Modison Limited (NSE: MODISONLTD) filed its financial results for the quarter ended September 30, 2026, with the National Stock Exchange on October 16, 2026, at 14:35 IST, as part of its mandatory disclosure obligations under SEBI's Listing Obligations and Disclosure Requirements Regulations.
Dividend History and Payout Trend
The company's dividend track record over the past three fiscal years reflects a clear upward trajectory in shareholder returns. A review of NSE announcements shows the following progression:
- FY2023: Final dividend of ₹1.00 per equity share (declared May 25, 2023). Total payout for the year: ₹1.00 per share.
- FY2024: Interim dividend of ₹0.50 per share (declared February 13, 2024) and a final dividend of ₹2.00 per share (declared May 29, 2024). Total payout for the year: ₹2.50 per share, representing a 150% increase over FY2023.
- FY2025: Interim dividend of ₹1.50 per share (declared February 13, 2025) and a final dividend of ₹2.00 per share (declared May 27, 2025). Total payout for the year: ₹3.50 per share, a 40% increase over FY2024.
- FY2026 (partial): Interim dividend of ₹2.50 per share declared on December 2, 2025, already surpassing the total FY2024 annual payout of ₹2.50 per share at the interim stage alone.
This five-event dividend history spanning roughly three and a half years indicates that Modison's board has consistently increased per-share distributions, with the FY2026 interim alone setting a new single-tranche record for the company at ₹2.50 per equity share.
Dividend Yield and Market Data Context
As of the time of this filing, live quote and trade data for MODISONLTD were unavailable via the exchange data feed. Accordingly, a precise dividend yield calculation and delivery percentage analysis cannot be presented in this report. Investors are advised to compute the trailing twelve-month dividend yield by dividing the total dividend per share by the current market price. Based on the FY2025 total payout of ₹3.50 per share and the partial FY2026 interim of ₹2.50 per share already declared, the annualised dividend figure is material relative to historical price ranges and warrants attention from income-focused investors once the final FY2026 dividend, if any, is announced.
Company Background
Modison Limited, identified under ISIN INE737D01021, operates in the electrical components and contact materials segment, supplying silver-based electrical contacts and allied products to industries including switchgear, automotive, and industrial automation. The company follows a dual-dividend structure in recent years, combining an interim payout mid-fiscal with a final dividend post-annual results, a practice that provides shareholders with periodic income rather than a single annual distribution.
What This Means for Investors
The submission of Q2 FY27 results marks the company's compliance with quarterly reporting norms. The dividend payout trend from ₹1.00 per share in FY2023 to ₹3.50 per share in FY2025, and an interim of ₹2.50 per share already declared for FY2026, points to sustained earnings capacity supporting distributions. Investors tracking this counter should monitor the Q2 FY27 earnings details, any announcement of an additional interim or final dividend for FY2027, and the record date associated with future dividend declarations for eligibility purposes.