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LTM and Modison Announce Lucrative Dividends After Market Close
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CNBC Awaaz•16-10-2026, 17:46
LTM and Modison Announce Lucrative Dividends After Market Close
- •LTM declared an interim dividend of Rs 25 per equity share with a face value of Re 1, with the record date set for October 23, 2026.
- •Modison Limited announced a 400 percent interim dividend, amounting to Rs 4 per share on a face value of Re 1.
- •Real estate major DLF has also declared an interim dividend of Rs 2 per share for the financial year 2026-27.
- •Investors must hold the shares in their demat accounts by the specified record date to become eligible for the dividend payouts.
- •DLF is yet to officially announce its specific record date and payment date in its upcoming notifications.
Key Questions Answered
Following the stock market closure on October 16, 2026, LTM declared an interim dividend of Rs 25 per equity share, Modison announced Rs 4 per share, and DLF declared Rs 2 per share for the financial year 2026-27.
Both LTM and Modison have fixed October 23, 2026, as the record date to identify eligible shareholders who will receive their respective interim dividend payouts.
Modison termed its payout a 400% dividend because it distributes Rs 4 per share against a face value of Re 1, which represents a percentage of the face value rather than a return on the current market price.
