CatalystIndia
Dividend stock 2026: This media stock gives 14% dividend yield in YTD | Beats bank FD, PPF interest rate
Media stock's 14% YTD dividend yield beats bank FD and PPF interest rates.
Context
What happened: Jagran Prakashan shares traded ex-dividend once in 2026, on 5 June 2026, after the media company announced a ₹10 per share dividend, made up of a ₹7 interim dividend and a ₹3 final dividend.
Key numbers: Dividend yield in 2026 around 14%. Share price fell from ₹71.58 to ₹61.65 on the NSE, a negative return of around 14%.
Why it matters: The 14% dividend yield exceeds the PPF interest rate of 7.10% and bank FD returns of around 5.50%, giving long-term shareholders a payout even as the stock price declined amid weakness in the Nifty, Sensex, and Bank Nifty.
What changed
Jagran Prakashan shares traded ex-dividend once in 2026, on 5 June 2026, after the media company announced a ₹10 per share dividend, made up of a ₹7 interim dividend and a ₹3 final dividend.
Why it matters
The 14% dividend yield exceeds the PPF interest rate of 7.10% and bank FD returns of around 5.50%, giving long-term shareholders a payout even as the stock price declined amid weakness in the Nifty, Sensex, and Bank Nifty.