Jullundur Motor Agency (Delhi) Limited (NSE: JMA) has recommended a final dividend of ₹3 per equity share of face value ₹2 each for the financial year 2025-26, inclusive of a one-time special dividend of ₹1 per share, marking a 50% increase over the ₹2 per share payout maintained consistently from FY22 through FY25. The dividend, equivalent to 150% of face value, is subject to shareholder approval at the company's upcoming Annual General Meeting.

Dividend Details and Yield

The board of directors approved the recommendation at its meeting held on May 28, 2026. The total payout comprises a regular dividend of ₹2 per share (100% of face value) and a special dividend of ₹1 per share (50% of face value). With the stock's quote data currently unavailable via exchange feeds, a precise dividend yield cannot be calculated at this time. Investors should reference the prevailing market price of JMA on NSE to compute yield against the ₹3 per share payout. The face value of each equity share remains ₹2.

Dividend History and Trend Analysis

The company's dividend track record over the past several years reveals a clear pattern, with a meaningful step-up in FY26:

Between FY22 and FY25, JMA maintained an unchanged ₹2 per share annual payout for four consecutive years. The FY26 announcement breaks that plateau, though the incremental ₹1 is explicitly designated as a special, non-recurring component. The regular dividend component of ₹2 per share remains unchanged from prior years, indicating that the underlying base payout policy has not been structurally revised upward.

Q1 FY27 Financial Results Also Filed

Separately, JMA submitted its financial results for the quarter ended June 30, 2026 to the exchange on August 13, 2026. The board outcome covering these results was disclosed at 14:58 IST. Detailed revenue, profit, and margin figures from the Q1 FY27 filing were not included in the exchange announcement text, and investors are advised to review the full results document available on the NSE disclosure portal for a complete financial picture.

Company Background

Jullundur Motor Agency (Delhi) Limited is listed on the National Stock Exchange under the symbol JMA with ISIN INE412C01015. The company operates in the automobile dealership and related services segment. Its equity shares carry a face value of ₹2 per share.

What This Means for Investors

The ₹3 per share FY26 dividend represents the highest annual payout by JMA since the ₹4 interim dividend declared in February 2019. However, shareholders should note that the increment above the base ₹2 payout is designated as a special dividend, suggesting it may not recur in subsequent financial years. The regular dividend yield on the ₹2 base payout remains the more conservative benchmark for income-oriented investors assessing long-term distribution sustainability. Full valuation context, including PE ratio relative to the auto dealership sector, requires current earnings and price data not yet available from exchange feeds.