Shares of Glenmark Pharma will trade ex-dividend next week, according to BSE. However, several major companies have declared a range of corporate actions, such as bonus issues, stock splits, share buybacks, and more.
What is an ex-dividend stock?
The date on which the equity share price adjusts to reflect the upcoming dividend payment is referred to as the ex-dividend date. When a stock goes ex-dividend, it indicates that the stock no longer reflects the value of its forthcoming dividend payment starting from that date.
Dividends are distributed to all shareholders whose names are listed by the end of the record date.
Stocks that will declare dividends in the upcoming week
Glenmark Pharmaceuticals is the only stock in the whole week that will trade ex-dividend. The company’s stock will trade ex-dividend on October 03. The pharma giant will be paying out an interim dividend of Rs 2.5 per equity share. The record date for the stock is also the same. Glenmark Pharma will be paying the dividend on October 26, 2025.
Before this, the company had announced a final dividend of Rs 2.5 on September 15, 2025. The company will be paying both the interim and final dividends on October 26.
Glenmark Pharma Q1 FY26 results
Glenmark Pharmaceuticals posted a sharp 86% year-on-year drop in consolidated net profit to Rs 46.87 crore for the first quarter of FY26, from Rs 340.27 crore in the same period last year.
Its revenue from operations fell 5.1% YoY to Rs 3,059.33 crore in Q1FY26 from Rs 3,223.30 crore in Q1 FY25. The pharma firm’s earnings before interest, taxes, depreciation, and amortisation (EBITDA) stood at Rs 580.5 crore, compared to Rs 560.7 crore in Q1 FY25, translating into an EBITDA margin of 17.8%.
Glenmark Pharma stock performance
The share price of Glenmark Pharma has declined 5.8% in the last five trading sessions. The stock has risen 1.8% in the past one month and 28% in the last six months. Glenmark Pharma’s share price has given a return of 17% in the previous one year.