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Over 71,000 retail shareholders of MNC drugmaker Abbott India Ltd., are set to receive their highest ever dividend payout on record, based on the latest announcement made by the company on Monday, May 11.
At the conclusion of its board meet on Monday, when Abbott India also declared its results for the March quarter, the board also approved a dividend payout of ₹656 per share,
This includes a final dividend of ₹525 per share, and a special dividend of ₹131 per share. This is the highest dividend payout on record for Abbott India, having surpassed the ₹475 per share it had paid shareholders last year.
Abbott India's board has fixed July 24, 2026 as the record date to determine the eligibility of the said dividend payout.
Based on the March quarter shareholding pattern, as many as 71,300 retail shareholders, or those who have an authorised share capital of up to ₹2 lakh, had a 13.3% stake in the company.
Promoters of Abbott India close to 75% stake, while Mutual Funds of India also have a 7% stake.
For the March quarter, Abbott India's revenue increased by 6.5% from the same quarter last year to ₹1,709.5 crore, while its Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) increased by 12.2% from the year-ago period to ₹480.8 crore. EBITDA margin improved by 140 basis points.
Shares of Abbott India ended 4.2% higher on Monday at ₹27,845. The stock has risen 8% in the last one month, and thereby has trimmed its losses to 2.2% for the year so far.
At the conclusion of its board meet on Monday, when Abbott India also declared its results for the March quarter, the board also approved a dividend payout of ₹656 per share,
This includes a final dividend of ₹525 per share, and a special dividend of ₹131 per share. This is the highest dividend payout on record for Abbott India, having surpassed the ₹475 per share it had paid shareholders last year.
Abbott India's board has fixed July 24, 2026 as the record date to determine the eligibility of the said dividend payout.
Based on the March quarter shareholding pattern, as many as 71,300 retail shareholders, or those who have an authorised share capital of up to ₹2 lakh, had a 13.3% stake in the company.
Promoters of Abbott India close to 75% stake, while Mutual Funds of India also have a 7% stake.
Abbott India In Q4
For the March quarter, Abbott India's revenue increased by 6.5% from the same quarter last year to ₹1,709.5 crore, while its Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) increased by 12.2% from the year-ago period to ₹480.8 crore. EBITDA margin improved by 140 basis points.
Shares of Abbott India ended 4.2% higher on Monday at ₹27,845. The stock has risen 8% in the last one month, and thereby has trimmed its losses to 2.2% for the year so far.
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