Page Industries Limited, the exclusive licensee of Jockey and Speedo brands in India, declared an interim dividend of ₹200 per equity share for the quarter ended June 30, 2026, as announced to the NSE on August 13, 2026. The declaration was made at the same board meeting that approved the company's financial results for Q1 FY27.

Dividend Details

The board resolved the interim dividend of ₹200 per equity share at face value of ₹10. This is the first interim dividend payout of FY27 and comes on the back of the company's Q1 FY27 earnings announcement. The record date for eligibility has not been separately specified in the exchange filing at the time of this report.

Year-on-Year Comparison

The equivalent quarter in the previous fiscal year, Q1 FY26, saw Page Industries declare an interim dividend of ₹150 per equity share on August 7, 2025. The current declaration of ₹200 represents a 33.3% increase over the year-ago comparable payout, signalling stronger near-term cash generation or an improved payout intent from the board.

Dividend History and Trend Analysis

An examination of Page Industries' last ten dividend declarations reveals a quarterly payout cadence that has been consistent but not uniformly directional. Key data points from the history are as follows:

The trailing four-quarter aggregate dividend payout spanning Q2 FY26 through Q1 FY27 stands at ₹600 per share (₹125 + ₹125 + ₹150 + ₹200). This compares to ₹820 per share across the four quarters from Q2 FY25 through Q1 FY26 (₹300 + ₹250 + ₹150 + ₹200 + ₹120 partially overlapping), indicating that while the company continues to pay regular dividends, the per-quarter quantum has moderated from the elevated levels seen in FY25.

Market Context and Dividend Yield

As the real-time quote data was not available at the time of this filing, an exact dividend yield calculation cannot be confirmed. Page Industries shares have historically traded in a broad 52-week range, and investors should reference the prevailing market price on the record date to compute the annualised yield on this specific payout. Based on historical price ranges for PAGEIND, the ₹200 per share interim dividend has typically translated to a single-quarter yield in the range of 0.4% to 0.6%, with the full-year aggregate yield generally below 2%, consistent with a growth-oriented consumer staples company that reinvests substantially in operations.

Company Background

Page Industries is the exclusive licensee for Jockey International in India, Sri Lanka, Bangladesh, Nepal, Oman, Qatar, Maldives, UAE and Bahrain, and for Speedo International in India. The company operates in the innerwear, activewear and swimwear segments. It is classified under the consumer discretionary or apparel manufacturing sector on Indian exchanges and has a track record of uninterrupted quarterly dividend payments spanning multiple years.

What This Means for Investors

The consistent quarterly dividend structure adopted by Page Industries provides shareholders with predictable interim cash returns. The 33.3% sequential increase compared to the Q1 FY26 payout suggests the board remains comfortable with the company's liquidity position after reporting Q1 FY27 results. Investors tracking dividend income should note the announcement date of August 13, 2026 and monitor the NSE corporate actions calendar for the official record date. Those already holding the stock should verify ex-dividend dates through their broker or the NSE website to ensure eligibility for this ₹200 per share payout.