Highest-Ever Interim Dividend: This Diversified Commercial Services Declares Rs 2.55 Per Share Dividend; Check Details
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International Gemological Institute declared its first interim dividend of Rs 2.55 per equity share for FY27, with the record date fixed for August 24, 2026.
✨ Key Takeaways
On Tuesday, Indian equity benchmark indices traded lower, with the Nifty 50 index declining 91.90 points, or 0.38 per cent, to 24,195.75. Amid the market movement, International Gemological Institute shares were trading at Rs 349.65, down 1.55 per cent. The company announced that its Board of Directors, at its meeting held on August 18, 2026, declared the first interim Dividend for FY27.
Highest-Ever Interim Dividend of Rs 2.55
International Gemological Institute declared its first interim dividend of Rs 2.55 per equity share of face value Rs 2 each for FY27. The dividend is the highest among the recent dividend payouts shown in the company's dividend history. The latest payout is 2 per cent higher than the Rs 2.50 per share interim dividend declared in February 2026 and August 2025, while it is around 4.51 per cent higher than the Rs 2.44 per share interim dividend declared in February 2025.
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Download Service BrochureThe company has fixed August 24, 2026, as the record date for determining shareholders eligible to receive the interim dividend. The dividend will be paid to eligible shareholders on or before September 17, 2026.
Historical Dividend Record
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The latest Rs 2.55 per share payout represents the company's highest dividend among the payouts shown above. The current dividend is also equivalent to 127.5 per cent of the Rs 2 face value of each equity share.
Share Price Performance
International Gemological Institute shares were trading at Rs 349.65, down 1.55 per cent, while the Nifty 50 declined 0.38 per cent to 24,195.75. The stock remained under pressure despite the company's announcement of its highest-ever interim dividend of Rs 2.55 per share.
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About International Gemological Institute
International Gemological Institute Limited is the company behind the IGI brand. The latest corporate announcement relates to its dividend distribution for FY27, with the Board declaring the first interim dividend of Rs 2.55 per equity share. The company has fixed August 24, 2026, as the record date and will make the payment to eligible shareholders on or before September 17, 2026.
The Rs 2.55 per share interim dividend, representing the highest payout in the provided dividend history, and the upcoming August 24 record date remain key developments for shareholders tracking the company.
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Disclaimer: The article is for informational purposes only and not investment advice.