Walton FY26 dividend: 180% cash plus 10% stock approved 2026

Key Points

• Walton Hi-Tech Industries PLC has proposed a total of 190% dividend for FY26 consisting of 180% cash dividends (Tk18 per Tk10 share) and 10% stock (or bonus) dividends.
• The recommendation has been approved by the board on 29 August 2026 after approving audited financials for the year ending 30 June 2026.
• Profit after tax has increased by 8.5% YoY to Tk1,124.57 crore owing to reduced finance cost and sales growth.
• Earnings per share (EPS) have gone up to Tk33.75 from Tk31.11 in FY25, according to a price-sensitive announcement made by the company.
• Net operating cash flow per share (NOCFPS) has surged to Tk63.72 from Tk52.91 owing to improved customer collections and reduced supplier payments.
• 10% stock dividend will be paid out of retained earnings to facilitate the Green Energy BMRE capacity expansion for uninterrupted power supply.
• Record date for payment of dividend is 20 September 2026 while AGM will be held virtually on 15 October 2026 at 12pm.
• After making the announcement, the price of Walton shares has appreciated with reports indicating appreciation of 1.5% to 6.10%.

Walton (Liverpool standard ) August 31, 2026 – Walton Hi-Tech Industries PLC has recommended a 180% cash dividend, equivalent to Tk18 per share, along with a 10% stock dividend for the financial year ended 30 June 2026, as its earnings rose year-on-year. The decisions were taken at the company’s board meeting held on 29 August, following the approval of its audited financial statements, according to a price-sensitive disclosure reported by The Business Standard.

As reported by the TBS Report of The Business Standard, Walton attributed the growth in earnings primarily to a significant drop in finance costs, which decreased by Tk267.26 crore to represent 2.45% of sales, compared to Tk448.40 crore (6.33% of sales) in FY2024-25. The electronics giant also reported a strong boost in cash flow, with net operating cash flow per share (NOCFPS) surging to Tk63.72 for FY26 from Tk52.91 in FY25. This improvement was driven by a Tk694.36 crore (8.84%) increase in customer collections alongside a 2.31% reduction in supplier payments during the year.

Walton disclosed that the 10% stock dividend will be utilised to finance the ongoing capacity expansion of its Green Energy project under Balancing, Modernisation, Rehabilitation and Expansion (BMRE) to ensure uninterrupted power supply for the company. The record date for determining shareholder dividend eligibility has been set for 20 September 2026, and the company’s annual general meeting (AGM) will be held virtually on 15 October 2026 at 12pm.

How much dividend is Walton paying for FY26?

Walton’s board has proposed a total dividend of 190% for FY26, comprising 180% cash and 10% stock (bonus) shares. For ordinary shares with a face value of Tk10, this translates to Tk18 in cash per share plus one bonus share for every 10 ordinary shares held. As reported by correspondents of The Financial Express and The Business Standard, the stock dividend component is intended to support the company’s Green Energy capacity expansion under its BMRE programme.

The company clarified that the dividend would be paid solely from retained earnings, excluding capital or revaluation reserves, unrealised gains, pre-incorporation profits, or any reduction in paid-up capital, according to reporting by New Age. This follows last year’s payout of 175% cash and 10% stock dividend for FY25, marking a 5-percentage-point increase in the cash component year-on-year.

What do Walton’s FY26 financials show?

Walton Hi-Tech Industries posted an 8.5% year-on-year rise in profit to Tk1,124.57 crore in FY26, up from Tk1,036.62 crore in the previous financial year, as reported by The Business Standard and The Daily Star. Sales grew 4.5% to Tk7,404 crore during the year, contributing to the higher profitability alongside sharply lower finance costs.

According to the price-sensitive disclosure cited by The Business Standard, earnings per share (EPS) rose to Tk33.75 for FY2025-26, up from Tk31.11 recorded in the previous financial year. The company’s net asset value (NAV) per share with revaluation stood at Tk381.26 as of 30 June 2026, compared to Tk363.40 a year earlier; without revaluation, the NAV per share was Tk280.24. Dhaka Post reported that total net assets with revaluation reached about Tk12,704 crore in FY26, up from approximately Tk12,109 crore in FY25.

Net operating cash flow per share (NOCFPS) rose to Tk63.72 from Tk52.91, reflecting improved working capital management and collections, as detailed in disclosures covered by The Business Standard and The Daily Star.

Why did Walton’s profit increase in FY26?

Walton said the increase in EPS was mainly driven by a sharp reduction in bank interest expenses, or finance costs, which fell by Tk267.26 crore, or around 60%, during the year. Finance costs dropped to 2.45% of sales in FY26 from 6.33% in FY25, a shift highlighted in the company’s price-sensitive information and reported across multiple outlets.

The improvement in operating cash flow was mainly supported by higher collections from customers and lower payments to suppliers, according to statements cited by The Daily Star. Customer collections increased by Tk694.36 crore, or 8.84%, in FY26, while payments to suppliers fell by 2.31%. Md Rafiqul Islam, company secretary of Walton, told The Daily Star that the company’s loan burden also declined as its cash flow improved and it repaid high-cost debts, which helped reduce finance costs.

What are the record date and AGM details for Walton’s dividend?

The record date for determining shareholder dividend eligibility has been set for 20 September 2026, as stated in the company’s disclosure and reported by The Business Standard, The Daily Star, and New Age. Shareholders whose names appear in the CDBL depository register on the record date will be eligible for the dividend and to participate in the AGM.

The company’s annual general meeting will be held virtually on 15 October 2026 at 12pm through a digital platform, according to disclosures covered by The Business Standard and The Daily Star. At the AGM, shareholders will consider the proposed dividend along with other agenda items.

How did the market react to Walton’s dividend announcement?

Following the dividend announcement, the company’s share price rose, with reports citing gains of 1.5% to 6.10% across trading sessions. The Daily Star noted that Walton’s share price rose 1.5% to Tk399 on the day of the announcement. New Age reported that the share price rose 6.10% to Tk399.10 on Sunday, up from Tk393.20 on Thursday, despite a weaker overall market.

Background of the development

Walton Hi-Tech Industries PLC is one of Bangladesh’s largest listed manufacturers of electrical, electronic and technology products, and a regular dividend payer in the engineering sector of the Dhaka Stock Exchange. For FY25, the company declared a 175% cash dividend and a 10% stock dividend, establishing a baseline for the current year’s higher cash payout. The FY26 decision to allocate the stock dividend to the Green Energy BMRE project reflects a continued focus on expanding in-house power capacity to support manufacturing operations and reduce reliance on external supply, as explained in company disclosures reported by The Business Standard and The Daily Star.

Prediction: How this development can affect investors and the market

For existing shareholders, the 190% total dividend—combining high cash yield and bonus shares—can enhance total return expectations and support income-focused portfolios, particularly if the company sustains lower finance costs and steady collections. The allocation of the stock dividend to fund Green Energy capacity expansion may improve long-term operational stability and cost efficiency, which could be viewed positively by long-term investors assessing Walton’s capital allocation strategy. For the broader market, the announcement may reinforce investor attention on large-cap engineering stocks with strong cash flows, potentially influencing trading volumes and sector sentiment around dividend season, especially as the record date and AGM approach.