Wealth First Portfolio Managers Limited (NSE: WEALTH) convened a board meeting on August 28, 2026, with the outcome communicated to the exchange at 12:02 PM. The announcement follows a fiscal year in which the company's total dividend payout dropped sharply compared to FY2025, marking a notable reversal in its recent distribution trend.
FY2026 Dividend Breakdown
For FY2026, Wealth First Portfolio Managers has so far declared a combined dividend of ₹5 per equity share. This comprises an interim dividend of ₹4 per share declared on February 4, 2026, and a final dividend of Re. 1 per share recommended on May 29, 2026. Both dividends are on equity shares with a face value of ₹10 per share.
Year-on-Year Comparison and Historical Trend
The FY2026 total of ₹5 per share represents a 58.3% decline from FY2025, when the company paid out a combined ₹12 per share. That FY2025 payout itself comprised two tranches: an interim dividend of ₹4 per share declared on November 13, 2025, and a final dividend of ₹4 per share recommended on May 12, 2025, along with a prior interim of ₹8 per share declared on October 14, 2024.
- FY2026: ₹5 per share (₹4 interim + Re. 1 final)
- FY2025: ₹12 per share (₹8 interim + ₹4 final)
- FY2023: ₹3 per share (final only)
- FY2022: ₹2 per share (final only)
- FY2019: ₹1 per share (final only)
- FY2018: ₹1 per share (final only)
The data reveals a clear escalation in payouts from FY2018 through FY2025, peaking at ₹12 per share, followed by a significant contraction in FY2026. The FY2025 payout of ₹12 per share was the highest in the company's recorded dividend history on NSE. The reduction to ₹5 per share in FY2026 brings total distribution back to levels last seen between FY2022 and FY2023.
Market Data Limitations and What Investors Should Note
The NSE data feed for this announcement does not include a current market price, trading volume, delivery percentage, or 52-week range for WEALTH as of the announcement date. As a result, a precise dividend yield calculation and delivery percentage analysis cannot be provided at this time. Investors are advised to check live quote data on the NSE portal for current price-based yield figures. At a reference price of ₹100, the FY2026 dividend of ₹5 per share would imply a yield of 5.0%; at ₹200, the yield would be 2.5%. Actual yield will vary based on the prevailing market price.
Company Background
Wealth First Portfolio Managers Limited is a SEBI-registered portfolio management and financial services company listed on NSE under the symbol WEALTH with ISIN INE658T01017. The company operates in the wealth management segment, which has seen competitive pressure alongside rapid industry growth in recent years.
Investor Takeaway
The August 28, 2026 board meeting outcome has not yet been detailed in the exchange filing text beyond confirming the meeting took place. Investors tracking WEALTH should monitor subsequent exchange disclosures for any additional decisions arising from this meeting, including any interim dividend declaration for FY2027, given the company's established pattern of mid-year interim payouts. The contraction in total per-share dividends from ₹12 in FY2025 to ₹5 in FY2026 is a material data point for income-focused shareholders evaluating the stock's distribution consistency.
