Dividend Dhamaka: Defence PSU To Pay Whopping 700% Dividend; Buy Before Record Date? Check HAL Price Target

Dividend Dhamaka: Shares of Hindustan Aeronautics Limited (HAL) ended higher on Monday, February 16, as the defence PSU stock kicked off a crucial week that includes its interim dividend record date. Investor interest remained firm ahead of the key date, which is scheduled to fall later this week.

HAL shares closed 0.32% higher at Rs 4,226.05 per share on BSE with a market capitalisation of Rs 2,82,627.66 crore on Monday, February 16. The stock had touched an intraday high of Rs 4238.90 per share and an intraday low of Rs 4170 per share.

HAL Dividend

The company has announced a 700% interim dividend for the financial year 2025-26. "The Board of Directors of HAL has declared first interim dividend of Rs 75 per share of Rs 5 each fully paid up 700% for the financial year 2025-26," read a BSE filing by HAL.

HAL Dividend Record Date

HAL's board of directors has fixed Wednesday, 18 February as the dividend record date to determine the eligibility of shareholders. Investors owning the company shares on or before the dividend record date, will be eligible for the payout. "Record date for the payment of first interim dividend will be Wednesday, the 18th February, 2026. The dividend will be paid to all the eligible shareholders on or before 14th March, 2026."

HAL Share Price Recommendation

PL Capital has given a 'Buy' recommendation for HAL share price. "A robust confirmed order book provides strong revenue visibility up to 2032, supported by a healthy production pipeline and multiple strategic programmes including IMRH, LCA Mk2 and CATS which are expected to enter production post-2032, reinforcing HAL's long-term growth and technological capabilities," noted PL Capital in its report.

HAL Share Price Target

The brokerage has given a target price of Rs 5,338 per share. "The stock is currently trading at a P/E of 30.1x/27.3x on FY27/28E earnings. We roll forward to Mar'28E and maintain 'Buy' rating valuing the stock at a PE of 35x Mar'28E (38x Sep'27E earlier) arriving at a TP of Rs5,338 (Rs5,507 earlier)," read a PL Capital report released on February 13.

Disclaimer:The views and recommendations expressed are solely those of the individual analysts or entities and do not reflect the views of Goodreturns.in or Greynium Information Technologies Private Limited (together referred as "we"). We do not guarantee, endorse or take responsibility for the accuracy, completeness or reliability of any content, nor do we provide any investment advice or solicit the purchase or sale of securities. All information is provided for informational and educational purposes only and should be independently verified from licensed financial advisors before making any investment decisions.