Aegis Vopak Terminals Board Recommends Final Dividend
Aegis Vopak Terminals Limited (NSE: AEGISVOPAK) has informed the stock exchanges that its Board of Directors, at a meeting held on May 28, 2026, recommended a final dividend of Rs. 0.2 per equity share for the financial year 2025-26.
Dividend Details
The recommended dividend of Rs. 0.2 per share (face value of Rs. 10 per share) translates to a dividend yield of approximately 0.3% based on the current market price. The payout is subject to approval by shareholders at the forthcoming Annual General Meeting (AGM).
The record date and payment date for the dividend will be announced in due course, once the company receives shareholder approval. The company has not yet disclosed any interim dividend for the year, making this the only dividend proposal for FY2025-26.
Meeting Outcome
The Board meeting held on May 28, 2026, considered and approved the recommendation. The company's regulatory filing with the NSE confirmed the decision, stating:
Aegis Vopak Terminals Limited has informed the Exchange that Board of Directors at its meeting held on May 28, 2026, recommended Final Dividend of Rs. 0.2 per equity share.
No other major announcements were made during the meeting regarding buybacks, bonus issues, or corporate actions.
About the Company
Aegis Vopak Terminals Limited is a joint venture between Aegis Logistics Limited and Royal Vopak (Netherlands), operating liquid storage terminals in India. The company provides bulk liquid storage and handling services for chemicals, petroleum products, and edible oils. As of the latest available data, the company has a market capitalisation of over ₹2,000 crore and has been consistently paying dividends in recent years.
Shareholders should watch for the company's AGM notice, which will include the record date and timeline for dividend payment. The ex-dividend date will be set accordingly once the record date is announced.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Investors should conduct their own due diligence or consult a financial advisor before making any investment decisions. Past dividend payments are not indicative of future payouts.