SAIL Final Dividend 2026: Record Date, Yield, and Eligibility Guide

SAIL Final Dividend Details for FY 2025-26

Steel Authority of India Limited (SAIL), a Maharatna PSU, has announced a final dividend of ₹2.35 per equity share with a face value of ₹10 for the financial year 2025-26. This payout represents 23.50% of the company's paid-up equity share capital [3].

Detail	Information
Dividend Amount	₹2.35 per share
Record Date	Wednesday, 30 September 2026
Ex-Dividend Date	Monday, 28 September 2026
Estimated Payment Date	24 October 2026
Estimated Dividend Yield	1.27% (at ₹184.85 share price)

How to Qualify for the Payout

To be eligible for this dividend, investors must hold SAIL shares in their demat accounts on the record date, which is 30 September 2026 [1].

Crucially, investors must be aware of the ex-dividend date. For SAIL, this is 28 September 2026. Because transactions must be settled before the record date, any investor who purchases the stock on or after 30 September will not be eligible to receive this specific payout [2].

Payment Timeline and Tax Implications

The final dividend is subject to approval by shareholders at the upcoming Annual General Meeting (AGM). Once approved, the company intends to pay the amount within 30 days of that approval [3]. The payment is scheduled for 24 October 2026 [2]. Shareholders should note that the final amount received will be subject to Tax Deducted at Source (TDS).

Dividend Sustainability and History

SAIL is marking its sixth consecutive year of dividend payouts to shareholders [3]. While the company has a history of providing both final and interim dividend payments (such as the ₹2.50 interim and ₹2.25 final payouts in 2022), analysts suggest the current payout is sustainable. This is based on the fact that SAIL paid out 29% of its profit and only 6.4% of its free cash flow last year [2].