This means that only those shareholders who own the shares of the company in their demat accounts as on August 10 (Monday) will be eligible to receive the dividend by the company, subject to shareholders’ approval at its upcoming Annual General Meeting (AGM).
This comes after the company paid a dividend of Rs 0.5 per share to its shareholders last year. The company, which had announced the latest dividend in April this year, has a dividend yield of 0.19%, according to data on Trendlyne.
Earlier this month, Jio Financial Services reported 155% year-on-year (YoY) growth in its consolidated net profit at Rs 830 crore in the first quarter, while revenue from operations in the reporting period increased 227% YoY to Rs 2,004 crore.
Consolidated total income rose 141% YoY to Rs 1,496 crore from Rs 619 crore. It was up 47% from Rs 1,020 crore in the March quarter. Interest income grew 165% YoY to Rs 962 crore, while fees and commission income surged to Rs 325 crore from Rs 54 crore.
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Jio Financial Services shares jumped nearly 4% to close at Rs 256 apiece on Friday. The stock gained more than 9% in a week and iver 8% in a month. Is it however down over 13% in 2026 so far.
Jio Financial Services share price
It also highlighted steady progress across the payments, insurance, and asset management businesses, although operating expenses remained elevated due to continued investments in incubating new businesses and expanding existing operations. Motilal Oswal cut its FY27 and FY28 EPS estimates by 4% and 6%, respectively, to account for higher operating costs, but expects consolidated PAT to grow at a 46% CAGR between FY26 and FY28.
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