Hindustan Copper has announced 16 September 2026 as the record date for its FY26 dividend, with the proposed payout reflecting a significant increase following a robust first quarter driven by higher copper prices.
Hindustan Copper shareholders have an important date this week, with the miner fixing 16 September 2026 as the record date for its final dividend for FY26. According to the company’s exchange filing, the board has recommended a payout of Rs 1.86 a share on a face value of Rs 5, which works out to 37.2% of face value.
The dividend still needs approval from shareholders at the company’s annual general meeting, scheduled for 23 September 2026. Investors who want to qualify must own the shares before the ex-dividend date, which falls on 16 September under India’s T+1 settlement cycle. That means purchases need to be made by 15 September 2026.
Market data services tracking the stock show the proposed dividend is due to be paid on 23 October 2026, after the AGM approval. Hindustan Copper has a history of regular distributions, and the latest proposal is higher than the Rs 1.46 a share final dividend paid in September 2025.
The timing comes after a strong first quarter for the company. ICICI Direct said Hindustan Copper’s revenue rose 81.07% from a year earlier to Rs 953.60 crore in Q1 FY27, while net profit climbed 162.59% to Rs 352.61 crore. The broker attributed the improvement to stronger copper prices. Other research notes put quarterly revenue at about Rs 936.50 crore and said operating profit and profit before tax also remained robust, even if they were lower than the previous quarter.
Hindustan Copper is a Mini-Ratna central public sector enterprise under the Ministry of Mines and the only company in India engaged in copper ore mining. It operates mines at Malanjkhand in Madhya Pradesh, Khetri in Rajasthan and Ghatsila in Jharkhand, alongside smelting and refining facilities in Ghatsila and Jhagadia. The shares closed at Rs 515 on Friday, leaving the company with a market capitalisation of about Rs 49,715 crore.
Disclaimer: This article is intended to inform and educate, not to recommend or endorse any financial product, investment or strategy. Please consider your own financial circumstances and seek professional advice where appropriate before making financial decisions.
