NMDC Dividend Record Date 5 October: Today Is the Last Day to Buy for Rs 1 Final Payout; NMDC Share Price, Yield and Performance
- October 1, 2026
- Posted by: Kunal Singla
- Category: News
NMDC final dividend Rs 1 (100%) for FY26. Record date Mon, 5 Oct 2026. Last day to buy: Thu, 1 Oct. FY26 total dividend Rs 3.50. Share price Rs 77 (29 Sep). 52-week range Rs 72.24-97.49.
Quick Answer
The NMDC dividend for FY26 is a final payout of Rs 1 per share, or 100% of the Rs 1 face value, with a record date of Monday, 5 October 2026. Since India follows T+1 settlement and markets are shut on 2 October, Thursday, 1 October, is the last day to buy NMDC shares to qualify. Together with the Rs 2.50 interim dividend paid in March, NMDC’s FY26 payout totals Rs 3.50 per share, a yield of about 4.5% at the 29 September price of Rs 77.
The NMDC dividend is drawing attention as the record date approaches. India’s largest iron ore producer and a Navratna PSU, NMDC has fixed Monday, 5 October 2026, as the NMDC record date for its final dividend of Rs 1 per share for FY26, which shareholders approved at the company’s 68th annual general meeting on 28 September. NMDC share price closed at Rs 77 on 29 September.
For investors looking to qualify for the NMDC dividend, timing matters. Under T+1 settlement, shares must be bought at least one trading day before the record date. With markets closed on Friday, 2 October, for Gandhi Jayanti and over the weekend, Thursday, 1 October, is the last trading day to buy NMDC shares and still receive the payout.
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NMDC Dividend: Key Details
| Detail | Information |
|---|---|
| Company | NMDC Ltd |
| Dividend type | Final dividend for FY26 |
| Amount | Rs 1 per share (100% of face value) |
| Face value | Rs 1 |
| AGM approval | 28 September 2026 |
| Record date | Monday, 5 October 2026 |
| Last day to buy | Thursday, 1 October 2026 |
| Expected payment | Around 28 October 2026 |
| FY26 interim dividend | Rs 2.50 per share (paid March 2026) |
| FY26 total dividend | Rs 3.50 per share |
How the NMDC Record Date Works
For the NMDC dividend, as for any payout, the record date is the day on which a company checks its register of shareholders to decide who receives the dividend. In India’s T+1 settlement cycle, shares bought on a trading day reach the buyer’s demat account the next trading day, and the ex-dividend date falls on the record date itself.
For the NMDC dividend, that means shares bought on Thursday, 1 October, will be credited by Monday, 5 October, the record date. Shares bought on 5 October will not qualify. On the ex-date, NMDC share price usually adjusts downward by roughly the dividend amount.
NMDC Dividend Yield and History
At the 29 September 2026 closing price of Rs 77, the Rs 1 final dividend works out to a yield of about 1.3%. Including the Rs 2.50 interim dividend paid in March 2026, the total FY26 NMDC dividend of Rs 3.50 per share gives a yield of about 4.5%, one of the higher yields among large PSU dividend stocks.
The NMDC dividend has a long track record of regularity. The company typically pays an interim dividend early in the calendar year and a final dividend after its AGM. Over five years, its dividend has grown at about 6% a year, according to market data.
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NMDC Share Price and Performance
NMDC share price has been under pressure recently. The stock closed at Rs 77 on 29 September 2026, down 0.56% for the day and below both its 50-day and 200-day moving averages of about Rs 84. It is about 21% below its 52-week high of Rs 97.49 and about 7% above its 52-week low of Rs 72.24.
| Metric | Value |
|---|---|
| Price (29 Sep 2026) | Rs 77.00 |
| 52-week high | Rs 97.49 |
| 52-week low | Rs 72.24 |
| Market capitalisation | About Rs 67,700 crore |
| P/E (TTM) | About 9.1 |
| ROE | About 23% |
Despite recent weakness, NMDC has delivered strong long-term returns, helped by the regular NMDC dividend. Its low valuation, high return on equity and steady payouts have made it a favourite among income investors. The company recently commissioned a Rs 5,427 crore iron ore processing and pellet plant in Chhattisgarh and set iron ore prices at Rs 5,400 per tonne from 9 September.
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Should You Buy NMDC Only for the Dividend?
Buying a stock just before the record date only to capture the NMDC dividend rarely creates extra value, because the share price usually falls by about the dividend amount on the ex-date. Dividends are also taxable at your income tax slab, and tax may be deducted at source if dividends from a company exceed Rs 10,000 in a year. Investors should focus on NMDC’s long-term outlook, iron ore prices and steel demand rather than a single payout.
Key Risks
- Iron ore prices: NMDC’s profits depend heavily on domestic and global iron ore prices.
- Steel demand: A slowdown in steel production would reduce demand for iron ore.
- Policy risk: Government decisions on mining, exports or royalties can affect earnings.
- Price adjustment: The share price typically drops by about the dividend amount on the ex-date.
Bottom Line on the NMDC Dividend
The NMDC dividend of Rs 1 per share for FY26 has a record date of 5 October 2026, making 1 October the last day to buy to qualify. Including the interim payout, NMDC’s FY26 dividend totals Rs 3.50, a yield of about 4.5% at recent prices. The stock looks inexpensive on earnings but depends on iron ore prices, so consult a SEBI-registered advisor before investing.
Disclaimer: Data and figures in this article are sourced from publicly available information and reflect intraday levels at the time of writing. These may or may not be accurate. Please verify all data independently before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions on NMDC Dividend
What is the NMDC dividend for FY26?
Ans. NMDC’s board recommended and shareholders approved a final dividend of Rs 1 per equity share of face value Rs 1 for FY26, which is a 100% dividend, at the 68th AGM on 28 September 2026.
What is the NMDC dividend record date?
Ans. The NMDC record date for the FY26 final dividend is Monday, 5 October 2026.
What is the last day to buy NMDC shares for the dividend?
Ans. Because India follows T+1 settlement, the ex-date and record date are the same day. With markets closed on 2 October for Gandhi Jayanti and the weekend after, Thursday, 1 October 2026, is the last trading day to buy NMDC shares to be eligible.
When will NMDC pay the final dividend?
Ans. Dividends approved at the AGM are generally paid within 30 days. Market data platforms indicate a payment date of around 28 October 2026.
What is NMDC’s total dividend for FY26?
Ans. Including the interim dividend of Rs 2.50 per share paid in March 2026 and the final dividend of Rs 1, NMDC’s total dividend for FY26 is Rs 3.50 per share.
What is NMDC’s dividend yield?
Ans. Based on the 29 September 2026 closing price of Rs 77, the Rs 1 final dividend is a yield of about 1.3%, while the total FY26 dividend of Rs 3.50 works out to a yield of about 4.5%.
Is NMDC a good dividend stock?
Ans. NMDC has a long record of paying dividends and trades at about 9 times earnings, but its profits depend on iron ore prices and steel demand. Consult a SEBI-registered advisor before investing for dividends.
