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Grindwell Norton Ltd Dividend History & Latest Dividend 2026

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NSE: GRINDWELL|
Stock price: ₹1,936.00|
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Grindwell Norton last declared a final dividend of ₹19.00 per share on 8 May 2026. The ex-date was 10 July 2026 and the record date was 10 July 2026. Trailing 12-month dividend yield is 0.98% as of 8 November 2026.

Latest Dividend

₹19.00

FY2026 · Final

Declared On

8 May 2026

announcement date

Ex-Date

10 Jul 2026

last ex-dividend date

Record Date

10 Jul 2026

eligibility cutoff

TTM Yield

0.98%

as of 8 Nov 2026

Grindwell Norton Dividend History

21 dividends declared, newest first

AnnouncementEx-DateRecord DateTypeDividend / ShareAdjusted Dividend / ShareYield at Ex-Date
8 May 202610 Jul 202610 Jul 2026Final₹19.00₹19.000.92%
9 May 202515 Jul 202515 Jul 2025Final₹17.00₹17.000.98%
6 May 20249 Jul 202410 Jul 2024Final₹17.00₹17.000.59%
6 May 20234 Aug 20235 Aug 2023Final₹14.50₹14.500.64%
6 May 202219 Jul 202220 Jul 2022Final₹12.00₹12.000.71%
7 May 202119 Jul 202122 Jul 2021Final₹9.50₹9.500.75%
20 May 202016 Jul 202018 Jul 2020Final₹7.50₹7.501.52%
29 May 201917 Jul 201919 Jul 2019Final₹6.00₹6.001.03%
30 May 201818 Jul 201820 Jul 2018Final₹5.00₹5.001.00%
23 May 201717 Jul 201719 Jul 2017Final₹4.00₹4.000.94%
16 Mar 201622 Mar 201624 Mar 2016Interim₹6.50₹6.50NA
14 May 201524 Jul 201528 Jul 2015Final₹6.50₹6.50NA
23 May 201411 Jul 201415 Jul 2014Final₹6.50₹6.50NA
4 May 201314 Jun 201318 Jun 2013Final₹6.50₹6.50NA
22 May 201215 Jun 201219 Jun 2012Final₹6.50₹6.50NA
17 May 201117 Jun 201121 Jun 2011Final₹6.00₹6.00NA
18 May 201018 Jun 201022 Jun 2010Final₹6.00₹6.00NA
6 Mar 200920 Mar 200924 Mar 2009Final₹4.00₹4.00NA
7 Mar 200819 Mar 200825 Mar 2008Final₹4.00₹4.00NA
12 Dec 200719 Dec 200720 Dec 2007Special₹4.00₹4.00NA
8 Mar 200722 Mar 200724 Mar 2007Interim₹3.50₹3.50NA

Grindwell Norton Dividend Summary

Based on dividends up to FY2026, adjusted for bonus issues and splits

Consecutive years paid

17

financial years, up to FY2026

5Y adjusted DPS CAGR

14.9%

FY2021 to FY2026

5Y total adjusted dividend

₹79.50

per share

Latest payout ratio

51%

FY2026 DPS ÷ EPS

Payout frequency

Annual

1 dividend in FY2026

Dividend per Share vs Earnings per Share

Adjusted dividend per share and EPS for each completed financial year, on one ₹ scale

Financial YearEPSAdjusted DPS
FY2026₹37.50₹19.00
FY2025₹33.31₹17.00
FY2024₹34.64₹17.00
FY2023₹32.68₹14.50
FY2022₹26.70₹12.00
FY2021NA₹9.50
FY2020NA₹7.50

How Much Dividend Would You Receive?

Gross amount at the latest dividend of ₹19.00 per share

Gross dividend

₹1,900.00

100 × ₹19.00 per share

Calculated at the latest declared dividend of ₹19.00 per share, before tax. Past dividends do not indicate future dividends.

About Grindwell Norton's Dividend Record

Grindwell Norton has paid a dividend in each of the last 17 financial years, up to FY2026. Grindwell Norton declared a special dividend of ₹4.00 per share in 2007. Dividend per share grew at a 5-year CAGR of 14.9% from FY2021 to FY2026. The total adjusted dividend over the five financial years up to FY2026 is ₹79.50 per share. The FY2026 payout ratio was 51%, based on earnings per share of ₹37.50. The trailing 12-month dividend yield is 0.98% as of 8 November 2026, based on dividends of ₹19.00 per share and a share price of ₹1,936.00.

FAQs

What is the latest dividend declared by Grindwell Norton?

Grindwell Norton declared a final dividend of ₹19.00 per share on 8 May 2026, with a record date of 10 July 2026.

When will I receive the Grindwell Norton dividend?

Shareholders on record as of 10 July 2026 are eligible for the Grindwell Norton dividend. It is credited to the bank account linked to the shareholder's demat account.

What are the ex-dividend date and record date for Grindwell Norton?

The ex-date is 10 July 2026 and the record date is 10 July 2026. Under the T+1 settlement cycle, investors generally need to buy shares before the ex-date to be eligible for the dividend.

How often does Grindwell Norton pay a dividend?

Grindwell Norton has paid a dividend in each of the last 17 financial years, up to FY2026. In FY2026 its payout frequency was annual.

What is Grindwell Norton's dividend yield?

Grindwell Norton's trailing 12-month dividend yield is 0.98% as of 8 November 2026, based on ₹19.00 of dividends per share during the previous 12 months and a share price of ₹1,936.00.

How is the Grindwell Norton dividend taxed?

Dividends from Grindwell Norton are taxable as income from other sources at your applicable income tax slab rate. TDS at 10% is deducted at source if your total dividend income from Grindwell Norton exceeds ₹10,000 in a financial year. NRI investors are subject to 20% TDS or applicable DTAA rate. You can claim TDS credit when filing your ITR.

How can I check whether I received the Grindwell Norton dividend?

Check the bank account linked to your demat account for the dividend credit. Where applicable, tax deducted at source also appears in your Form 26AS and AIS.