflecting broader market turbulence in the consumer staples space.
Analysts note that the board’s dividend decision could reinforce the company’s dividend policy of 40‑50% payout ratio, but the lack of a firm declaration means the actual impact remains uncertain. Investors will watch the upcoming FY27 Q2 earnings on Oct 31 for clues on profitability and cash flow.