Prestige Estates Projects, a leading player in India’s real estate sector, is set to close its ex-dividend date tomorrow, September 3, 2025. Shareholders who hold the stock by the end of trading today, September 2, will be eligible for the final dividend payout of Rs 1.8 per share for the financial year ended March 31, 2025. This dividend announcement follows a strong financial performance and reflects the company’s commitment to rewarding its investors.
Dividend Details and Record Date
The final dividend of Rs 1.8 per share was approved by the board and the record date for entitlement is September 3, 2025. The payout is expected to be disbursed on or before October 9, 2025, after applicable tax deductions.
Strong Financials Backing Dividend
In the June 2025 quarter, Prestige Estates reported a consolidated revenue of Rs 2,307.30 crore, up from Rs 1,862.10 crore in the same period last year. Profit after tax stood at Rs 328 crore, showing healthy growth and a robust earnings per share (EPS) of Rs 6.79, underscoring the company’s strong operational performance.
Share Price Movement and Market Impact
On the last trading day before the ex-date, Prestige Estates shares closed at Rs 1,578.20, reflecting a 1.05% rise compared to the previous day. The dividend announcement typically attracts interest from income-focused investors aiming to capture the payout.
Importance of the Ex-Dividend Date for Investors
Last Opportunity to Buy and Qualify
Investors looking to receive the upcoming dividend must purchase shares and have them in their demat accounts before the ex-dividend date. The share price often adjusts downward on the ex-date, reflecting the dividend amount being paid out.
Dividend as Investor Confidence Signal
Consistent dividend payouts like this one indicate the company’s strong cash flows and financial health, reassuring shareholders about management’s confidence in sustainable business growth.
Broader Dividend Landscape in the Market
Prestige Estates is among several companies declaring dividends around this period. Investors tracking dividend-paying stocks should be vigilant about ex-dividend dates to optimize their income strategies. Other notable dividend declarations include Patanjali Foods and Concord Biotech, among others.
Conclusion: Strategic Timing for Dividend Investors
With the ex-dividend date set for September 3, today represents the final trading day for investors aiming to benefit from Prestige Estates’ Rs 1.8 per share dividend payout. This opportunity reflects the company’s solid financial footing and ongoing commitment to shareholder value. Income-focused investors and portfolio managers should consider the timing and pricing implications when making trading decisions.
Sources: Moneycontrol, Economic Times, JM Financial Services, Business Standard, Tradingview