Dividend stock alert! This company is giving Rs 110/share dividend - Record date, payout history | Do you own?

Dividend 2026: Shares of the Mahindra & Mahindra (M&M) Group company climbed on Thursday, April 16, and surged over 2% to touch a day’s high of Rs 4135, up from the previous close of Rs 4037.05 apiece.

The M&M Group stock is Swaraj Engines Ltd, which delivered its financial results and announced a dividend for its shareholders earlier this week. The counter is up for nine of the last 10 trading sessions, including today’s. At current levels of Rs 4083.05, the stock clocked a 23% gain over the period.

According to the company's stock exchange filing, the company board has recommended a massive equity dividend of Rs 110 per share for the financial year ended 31st March, 2026.

Swaraj Engines dividend record date

The company noted in the regulatory filing that the record date for the payment of the dividend is Friday, July 3, 2026.

Furthermore, the company's 40th Annual General Meeting (AGM) is slated to take place on Monday, July 20, 2026, shareholders give the final green light during the meeting, the dividend payouts would be distributed after Monday, July 20, the company said.

Before this, the company distributed a final dividend of Rs 104.50 per share on June 27, 2025. Prior to that, shareholders received a final dividend of Rs 95 on June 28, 2024, Rs 92 on July 7, 2023, and a dividend of Rs 80 on June 30, 2022.