Oberoi Realty Limited's board of directors, at its meeting held on July 17, 2026, declared an interim dividend of ₹2 per equity share for the quarter ended June 30, 2026, coinciding with the release of the company's Q1 FY27 financial results. The announcement was made to the NSE at 15:43 IST, confirming continuity in the Mumbai-based developer's quarterly dividend cadence.
Dividend Details
- Dividend per share: ₹2.00 (face value ₹10, implying a 20% payout on face value)
- Dividend type: Interim
- Declaration date: July 17, 2026
- ISIN: INE093I01010
With no current market price data available in the exchange feed at the time of publication, a precise trailing dividend yield calculation cannot be confirmed. Investors should note that Oberoi Realty has distributed ₹2 per share every quarter without exception across all recent declarations, making the annualised dividend run-rate ₹8 per share based on four quarterly payouts per financial year.
Dividend History and Consistency
The dividend history filed with NSE reveals a highly disciplined payout pattern. Oberoi Realty has declared ₹2 per equity share at every single board meeting tied to quarterly results, stretching back through at least ten consecutive declarations:
- July 17, 2026: ₹2 interim dividend (Q1 FY27)
- May 8, 2026: ₹2 interim dividend
- January 19, 2026: ₹2 interim dividend (declared twice in the same meeting, reflecting a 3rd interim designation)
- October 15, 2025: ₹2 interim dividend
- July 21, 2025: ₹2 interim dividend
- April 28, 2025: ₹2 interim dividend (4th interim for FY25)
- January 20, 2025: ₹2 (20%) 3rd interim dividend for FY25
The amount per payout has remained unchanged at ₹2 per share across all recorded declarations. This signals that the board has institutionalised a fixed quarterly distribution policy rather than a variable one tied to quarterly earnings fluctuations. There has been no increase in per-quarter dividend amount during this period, which means dividend growth on a per-payout basis has been flat even as the company has expanded its residential and commercial portfolio.
Company Background
Oberoi Realty is one of India's premium residential and commercial real estate developers, headquartered in Mumbai. The company operates projects primarily in the Mumbai Metropolitan Region and is listed on both NSE and BSE. Its ISIN INE093I01010 is part of several real estate indices tracked by institutional investors. The concurrent submission of Q1 FY27 financial results alongside the dividend declaration indicates the payout is directly linked to quarterly earnings review by the board.
What This Means for Investors
The regularity of ₹2 quarterly interim dividends provides shareholders with predictable income, with the annualised payout standing at ₹8 per equity share if the four-payout-per-year cadence continues through FY27. Investors tracking real estate sector income plays should note that Oberoi Realty's dividend policy appears formulaic and tied to quarterly board cycles rather than annual or special distributions. The absence of any dividend increase over multiple quarters may be a consideration for income-focused investors seeking dividend growth alongside capital appreciation in the real estate sector.
