Clean Science and Technology Limited (NSE: CLEAN) announced a final dividend of ₹4 per equity share of face value ₹1 each for the financial year ended 31st March 2026, following a board meeting held on 14th May 2026. The dividend, representing 400% of face value, is subject to shareholder approval at the upcoming Annual General Meeting to be held within the timeline prescribed under the Companies Act, 2013.

Total FY26 Dividend Payout

The final dividend of ₹4 per share is the second payout for FY26. The company had earlier declared an interim dividend of ₹2 per share in January 2026, bringing the total dividend for FY26 to ₹6 per equity share. At the current market price of ₹830.85, the total FY26 dividend yield works out to approximately 0.72%. The final dividend alone translates to a yield of 0.48% at the prevailing price.

Dividend History and Year-on-Year Comparison

The company's dividend track record over recent years is as follows:

The total payout of ₹6 per share in FY26 is unchanged from FY25, indicating a stable but not growing dividend policy over the past two years. The company has, however, progressively raised total payouts from ₹3 in FY23 to ₹5 in FY24 and ₹6 from FY25 onwards, reflecting a steady upward trend over a three-year period.

Valuation and Market Context

Clean Science and Technology currently trades at a price-to-earnings ratio of 35.38, which is exactly in line with the sector PE of 35.38, suggesting the stock is fairly valued relative to its specialty chemicals peers at current levels. The stock's 52-week range spans from a low of ₹652 recorded on 30th March 2026 to a high of ₹1,600 reached on 30th May 2025, implying the current price of ₹830.85 sits roughly 27% above the 52-week low but 48% below the 52-week peak. This wide range reflects significant price compression over the past year.

Trading Activity and Delivery Data

On the day of the announcement, CLEAN recorded a trading volume of 2,10,882 shares with a delivery percentage of 38.66%. A delivery ratio below 40% indicates a meaningful proportion of intraday activity relative to positional trades, suggesting the dividend announcement attracted short-term traders alongside longer-term investors. Daily volatility stands at 2.1%, consistent with a mid-to-small cap specialty chemical stock. The company's market capitalisation at current price is ₹8,822.08 Cr.

Company Overview

Clean Science and Technology Limited is a Pune-based specialty chemicals manufacturer with a focus on performance chemicals and FMCG chemicals including MEHQ, BHA, and anisole derivatives. The company is listed across multiple NSE indices including NIFTY 500, NIFTY SMALLCAP 250, and NIFTY TOTAL MARKET. Its wholly owned subsidiary Clean Fino-Chem Limited has been classified as a material subsidiary.

What Investors Should Note

The final dividend of ₹4 per share remains pending shareholder approval at the AGM. Investors will need to watch for the record date announcement, which has not yet been declared. The consistent ₹6 total payout across FY25 and FY26 signals management's intent to maintain shareholder returns even as the stock has corrected sharply from its 52-week highs, though the low absolute yield of 0.72% limits income appeal at current valuations.