Reliance Industries Limited (RIL), one of India’s most influential conglomerates, has a remarkable dividend-paying history. Alongside steady dividend growth, the company has rewarded investors with bonus shares and maintained a consistent payout policy despite investing heavily in new-age sectors like telecom and green energy.
Table of Contents
- Why Reliance Dividend History Matters
- What Is a Dividend & Why Reliance Pays It
- Dividend Declared by Reliance Industries (2014 - 2025)
- Bonus Share History of Reliance
- Dividend Yeld: Is Reliance a Good Dividend Stock?
- Should You Consider Reliance for Dividend Investing?
- FAQs
Reliance Industries isn’t just an oil-to-telecom conglomerate it’s also known for consistently rewarding its long-term shareholders. Over the years, the company has built a reliable reputation through regular dividend payments and periodic bonus issues. These consistent rewards reflect Reliance’s commitment to sharing profits while building investor trust. For income-seeking investors, this dependable track record makes Reliance a standout choice in India’s stock market.
Key Highlights:
- Consistent dividend payouts over the past decade
- Occasional bonus shares enhance investor wealth
- Dividend growth reflects the company's financial strength
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Wrap-up: Reliance’s dividend track record makes it a preferred stock for income-seeking investors in India’s equity market.
A dividend is a portion of a company’s profits distributed to its shareholders as a reward. For investors, it acts as a steady source of income while retaining ownership of their shares. Companies like Reliance Industries use dividends not only to share wealth but also to reflect their financial strength and consistent profitability. It reinforces investor trust and positions the company as a stable, income-generating investment.
Why Reliance Pays Dividends:
- To reward loyal shareholders
- To maintain investor confidence
- To signal consistent profitability
Dividend Yield Formula:
Dividend Yield = (Dividend per Share ÷ Share Price) × 100
Wrap-up: Reliance balances rewarding shareholders with retaining earnings for expansion in telecom, retail, and clean energy.
Reliance Industries has maintained a consistent dividend-paying history over the past decade. Its dividend payouts have steadily grown, closely tracking the company’s expanding profits and rising earnings per share. This reliable pattern highlights Reliance’s ability to generate healthy cash flows while rewarding its shareholders. The company’s dividend history underscores its financial discipline and shareholder-friendly policy.
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Announcement Date
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Dividend (Rs)
|
|
22 Apr, 2024
|
10
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21 Jul, 2023
|
9
|
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06 May, 2022
|
8
|
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30 Apr, 2021
|
7
|
|
30 Apr, 2020
|
6.5
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18 Apr, 2019
|
6.5
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27 Apr, 2018
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6
|
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25 Apr, 2017
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11
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08 Mar, 2016*
|
10.5
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17 Apr, 2015
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10
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21 Apr, 2014
|
9.5
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*Interim Dividend
Summary Highlights:
- Net Profit Growth: ₹22,548 Cr (2014) → ₹80,787.00 Cr (2025), nearly 3.6x growth
- EPS Rise: ₹20.0 to ₹51.47 in 12 years
- Payout Ratio: Consistently maintained between 9%-12%
Wrap-up: Reliance’s steady dividend growth underscores its ability to balance profitability with investor rewards.
Refer to our detailed Reliance Industries Q4 Results overview for a comprehensive analysis and financial performance in FY25, including revenue streams and profit margins.
Reliance Industries has a strong track record of rewarding its shareholders not just through dividends but also via bonus share issues. These bonus issues increase an investor’s shareholding without requiring any additional investment, effectively enhancing wealth. The company has periodically announced 1:1 bonus shares over the years, demonstrating its commitment to shareholder value creation. Importantly, these bonuses have been issued without reducing the company’s financial reserves.
Bonus Issues:
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Ex-Bonus Date
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Bonus Ratio
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|
28 Oct, 2024
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1:1
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07 Sep, 2017
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1:1
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26 Nov, 2009
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1:1
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Impact:
- Share count doubled after each bonus
- Dividend per share adjusted accordingly
Wrap-up: These bonus issues enhanced stock liquidity and long-term investor wealth.
Explore our in-depth discussion on Reliance Industries bonus shares, including the recent 1:1 bonus share announcement and its implications for shareholders.
Despite Reliance Industries’ aggressive capital allocation towards sectors like telecom, retail, and green energy, it has maintained a steady dividend yield trend. Over the years, the company’s dividend yield has reflected dependable, if moderate, returns for shareholders. While not the highest in the market, Reliance’s dividend yield progression showcases its financial resilience. This makes it an appealing choice for long-term, income-seeking investors.
Dividend Yield Progression:
- 2014: 0.9%
- 2018: 0.61%
- 2020: 0.37%
- 2023: 0.35%
- 2025 (Est.): 0.34%-0.38%
Compared To Peers:
- Moderate but highly dependable yield
- Steadier compared to volatile IT peers like Infosys and TCS
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Wrap-up: Reliance may not be a high-yield stock, but it offers steady and reliable returns for long-term investors.
Watch our expert analysis on Reliance Industries' dividend history and its impact on investor returns.
Reliance Industries has consistently demonstrated its commitment to rewarding shareholders over the years. Despite heavy investments in new-age sectors, the company has balanced dividend payouts with long-term capital appreciation. Its steady dividend growth, occasional bonus shares, and rising profits reflect a shareholder-friendly approach. For investors seeking stability and wealth creation, Reliance remains a reliable option.
- Consistent dividend growth ( Rs 5 → Rs 10)
- Occasional bonus shares (1:1 in 2009 & 2017)
- Steady profit and EPS expansion
Despite heavy capital allocations to future-ready sectors, RIL has preserved a balanced payout strategy, making it a dependable dividend stock in India’s equity markets.
Wrap-up: For long-term investors seeking dividend stability and capital appreciation, Reliance Industries remains a trusted choice.
Visit our dedicated company page for more detailed information on Reliance Industries share price, including its business segments and market position.
Q1. How often does Reliance Industries pay dividends?
Reliance typically declares a final dividend once every financial year, with occasional interim dividends depending on performance.
Q2. What is the highest dividend Reliance Industries has paid?
The highest dividend Reliance announced was ₹11 per share in FY 2017 post-bonus and ₹10 in FY 2024.
Q3. How many times has Reliance Industries issued bonus shares?
Reliance has announced bonus shares thrice - in 2009, 2017, and 2024, each at a 1:1 ratio.
Q4. What is Reliance Industries’ current dividend yield (2025 estimate)?
For 2025, Reliance’s estimated dividend yield ranges between 0.34% to 0.38%.
Q5. Is Reliance Industries a good stock for dividend income?
While its yield is moderate, Reliance offers dependable, consistent dividends and bonus rewards - making it a strong choice for long-term investors seeking stability.
Q6. How does Reliance’s dividend yield compare to TCS and Infosys?
Reliance’s dividend yield is more stable though lower compared to IT majors like TCS and Infosys, which often have volatile payouts linked to sector trends.
Q7. What impact do bonus shares have on Reliance’s stock price?
Bonus issues increase the number of outstanding shares and reduce the stock’s face value proportionally, making the shares more liquid and attractive.