150% Dividend: BSE 500 Cement Stock To Trade Ex-Dividend On July 8; Stock Up 173% In 3 Yrs; Do You Own?

JK Cement Dividend: JK Cement Limited shares will remain in focus on Tuesday, July 8 as the BSE 500 company will determine the eligibility of its shareholders for 150% dividend payout announced earlier.

JK Cement shares closed 0.06% lower at Rs 6244.5 per share on BSE with a market capitalisation of Rs 48,239.66 crore. The stock had touched an intraday-high mark of Rs 6370.85 per share, whereas the stock value dipped to its 52-week low mark of Rs 6216.95 apiece on BSE on Monday.

JK Cement Dividend

The company's board of directors, in a meeting held in May, had announced a dividend of Rs 15 per equity share with a face value of Rs 10 per share.

"The Board of Directors of the Company (' the Board' ) at its Meeting held on 24th May, 2025, have recommended Final Dividend of Rs 15.0 per Equity Share of Rs.10/- each for the Financial Year ended 31st March, 2025, subject to declaration of the same by the Members at the ensuing 31st Annual General Meeting of the Company which has been convened on Friday 18th July, 2025.Such Dividend, if declared, will be paid from July 21,2025," read a company BSE filing released earlier.

JK Cement Dividend Record Date: How To Become Eligible For Payout?

The company had earlier announced that it has fixed July 8 as dividend record date to determine the eligibility of shareholders for the payout. To become eligible for the payout it is important for shareholders to own the company scrip on or before the dividend record date.

Do Investors Have To Pay Tax On Dividends?

In most of the cases, the dividend payout will attract fixed percentage of tax deducted at source (TDS). If the eligible shareholders will submit their valid PAN card document, then a 10% tax will be deducted.

Resident shareholders are required to present their PAN card document and other details to their respective Depository Participants. If shareholders are owning shares in physical mode, then they are required to "furnish details to Company's Registrar and Transfer Agent, viz. NSDL Database management ltd. (NDML) by furnishing relevant ISR forms. The records may please be updated before the record date, ie July 8."

A 20% TDS will be deducted on the dividend amount if the resident shareholders have not furnished their PAN card document and other details on time.

No TDS on dividend is applicable for individual shareholders if "the amount of dividend payable by the Company during a financial year in the aggregate does not exceed Rs. 10,000/-, or their income is below the taxable limit and declaration is received by the Company from the shareholder in Form 15G (for individuals up to age of 60 years) or in form 15H (for individuals above the age of 60 years)."

JK Cement Share Price Trend

JK Cement shares closed marginally lower at Rs 6244.5 per share on BSE on Monday. The stock had touched a 52-week high mark of Rs 6,499 per share on 27 June, 2025. The scrip value dipped to its 52-week low mark of Rs 3,893.8 apiece on BSE on 18 November, 2024. The stock value has surged around 48% in one year and by 173.3% in three years.