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%
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
Central Depository ServicesCDSL · Banking & Finance
8 of 1188 of 10₹12.5
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%

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.