Dabur India vs HUL: Which FMCG Stock To Buy For Dividend Ahead of Record Date Falling On 7th November?

Two industry titans in India's fast-moving consumer goods (FMCG) sector, Dabur India and Hindustan Unilever, are notable for both their dividend potential and their strong brands. These stocks are anticipated to make headlines in future sessions as the record date for both firms' upcoming dividend payments approaches on November 7. Which stock—Dabur India or Hindustan Unilever Ltd. (HUL)—is ideal to buy following the Q2 results? In this post, an analyst offers some recommendations.

Dabur India Dividend

• Dividend: Rs 2.75
• Record date: 7th November
• Ex-dividend date: 7th November

Dabur India Q2 Result Highlights

For the July-September quarter (Q2 FY26), the firm reported a 6.5% year-on-year (YoY) rise in consolidated net profit at Rs 444.8 crore. The quarter's revenue increased 5.4% YoY to Rs 3,191.3 crore from Rs 3,029 crore in Q2FY25. While operating margin was stable at 18.4%, somewhat higher than the 18.2% achieved in the same quarter previous year, the company's EBITDA improved 6.6% YoY to Rs 588.7 crore in the quarter under review.

Dabur India Target Price

"Dabur India is consolidating near its support zone around ₹510-₹515, showing base-building activity after recent corrections. Sustained trade above ₹525 could open the path toward ₹545-₹555 levels. RSI is recovering from oversold territory, suggesting improving short-term sentiment. Long-term trend remains intact, driven by strong brand equity and healthy rural recovery prospects. A close below ₹510, however, could invite mild weakness toward ₹495 support," commented Riyank Arora, technical analyst at Mehta Equities Ltd.

Hindustan Unilever Ltd (HUL)

• Dividend: Rs 19.00
• Record date: 7th November
• Ex-dividend date: 7th November

Hindustan Unilever Q2 Result Highlights

For the quarter that ended on September 30 of the fiscal year 2025-2026, Hindustan Unilever recorded a consolidated net profit of Rs 2,685 crore, up 3.6% from Rs 2,591 crore in the same quarter of the previous fiscal year. In Q2 FY26, the company's revenue from operations was Rs 16,034 crore, up 2.1% from Rs 15,703 crore in the same period the previous year. HUL's earnings before interest, taxes, depreciation, and amortization (EBITDA) plunged 1.3% to Rs 3,522 crore in the quarter under review from Rs 3,570 crore in Q2 FY25. However, the margin fell from 22.73% to 21.97% in Q2 FY26.

Hindustan Unilever Target Price

"HUL remains in a consolidation phase after witnessing mild profit booking from recent highs. The stock is sustaining above its key support near ₹2420, indicating resilience. A decisive move above ₹2480 could trigger fresh upside toward ₹2520-₹2550. RSI is stabilizing, reflecting potential accumulation at lower levels. The medium-term trend remains positive, supported by defensive demand and steady FMCG momentum, while strong fundamentals continue to provide downside protection," commented Riyank Arora.

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