Styrenix Performance Materials Limited on August 4, 2026, declared an interim dividend of ₹23 per equity share for the quarter ended June 30, 2026, following a board meeting that also approved unaudited standalone and consolidated financial results for Q1 FY27. The announcement was filed with the National Stock Exchange at 13:22 IST.

Dividend Details

The declared interim dividend of ₹23 per equity share carries a face value basis payout that continues the company's established practice of distributing interim dividends twice a year. The record date for this dividend has not yet been separately announced as of the filing time. Investors should monitor further exchange communications for the exact record and payment dates.

Year-on-Year Comparison and Historical Trend

The Q1 FY27 payout of ₹23 per share represents a decline of 25.8% compared to the ₹31 per share paid as interim dividend for Q1 FY26 (declared August 13, 2025). This marks a notable step down in per-quarter dividend quantum. The historical dividend record reveals a clear moderation in payouts over recent periods:

The trend shows a significant compression from the peak of ₹105 per share in FY22 through the high of ₹80 in early FY23, followed by a broad normalisation. The last two consecutive interim dividends, each at ₹23 per share, suggest the company has settled into a more conservative near-term distribution policy compared to FY23 and FY24 levels.

Company Background

Styrenix Performance Materials Limited, formerly known as INEOS Styrolution India Limited, is a manufacturer of styrenic specialty polymers and standard products. The company operates in the specialty chemicals and performance materials segment, supplying to industries including automotive, electronics, healthcare, and consumer goods. The rebranding to Styrenix reflects its broader product positioning beyond the INEOS Styrolution parentage.

Context for Investors

The company does not have publicly available current market price, PE ratio, delivery percentage, or 52-week high-low data in the data provided for this article. Investors are advised to refer to the live NSE quote for STYRENIX to calculate the current dividend yield by dividing the annualised dividend by the prevailing market price. Based on the two interim dividends declared so far in FY27 (₹23 in January 2026 and ₹23 in August 2026), the cumulative FY27 interim payout stands at ₹46 per share, compared to a combined ₹54 per share across the two interim dividends of FY26 (₹31 plus ₹23), indicating a year-on-year reduction of approximately 14.8% in cumulative interim distributions for the fiscal year to date.

The consistent biannual dividend cadence maintained by the company across multiple fiscal years underlines a structured capital return policy, even as absolute payout amounts have moderated from their FY22 to FY24 peaks. Investors tracking dividend income from this counter should note that any final dividend for FY27, if declared, would supplement the current interim payouts.