Jio Financial Services has announced good news for its investors. The company has declared a dividend of ₹0.50 per share. The record date for this is set as August 11, 2025, and the AGM will be held on August 28. Upon approval, the money will reach the shareholders' accounts within a week.
Jio Financial Services Dividend: Jio Financial Services Limited, which operates in the payment solutions and insurance sectors, has recommended a final dividend of ₹0.50 per share for its shareholders. The company has clarified that only those who hold its shares until August 11, 2025, will be entitled to this dividend.
The company also stated that if this proposal is approved at the second Annual General Meeting (AGM), the dividend will be directly credited to the shareholders' accounts within a week. The date of the AGM is set for Thursday, August 28, 2025.
Cut-off Date for Voting Also Announced
Recently, in an exchange filing, the company informed that August 21, 2025, has been set as the cut-off date. This means that only those who hold the company's shares until this date will be able to vote at the AGM. The company says that preparations have been completed to ensure that the entire process is completed transparently and without any hindrance.
Slight Dip in Share Price
On Friday, August 8, Jio Financial Services' share on the BSE closed at ₹321.55 per share, down 1.15%. This is lower than the previous closing price of ₹325.30.
According to BSE data, the company's PE (Price-to-Earnings) ratio has remained above 50 for the past four quarters. This is an important indicator for investors. Additionally, the company is a part of the BSE 100 index and has a market valuation of ₹2.04 lakh crore, which demonstrates its b position.
The company has gained the trust of investors in recent times, and this dividend announcement is another step in that direction. The AGM will not only decide on the dividend but will also discuss the company's future plans and performance.
Experts say that investors should keep the record date (August 11) and the cut-off date (August 21) in mind so that they are not deprived of the right to dividend and voting at the AGM.
