Workspace / Dividend record
Prices to 15 Sept 2026 · Financials to 30 Jun 2026 · Developments 14 Sept 2026
The dividend record

Who has paid, and who has raised.

Two countable facts for every company in the universe, over the 11 complete calendar years from 2015 to 2025. Neither is a rating, and a long record is not a reason to buy.

Paid every year
111 of 200

An unbroken record across all 11 complete years. Common — rather more common than most people expect.

Raised in most years
40 of 200

Raised the per-share amount in at least four of every five year-on-year steps. Rare — and a different claim from the one beside it.

Raised over the span
109 of 111

Of the unbroken payers, those paying more in 2025 than in 2015. End to end only — it says nothing about the path.

Never paid
11 of 200

Not a criticism. A company reinvesting everything it earns is making a different choice, not a worse one.

Every record

Ordered by the length of the record — a count, not a verdict
Company20152025Years paidUnbrokenYears raised20152025Change
Pidilite IndustriesPIDILITIND · Chemicals & Fertilisers
11 of 11all 1110 of 10₹1.45₹10+590%
Reliance IndustriesRELIANCE · Oil, Gas & Energy
11 of 11all 1110 of 10₹2.48₹5.5+122%
Bajaj FinanceBAJFINANCE · Banking & Finance
11 of 11all 119 of 10₹0.18₹5.6+3011%
UltraTech CementULTRACEMCO · Cement & Building Materials
11 of 11all 119 of 10₹9₹77.5+761%
Bharat ElectronicsBEL · Capital Goods & Engineering
11 of 11all 119 of 10₹0.29₹2.4+714%
Persistent SystemsPERSISTENT · IT & Software
11 of 11all 119 of 10₹5₹35+600%
PI IndustriesPIIND · Chemicals & Fertilisers
11 of 11all 119 of 10₹2.5₹16+540%
AstralASTRAL · Cement & Building Materials
11 of 11all 118 of 10₹0.17₹3.75+2122%
Eicher MotorsEICHERMOT · Automobile
11 of 11all 118 of 10₹5₹70+1300%
Ashok LeylandASHOKLEY · Automobile
11 of 11all 118 of 10₹0.23₹3.13+1289%
Shree CementSHREECEM · Cement & Building Materials
11 of 11all 118 of 10₹14₹190+1257%
ABB IndiaABB · Capital Goods & Engineering
11 of 11all 118 of 10₹3.7₹43.27+1070%
Britannia IndustriesBRITANNIA · FMCG & Consumer
11 of 11all 118 of 10₹8₹75+838%
CoforgeCOFORGE · IT & Software
11 of 11all 118 of 10₹1.9₹15.6+721%
Power Grid CorporationPOWERGRID · Power & Utilities
11 of 11all 118 of 10₹1.13₹9+700%
KEC InternationalKEC · Infrastructure & Construction
11 of 11all 118 of 10₹0.9₹5.5+511%
Kalpataru Projects InternationalKPIL · Infrastructure & Construction
11 of 11all 118 of 10₹1.5₹9+500%
Cummins IndiaCUMMINSIND · Capital Goods & Engineering
11 of 11all 118 of 10₹9₹51.5+472%
Nestlé IndiaNESTLEIND · FMCG & Consumer
11 of 11all 118 of 10₹2.13₹12.13+471%
Hero MotoCorpHEROMOTOCO · Automobile
11 of 11all 118 of 10₹30₹165+450%
Sun PharmaceuticalSUNPHARMA · Pharma & Healthcare
11 of 11all 118 of 10₹3₹16+433%
RECRECLTD · Banking & Finance
11 of 11all 118 of 10₹4.01₹19.7+391%
NBCC IndiaNBCC · Infrastructure & Construction
11 of 11all 118 of 10₹0.24₹1.09+346%
Muthoot FinanceMUTHOOTFIN · Banking & Finance
11 of 11all 118 of 10₹6₹26+333%
Mahindra & MahindraM&M · Automobile
11 of 11all 118 of 10₹6₹25.3+322%
Supreme IndustriesSUPREMEIND · Cement & Building Materials
11 of 11all 118 of 10₹9₹35+289%
Asian PaintsASIANPAINT · FMCG & Consumer
11 of 11all 118 of 10₹6.5₹25.05+285%
InfosysINFY · IT & Software
11 of 11all 118 of 10₹12.38₹45+264%
MphasisMPHASIS · IT & Software
11 of 11all 118 of 10₹16₹57+256%
ITCITC · FMCG & Consumer
11 of 11all 118 of 10₹4.17₹14.35+244%
Castrol IndiaCASTROLIND · Oil, Gas & Energy
11 of 11all 118 of 10₹4₹13+225%
Hindustan UnileverHINDUNILVR · FMCG & Consumer
11 of 11all 118 of 10₹15.5₹43+177%
Manappuram FinanceMANAPPURAM · Banking & Finance
11 of 11all 118 of 10₹1.8₹2.5+39%
Info Edge (Naukri)NAUKRI · IT & Software
11 of 11all 117 of 10₹0.6₹6+900%
Indian Oil CorporationIOC · Oil, Gas & Energy
11 of 11all 117 of 10₹1.1₹8+627%
RedingtonREDINGTON · IT & Software
11 of 11all 117 of 10₹0.95₹6.8+616%
GAIL (India)GAIL · Oil, Gas & Energy
11 of 11all 117 of 10₹1.13₹7.5+567%
HCL TechnologiesHCLTECH · IT & Software
11 of 11all 117 of 10₹9₹60+567%
MaricoMARICO · FMCG & Consumer
11 of 11all 117 of 10₹1.63₹10.5+546%
Tata Consultancy ServicesTCS · IT & Software
11 of 11all 117 of 10₹20₹128+540%
Torrent PharmaceuticalsTORNTPHARM · Pharma & Healthcare
11 of 11all 117 of 10₹5.63₹32+469%
Maruti Suzuki IndiaMARUTI · Automobile
11 of 11all 117 of 10₹25₹135+440%
TVS Motor CompanyTVSMOTOR · Automobile
11 of 11all 117 of 10₹1.9₹10+426%
TrentTRENT · Retail & E-commerce
11 of 11all 117 of 10₹0.67₹3.33+400%
Colgate-Palmolive IndiaCOLPAL · FMCG & Consumer
11 of 11all 117 of 10₹11₹51+364%
NTPCNTPC · Power & Utilities
11 of 11all 117 of 10₹2.08₹8.6+313%
Dabur IndiaDABUR · FMCG & Consumer
11 of 11all 117 of 10₹2₹8+300%
CyientCYIENT · IT & Software
11 of 11all 117 of 10₹8₹30+275%
Blue StarBLUESTARCO · Capital Goods & Engineering
11 of 11all 117 of 10₹2.5₹9+260%
Havells IndiaHAVELLS · Capital Goods & Engineering
11 of 11all 117 of 10₹3₹10+233%
Larsen & ToubroLT · Infrastructure & Construction
11 of 11all 117 of 10₹10.83₹34+214%
VoltasVOLTAS · Capital Goods & Engineering
11 of 11all 117 of 10₹2.25₹7+211%
Grasim IndustriesGRASIM · Cement & Building Materials
11 of 11all 117 of 10₹3.59₹10+179%
Solar Industries IndiaSOLARINDS · Chemicals & Fertilisers
11 of 11all 117 of 10₹3.6₹10+178%
Container Corporation of IndiaCONCOR · Logistics & Transport
11 of 11all 117 of 10₹3.43₹9.2+168%
Sonata SoftwareSONATSOFTW · IT & Software
11 of 11all 117 of 10₹2.91₹6.9+137%
Aurobindo PharmaAUROPHARMA · Pharma & Healthcare
11 of 11all 117 of 10₹2.6₹4+54%
Coal IndiaCOALINDIA · Metals & Mining
11 of 11all 117 of 10₹20.7₹26.5+28%
CiplaCIPLA · Pharma & Healthcare
11 of 11all 116 of 10₹2₹16+700%
Adani Ports & SEZADANIPORTS · Logistics & Transport
11 of 11all 116 of 10₹1.1₹7+536%
BoschBOSCHLTD · Automobile
11 of 11all 116 of 10₹85₹512+502%
Zensar TechnologiesZENSARTECH · IT & Software
11 of 11all 116 of 10₹2.2₹13+491%
NCCNCC · Infrastructure & Construction
11 of 11all 116 of 10₹0.4₹2.2+450%
Hindalco IndustriesHINDALCO · Metals & Mining
11 of 11all 116 of 10₹1₹5+400%
Natco PharmaNATCOPHARM · Pharma & Healthcare
11 of 11all 116 of 10₹1₹5+400%
Radico KhaitanRADICO · FMCG & Consumer
11 of 11all 116 of 10₹0.8₹4+400%
Titan CompanyTITAN · Retail & E-commerce
11 of 11all 116 of 10₹2.3₹11+378%
MRFMRF · Automobile
11 of 11all 116 of 10₹50₹235+370%
SRFSRF · Chemicals & Fertilisers
11 of 11all 116 of 10₹2₹7.6+280%
Tata Consumer ProductsTATACONSUM · FMCG & Consumer
11 of 11all 116 of 10₹2.22₹8.25+271%
Navin Fluorine InternationalNAVINFLUOR · Chemicals & Fertilisers
11 of 11all 116 of 10₹3.7₹13.5+265%
Apollo HospitalsAPOLLOHOSP · Pharma & Healthcare
11 of 11all 116 of 10₹5.75₹19+230%
Multi Commodity ExchangeMCX · Banking & Finance
11 of 11all 116 of 10₹2₹6+200%
AtulATUL · Chemicals & Fertilisers
11 of 11all 116 of 10₹8.5₹25+194%
JSW SteelJSWSTEEL · Metals & Mining
11 of 11all 116 of 10₹1.1₹2.8+155%
NMDCNMDC · Metals & Mining
11 of 11all 116 of 10₹1.85₹3.3+78%
Jyothy LabsJYOTHYLAB · FMCG & Consumer
11 of 11all 116 of 10₹2₹3.5+75%
JBM AutoJBMA · Automobile
11 of 11all 116 of 10₹0.5₹0.85+70%
Samvardhana MothersonMOTHERSON · Automobile
11 of 11all 116 of 10₹0.4₹0.57+43%
Apar IndustriesAPARINDS · Capital Goods & Engineering
11 of 11all 115 of 10₹3.5₹51+1357%
Torrent PowerTORNTPOWER · Power & Utilities
11 of 11all 115 of 10₹1.5₹19+1167%
Petronet LNGPETRONET · Oil, Gas & Energy
11 of 11all 115 of 10₹1₹10+900%
Tech MahindraTECHM · IT & Software
11 of 11all 115 of 10₹6₹45+650%
Bajaj FinservBAJAJFINSV · Banking & Finance
11 of 11all 115 of 10₹0.18₹1+471%
TridentTRIDENT · Textiles & Apparel
11 of 11all 115 of 10₹0.09₹0.5+456%
Shriram FinanceSHRIRAMFIN · Banking & Finance
11 of 11all 115 of 10₹1.95₹10.3+429%
Chambal FertilisersCHAMBLFERT · Chemicals & Fertilisers
11 of 11all 115 of 10₹1.9₹10+426%
Tata SteelTATASTEEL · Metals & Mining
11 of 11all 115 of 10₹0.76₹3.6+372%
Bharat PetroleumBPCL · Oil, Gas & Energy
11 of 11all 115 of 10₹3.75₹17.5+367%
Bajaj AutoBAJAJ-AUTO · Automobile
11 of 11all 115 of 10₹50₹210+320%
Great Eastern ShippingGESHIP · Logistics & Transport
11 of 11all 115 of 10₹7₹27.9+299%
VedantaVEDL · Metals & Mining
11 of 11all 115 of 10₹5.85₹23+293%
Bajaj Holdings & InvestmentBAJAJHLDNG · Banking & Finance
11 of 11all 115 of 10₹32.5₹93+186%
Cholamandalam Investment & FinanceCHOLAFIN · Banking & Finance
11 of 11all 115 of 10₹0.7₹2+186%
Oil & Natural Gas CorporationONGC · Oil, Gas & Energy
11 of 11all 115 of 10₹6₹12.25+104%
SiemensSIEMENS · Capital Goods & Engineering
11 of 11all 115 of 10₹6₹12+100%
UPLUPL · Chemicals & Fertilisers
11 of 11all 115 of 10₹3.2₹6+88%
Zydus LifesciencesZYDUSLIFE · Pharma & Healthcare
11 of 11all 114 of 10₹2.4₹11+358%
DLFDLF · Real Estate & Hospitality
11 of 11all 114 of 10₹2₹6+200%
Bharat ForgeBHARATFORG · Capital Goods & Engineering
11 of 11all 114 of 10₹3.75₹8.5+127%
Tata PowerTATAPOWER · Power & Utilities
11 of 11all 114 of 10₹1.3₹2.25+73%
LupinLUPIN · Pharma & Healthcare
11 of 11all 114 of 10₹7.5₹12+60%
WiproWIPRO · IT & Software
11 of 11all 113 of 10₹2.25₹11+389%
Jubilant FoodWorksJUBLFOOD · FMCG & Consumer
11 of 11all 113 of 10₹0.25₹1.2+380%
Divi's LaboratoriesDIVISLAB · Pharma & Healthcare
11 of 11all 113 of 10₹10₹30+200%
Dr. Reddy's LaboratoriesDRREDDY · Pharma & Healthcare
11 of 11all 113 of 10₹4₹8+100%
Granules IndiaGRANULES · Pharma & Healthcare
11 of 11all 113 of 10₹0.8₹1.5+88%
Welspun LivingWELSPUNLIV · Textiles & Apparel
11 of 11all 113 of 10₹1.4₹1.7+21%
Adani EnterprisesADANIENT · Infrastructure & Construction
11 of 11all 113 of 10₹1.36₹1.26-7%
Prestige Estates ProjectsPRESTIGE · Real Estate & Hospitality
11 of 11all 112 of 10₹1.5₹1.8+20%
Ambuja CementsAMBUJACEM · Cement & Building Materials
11 of 11all 112 of 10₹3.2₹2-38%
Alkem LaboratoriesALKEM · Pharma & Healthcare
10 of 11108 of 10₹45
Indian Hotels CompanyINDHOTEL · Real Estate & Hospitality
10 of 11108 of 10₹2.25
LTIMindtree (LTM)LTM · IT & Software
10 of 11108 of 10₹67
Housing & Urban Development CorpHUDCO · Banking & Finance
9 of 1198 of 10₹6.3
Varun BeveragesVBL · FMCG & Consumer
9 of 1197 of 10₹1.5
BSE LtdBSE · Banking & Finance
9 of 1196 of 10₹7.67
Crompton Greaves ConsumerCROMPTON · FMCG & Consumer
9 of 1195 of 10₹3
Laurus LabsLAURUSLABS · Pharma & Healthcare
9 of 1194 of 10₹1.6
Central Depository ServicesCDSL · Banking & Finance
8 of 1188 of 10₹12.5
Dixon TechnologiesDIXON · Capital Goods & Engineering
8 of 1187 of 10₹8
Firstsource SolutionsFSL · IT & Software
8 of 1186 of 10₹4
HDFC Asset ManagementHDFCAMC · Banking & Finance
7 of 1177 of 10₹45
Polycab IndiaPOLYCAB · Capital Goods & Engineering
7 of 1177 of 10₹35
Hindustan AeronauticsHAL · Capital Goods & Engineering
7 of 1175 of 10₹40
JSW EnergyJSWENERGY · Power & Utilities
10 of 1172 of 10₹2₹20%
Power Finance CorporationPFC · Banking & Finance
10 of 1166 of 10₹7.16₹16.4+129%
10 of 1166 of 10₹180₹395+119%
Angel OneANGELONE · Banking & Finance
6 of 1165 of 10₹4.8
HDFC BankHDFCBANK · Banking & Finance
10 of 1159 of 10₹2₹13.5+575%
Kotak Mahindra BankKOTAKBANK · Banking & Finance
10 of 1159 of 10₹0.09₹0.5+456%
Karur Vysya BankKARURVYSYA · Banking & Finance
10 of 1157 of 10₹1.84₹2.17+18%
ICICI Lombard General InsuranceICICIGI · Banking & Finance
8 of 1157 of 10₹13.5
Phoenix MillsPHOENIXLTD · Real Estate & Hospitality
10 of 1156 of 10₹1.1₹2.5+127%
Federal BankFEDERALBNK · Banking & Finance
10 of 1156 of 10₹1.1₹1.2+9%
HDFC Life InsuranceHDFCLIFE · Banking & Finance
7 of 1156 of 10₹2.1
State Bank of IndiaSBIN · Banking & Finance
8 of 1155 of 10₹3.5₹15.9+354%
ICICI BankICICIBANK · Banking & Finance
10 of 1155 of 10₹4.55₹11+142%
Balrampur Chini MillsBALRAMCHIN · FMCG & Consumer
8 of 1155 of 10₹3.5
HFCLHFCL · Telecom
7 of 1155 of 10₹0.1
ICICI Prudential Life InsuranceICICIPRULI · Banking & Finance
9 of 1155 of 10₹0.85
Elecon EngineeringELECON · Capital Goods & Engineering
10 of 1154 of 10₹0.55₹2+264%
SBI Life InsuranceSBILIFE · Banking & Finance
7 of 1154 of 10₹2.7
Steel Authority of IndiaSAIL · Metals & Mining
7 of 1153 of 10₹2₹1.6-20%
Indian Railway Finance CorpIRFC · Banking & Finance
5 of 1153 of 10₹1.85
APL Apollo TubesAPLAPOLLO · Metals & Mining
9 of 1147 of 10₹0.6₹5.75+858%
Bharti AirtelBHARTIARTL · Telecom
9 of 1146 of 10₹2₹16+700%
Bank of BarodaBANKBARODA · Banking & Finance
6 of 1145 of 10₹3.2₹8.35+161%
Canara BankCANBK · Banking & Finance
6 of 1145 of 10₹2.04₹4+96%
Bharat Heavy ElectricalsBHEL · Capital Goods & Engineering
9 of 1145 of 10₹0.77₹0.5-35%
IRB Infrastructure DevelopersIRB · Infrastructure & Construction
9 of 1145 of 10₹0.2₹0.12-40%
Punjab National BankPNB · Banking & Finance
5 of 1144 of 10₹3.3₹2.9-12%
AU Small Finance BankAUBANK · Banking & Finance
6 of 1144 of 10₹1
Life Insurance Corporation of IndiaLICI · Banking & Finance
4 of 1144 of 10₹6
Oberoi RealtyOBEROIRLTY · Real Estate & Hospitality
9 of 1143 of 10₹2₹8+300%
Bank of IndiaBANKINDIA · Banking & Finance
5 of 1143 of 10₹5₹4.05-19%
Axis BankAXISBANK · Banking & Finance
8 of 1143 of 10₹4.6₹1-78%
Intellect Design ArenaINTELLECT · IT & Software
4 of 1143 of 10₹7
Jindal Steel & PowerJINDALSTEL · Metals & Mining
4 of 1141 of 10₹2
Godrej Consumer ProductsGODREJCP · FMCG & Consumer
9 of 1135 of 10₹1.83₹20+991%
RBL BankRBLBANK · Banking & Finance
7 of 1134 of 10₹1
EIH (Oberoi Hotels)EIHOTEL · Real Estate & Hospitality
8 of 1133 of 10₹1.08₹1.5+39%
Titagarh Rail SystemsTITAGARH · Capital Goods & Engineering
8 of 1133 of 10₹0.8₹1+25%
Kalyan Jewellers IndiaKALYANKJIL · Retail & E-commerce
3 of 1133 of 10₹1.5
Lodha DevelopersLODHA · Real Estate & Hospitality
3 of 1133 of 10₹4.25
4 of 1133 of 10₹6
United SpiritsUNITDSPR · FMCG & Consumer
3 of 1133 of 10₹12
Max Healthcare InstituteMAXHEALTH · Pharma & Healthcare
3 of 1132 of 10₹1.5
CG Power & Industrial SolutionsCGPOWER · Capital Goods & Engineering
4 of 1131 of 10₹0.4₹1.3+225%
Zee Entertainment EnterprisesZEEL · Media & Entertainment
10 of 1127 of 10₹2.25₹2.43+8%
Hindustan PetroleumHINDPETRO · Oil, Gas & Energy
10 of 1124 of 10₹3.63₹15.5+327%
IDFC First BankIDFCFIRSTB · Banking & Finance
4 of 1113 of 10₹0.25
InterGlobe Aviation (IndiGo)INDIGO · Logistics & Transport
5 of 1113 of 10₹10
PNB Housing FinancePNBHOUSING · Banking & Finance
4 of 1113 of 10₹5
Tejas NetworksTEJASNET · Telecom
2 of 1112 of 10₹2.5
Central Bank of IndiaCENTRALBK · Banking & Finance
2 of 1111 of 10₹0.5₹0.59+18%
Chalet HotelsCHALET · Real Estate & Hospitality
1 of 1111 of 10₹1
Hyundai Motor IndiaHYUNDAI · Automobile
1 of 1111 of 10₹21
Jio Financial ServicesJIOFIN · Banking & Finance
1 of 1111 of 10₹0.5
IndusInd BankINDUSINDBK · Banking & Finance
9 of 117 of 10₹4
IIFL FinanceIIFL · Banking & Finance
9 of 116 of 10
Indus TowersINDUSTOWER · Telecom
8 of 113 of 10₹6.5
RaymondRAYMOND · Textiles & Apparel
8 of 113 of 10₹3
Yes BankYESBANK · Banking & Finance
5 of 113 of 10₹1.8
PVR INOXPVRINOX · Media & Entertainment
6 of 112 of 10₹0.98
Amber Enterprises IndiaAMBER · Capital Goods & Engineering
2 of 111 of 10
Adani Energy SolutionsADANIENSOL · Power & Utilities
0 of 110 of 10
Adani Green EnergyADANIGREEN · Power & Utilities
0 of 110 of 10
Adani PowerADANIPOWER · Power & Utilities
0 of 110 of 10
Avenue Supermarts (DMart)DMART · Retail & E-commerce
0 of 110 of 10
Bajaj Housing FinanceBAJAJHFL · Banking & Finance
0 of 110 of 10
DelhiveryDELHIVERY · Logistics & Transport
0 of 110 of 10
Eternal (Zomato)ETERNAL · Retail & E-commerce
0 of 110 of 10
GMR AirportsGMRAIRPORT · Infrastructure & Construction
0 of 110 of 10
Godrej PropertiesGODREJPROP · Real Estate & Hospitality
1 of 110 of 10₹2
IFCIIFCI · Banking & Finance
2 of 110 of 10₹1.5
One 97 Communications (Paytm)PAYTM · Banking & Finance
0 of 110 of 10
Suzlon EnergySUZLON · Power & Utilities
0 of 110 of 10
SwiggySWIGGY · Retail & E-commerce
0 of 110 of 10
Vodafone IdeaIDEA · Telecom
2 of 110 of 10₹0.36

How this is counted. Calendar years, not fiscal years, because an ex-date is a fact about a day. Only complete years are counted: the record begins part-way through 2014, so 2015 is the first whole one, and 2026 is still in progress — it is never allowed to break a streak, because a company that pays in November has not stopped paying in March. A year with several payments is summed. “Years raised” counts the year-on-year steps where the total went up, so it can never exceed 10.

What it does not tell you. Whether the dividend was covered by earnings, whether it was funded by borrowing, or whether the business behind it grew — a company can pay an unbroken dividend for a decade while shrinking. Coverage needs reported profit, which this platform currently holds for four fiscal years only. The ordering above is by record length; it is not a ranking by quality and nothing here is a recommendation.