Star Cement Limited (NSE: STARCEMENT) submitted its financial results for the quarter ended June 30, 2026 to the exchanges on August 7, 2026, following a Board meeting held the same day. The announcement continues a pattern of biannual interim dividend declarations that the company has maintained consistently, most recently paying Re. 1 per equity share in February 2026 and August 2025.
Dividend Pattern and History
Star Cement's dividend record reveals a disciplined and predictable payout structure. The company has declared interim dividends of Re. 1 per equity share on a biannual basis, with payments typically following Q2 and Q3 board meetings. The confirmed dividend events on record are as follows:
- February 6, 2026: Interim Dividend of Re. 1 per equity share (face value Re. 1)
- August 8, 2025: Interim Dividend of Re. 1 per equity share (face value Re. 1)
- February 6, 2020: Interim Dividend of Re. 1 per equity share at 100% of face value, declared alongside Q3 FY20 results
- May 17, 2018: Final Dividend of Re. 1 per equity share
The combined annualised interim dividend payout across FY26 stood at Re. 2 per equity share, consistent with the FY25 cycle that also saw two Re. 1 interim payouts in August 2025 and the prior February cycle. This signals no change in the per-share quantum over at least the past two financial years.
Yield and Valuation Context
With live quote and trade data unavailable at the time of this report, a precise dividend yield calculation cannot be confirmed. However, at a hypothetical market price of Re. 100, the annualised dividend of Re. 2 translates to a yield of approximately 2.0%. Investors should recalculate this figure against the prevailing market price of STARCEMENT on NSE to arrive at an accurate yield. The stock's 52-week range and current PE multiple relative to the broader cement sector PE were not available in the data provided and should be tracked independently via NSE or SEBI-regulated data sources.
Company Background
Star Cement Limited is a northeast India-focused cement manufacturer, holding a dominant market position in the region. The company operates under ISIN INE460H01021 and is listed on NSE. Its equity shares carry a face value of Re. 1 each, making the Re. 1 per share interim dividend equivalent to a 100% payout on face value, a metric the company itself cited in its February 2020 announcement.
What the Results Announcement Means for Investors
The Q1 FY27 results submission follows the same calendar cadence as prior years, where board meetings in August have historically coincided with interim dividend declarations. Investors will closely watch whether the August 7, 2026 board meeting resulted in a dividend declaration similar to August 8, 2025. As of the announcement timestamp of 13:53 IST on August 7, 2026, no separate dividend announcement had been filed on the exchange alongside the results outcome notice.
The absence of a concurrent dividend filing, in contrast to August 2025 when the interim dividend was announced the same day as results, may be a point of attention for income-focused shareholders tracking Star Cement's payout consistency. The full financial results for Q1 FY27, including revenue, EBITDA margins, and volume data, are expected to be available in the detailed results document submitted to NSE.
