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A small-cap IT company is set to trade ex-dividend tomorrow, October 24, giving shareholders an opportunity to earn a significant interim payout.

The company has declared a record interim dividend of 320 per cent for the financial year 2025-26. Investors holding the stock by the ex-date will be eligible to receive the dividend.

The company counts Life Insurance Corporation of India (LIC) as one of its largest shareholders, holding 3,447,858 shares or 3.10 per cent of the total stake.

The company under discussion is Cyient Ltd. The company has delivered intelligent engineering solutions across products, plants, and networks for over 300 global customers, including 30 per cent of the top 100 global innovators.

The company announced an interim dividend of Rs 16 per equity share on a par value of Rs 5 each, representing an impressive 320 per cent payout.

The record date for the dividend is October 24, 2025, meaning shareholders holding the stock by tomorrow will be eligible to receive the payout. The dividend will be paid by November 12, 2025.

The announcement comes alongside the company’s September quarter results, which showed a decline in profitability. Consolidated net profit fell by 23 per cent year-on-year to Rs 142.9 crore, down from Rs 186.6 crore in the same quarter last year.

Total income was also slightly lower, slipping nearly 4 per cent to Rs 1,831 crore from Rs 1,900 crore.

The company’s stock has shown mixed movements over different time frames. It gained 2.27 per cent over the past week and 0.69 per cent in the last month, while longer-term performance shows a decline of 2.99 per cent over six months and nearly 30 per cent over the past year.

Over three, five, and ten years, the stock delivered robust returns of 59.64 per cent, 180.99 per cent, and 122.43 per cent, respectively.

The 52-week trading range stands between Rs 1,050.20 and Rs 2,111.50. The company’s market capitalisation is Rs 13,424.88 crore, and it is part of the BSE 500 index.

Anubhav Maurya is a Senior Sub-Editor at Zee Business, focusing on the stock market, personal finance, corporate news, and related sectors.

He has previously worked wi