Blue Star shares are set to trade ex-dividend tomorrow, July 17, 2026, for a final dividend of ₹8.50 per equity share. According to reports from Moneycontrol, the dividend announcement was originally made on May 6, 2026, reflecting the company's ongoing commitment to delivering shareholder value. At the current market price of ₹1,753.90, the dividend yield stands at approximately 0.48% for the financial year ending March 2026. Investors holding Blue Star shares before the ex-dividend date will be eligible to receive the dividend payment.
The stock opened at ₹1,755.00 today and reached an intraday high of ₹1,762.20, while touching a low of ₹1,733.90. As per Dhan App reports, the average traded price for the session was ₹1,743.24. The stock is currently trading sideways with technical indicators showing the 50 DMA at ₹1,642.69 and 200 DMA at ₹1,782.54. The positive opening and trading range indicate sustained investor interest following the dividend announcement.
According to latest shareholding data from Dhan App, promoters maintain a stable 36.49% stake in Blue Star as of March 2026, unchanged from previous quarters. Domestic Institutional Investors (DII) have increased their holding to 27.79% from 26.76% in the previous quarter, while Foreign Institutional Investors (FII) have reduced their stake to 13.80% from 14.66%. Public investors hold 16.56% of the company, with no government holding reported. This shift in institutional ownership reflects changing investment sentiment among institutional investors.
According to Moneycontrol reports, the final dividend of ₹8.50 for the financial year ending March 2026 represents a fluctuating dividend policy. The current payout is lower than the ₹9.00 per share paid for March 2025 and significantly less than the ₹12.00 per share distributed in March 2023. However, it represents an increase from the ₹7.00 per share declared for March 2024. The company also paid ₹10.00 per share in March 2022, indicating a long-standing practice of rewarding investors despite varying market conditions.
As reported by Moneycontrol, Blue Star demonstrated mixed performance in its recent financial results. For the quarter ending March 2026, the company reported consolidated revenue of ₹4,072.06 crore, marking a 1.32% increase compared to ₹4,018.96 crore in the corresponding quarter of March 2025. Consolidated net profit for the same quarter saw a healthy rise of 14.98%, reaching ₹223.53 crore from ₹194.40 crore in March 2025. However, the full fiscal year performance ending March 2026 revealed a different trend, with annual consolidated revenue increasing by 3.63% to ₹12,401.99 crore from ₹11,967.65 crore in March 2025, while consolidated net profit declined by 11.11% to ₹526.77 crore from ₹592.61 crore in the previous fiscal year.
