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Reliance Industries dividend history LIST

Reliance Industries dividend history

Reliance Industries Dividend History Year Wise Since Inception (1989–2025) | Complete List
📊 Stock Research | Dividend Analysis

Reliance Industries Dividend History Year Wise Since Inception (1989–2025)

Complete RIL dividend list — per share amount, rate %, dividend type & key insights for every financial year

🗓️ Updated: April 2025 📌 NSE: RELIANCE | BSE: 500325 🏢 CIN: L17110MH1973PLC019786

Reliance Industries – Company Overview

Reliance Industries Limited (RIL) is India’s largest private sector company by market capitalisation, revenue, and profit. Founded by Dhirubhai Ambani in 1973 and now led by Mukesh Ambani, RIL is a conglomerate with major businesses in petrochemicals, refining, oil & gas, retail, and digital services (Jio).

RIL is listed on both the National Stock Exchange (NSE) under the ticker RELIANCE and the Bombay Stock Exchange (BSE) under the code 500325. The company’s face value per share is ₹10.

One of the most consistent dividend-paying companies in India, Reliance Industries has distributed dividends to its shareholders every single financial year since 1989-90 — an unbroken streak of over 35 years. This article presents the complete year-wise dividend history sourced directly from RIL’s official filings.

💡 Investor Note: RIL’s Board of Directors met on April 24, 2026, to consider FY 2025-26 audited results and recommend a dividend. Shareholders should watch for the official announcement.

Key Dividend Stats at a Glance

₹5.50
Dividend/Share FY 2024-25
35+
Consecutive Years of Dividends
~0.35%
Current Dividend Yield
₹3.00
First Dividend (1989-90)
~83%
Total Growth (1st to Latest)
Annual
Dividend Frequency

Reliance Dividend History: 2020–2025

The 2020s mark a new growth phase for RIL with rising dividends post-Jio’s massive success and the company’s pivot to consumer businesses. Notably, RIL also had partly paid-up shares in FY 2019-20 and FY 2020-21 which received pro-rata dividends.

Financial Year Dividend Type Dividend Per Share (₹) Rate (%) Ex-Dividend Date
2024-25 Final ₹5.50 55% 14 Aug 2025
2023-24 Final ₹5.00 50% 19 Aug 2024
2022-23 Final ₹4.50 45% 21 Aug 2023
2021-22 Final ₹8.00 80% 18 Aug 2022
2020-21 Final (Fully Paid-up) ₹7.00 70% 11 Jun 2021
2020-21 Final (Partly Paid-up)* ₹3.50 70% (pro-rata) 11 Jun 2021

*Pro-rata dividend for partly paid-up shares

📌 Note: The jump to ₹8.00 in FY 2021-22 is one of the highest in RIL’s history post-rights issue, as partly paid-up shares became fully paid-up.

Reliance Dividend History: 2010–2020

The 2010s were a decade of steady, moderate growth for RIL’s dividend. Despite challenges in the telecom venture’s early years, RIL maintained a consistent dividend policy, reflecting the company’s strong cash flow from its refining and petrochemical operations.

Financial Year Dividend Type Dividend Per Share (₹) Rate (%)
2019-20 Final (Fully Paid-up) ₹6.50 65%
2019-20 Final (Partly Paid-up)* ₹1.625 65% (pro-rata)
2018-19 Final ₹6.50 65%
2017-18 Final ₹6.00 60%
2016-17 Final ₹11.00 110%
2015-16 Interim ₹10.50 105%
2014-15 Final ₹10.00 100%
2013-14 Final ₹9.50 95%
2012-13 Final ₹9.00 90%
2011-12 Final ₹8.50 85%
2010-11 Final ₹8.00 80%

*Pro-rata for partly paid-up rights issue shares

📈 Trend: From FY 2012-13 to FY 2015-16, RIL raised its dividend by ₹0.50 per year with clockwork consistency. The spike to ₹11.00 in FY 2016-17 coincided with Jio’s commercial launch, signalling management’s confidence in future earnings.

Reliance Dividend History: 2000–2010

The 2000s saw Reliance Industries emerge as a global refining powerhouse with the commissioning of its Jamnagar refinery. The decade began with moderate dividends and ended with the highest payout rates in the company’s history at that time, driven by bumper profits from its world-class refinery operations.

Financial Year Dividend Type Dividend Per Share (₹) Rate (%)
2009-10 Final ₹7.00 70%
2008-09 Interim ₹13.00 130%
2007-08 Final ₹13.00 130%
2006-07 Interim ₹11.00 110%
2005-06 Final ₹10.00 100%
2004-05 Final ₹7.50 75%
2003-04 Final ₹5.25 53%
2002-03 Final ₹5.00 50%
2001-02 Final ₹4.75 48%
2000-01 Final ₹4.25 43%
🏆 Highest Decade Peak: FY 2007-08 and FY 2008-09 both recorded ₹13 per share dividends (130% rate) — the all-time peak in RIL’s history at the time, powered by record refining margins at Jamnagar.

Reliance Dividend History: 1989–2000

The early years of Reliance Industries’ dividend history reflect the company’s rapid growth from a textile and petrochemical manufacturer to a diversified conglomerate under Dhirubhai Ambani’s visionary leadership. Dividends were modest but consistent, laying the foundation for a long-term investor-friendly culture.

Financial Year Dividend Type Dividend Per Share (₹) Rate (%)
1999-2000 Interim ₹4.00 40%
1998-99 Interim ₹3.75 38%
1997-98 Final ₹3.50 35%
1996-97 Final ₹6.50 65%
1995-96 Final ₹6.00 60%
1994-95 Final ₹5.50 55%
1993-94 Final ₹5.10 51%
1992-93 Final ₹3.50 35%
1991-92 Final ₹3.00 30%
1990-91 Final ₹3.00 30%
1989-90 Final ₹3.00 30%
📌 Historical Note: The higher dividends in FY 1993-94 to FY 1996-97 (₹5.10 to ₹6.50) reflect the era when Dhirubhai Ambani was aggressively expanding RIL into refining and petrochemicals, backed by strong earnings growth.

Complete Year-Wise Dividend Table (1989–2025)

The table below is the definitive, consolidated reference for Reliance Industries’ entire dividend history, sourced from RIL’s official records and NSE/BSE filings.

# Financial Year Type Dividend/Share (₹) Rate (%)
12024-25Final₹5.5055%
22023-24Final₹5.0050%
32022-23Final₹4.5045%
42021-22Final₹8.0080%
52020-21Final (FPU)₹7.0070%
62019-20Final (FPU)₹6.5065%
72018-19Final₹6.5065%
82017-18Final₹6.0060%
92016-17Final₹11.00110%
102015-16Interim₹10.50105%
112014-15Final₹10.00100%
122013-14Final₹9.5095%
132012-13Final₹9.0090%
142011-12Final₹8.5085%
152010-11Final₹8.0080%
162009-10Final₹7.0070%
172008-09Interim₹13.00130%
182007-08Final₹13.00130%
192006-07Interim₹11.00110%
202005-06Final₹10.00100%
212004-05Final₹7.5075%
222003-04Final₹5.2553%
232002-03Final₹5.0050%
242001-02Final₹4.7548%
252000-01Final₹4.2543%
261999-2000Interim₹4.0040%
271998-99Interim₹3.7538%
281997-98Final₹3.5035%
291996-97Final₹6.5065%
301995-96Final₹6.0060%
311994-95Final₹5.5055%
321993-94Final₹5.1051%
331992-93Final₹3.5035%
341991-92Final₹3.0030%
351990-91Final₹3.0030%
361989-90Final₹3.0030%

Source: Reliance Industries Limited Official Filings (ril.com), NSE & BSE. FPU = Fully Paid-up. Pro-rata dividends for partly paid-up shares excluded from this summary table.

Dividend Trend Analysis & Key Insights

📈 Phase 1 – Foundation Era (1989-90 to 1992-93)

Reliance Industries started its dividend journey with a modest ₹3.00 per share (30% rate) in FY 1989-90 and maintained this level for three years. This phase reflects the company’s reinvestment-first approach as it aggressively expanded its petrochemical capacities under Dhirubhai Ambani.

🚀 Phase 2 – Growth & Liberalisation Era (1993-94 to 1999-2000)

Post-liberalisation, RIL’s earnings surged as India opened its economy. Dividends rose steadily from ₹3.50 to ₹6.50 per share. The notable dip in FY 1997-98 to ₹3.50 was followed by a swift recovery, highlighting management’s prudent capital management during the Asian financial crisis.

⚡ Phase 3 – Refining Supercycle (2004-05 to 2008-09)

The commissioning of the Jamnagar refinery — the world’s largest single-location refinery — unleashed a massive earnings windfall. Dividends shot from ₹7.50 in FY 2004-05 to an all-time (then) peak of ₹13.00 per share in FY 2007-08 and FY 2008-09, representing a rate of 130% of face value.

📊 Phase 4 – Consolidation (2009-10 to 2015-16)

Post the refining supercycle, dividends moderated to ₹7.00 in FY 2009-10 and then climbed steadily at ₹0.50 per year from ₹8.00 (FY 2010-11) to ₹10.50 (FY 2015-16). This period coincided with Jio’s development and massive capital expenditure, limiting the pace of dividend growth.

📡 Phase 5 – Jio Era & Rights Issue (2016-17 to 2021-22)

The commercial launch of Jio in 2016 transformed RIL into a consumer-facing conglomerate. FY 2016-17 recorded ₹11.00 (110% rate). After the 2020 rights issue, partly paid-up shares received pro-rata dividends. FY 2021-22 saw a strong ₹8.00 per share as all rights shares became fully paid-up.

🌱 Phase 6 – New Growth Cycle (2022-23 to Present)

From FY 2022-23 (₹4.50) through FY 2024-25 (₹5.50), RIL has increased dividends by ₹0.50 per year, reflecting renewed confidence. The 5-year dividend growth rate stands at approximately 11.1%, and the company is expected to continue its consistent track record.

💰 Total Dividend Wealth Created: An investor who held 1,000 shares of Reliance Industries since FY 1989-90 would have received total dividends of well over ₹2,00,000 (pre-split adjustments), in addition to massive capital appreciation. This underlines the long-term wealth creation potential of RIL.

How to Check Reliance Industries Dividend Payment Status

Shareholders can verify dividend receipt and history through multiple official channels:

1. NSDL / CDSL Portal

Log in to your depository participant (DP) account on NSDL’s IDeAS portal or CDSL’s myEASI portal. Navigate to ‘Dividend’ or ‘Corporate Actions’ to view credited amounts.

2. RIL Investor Relations Website

Visit ril.com → Investor Relations → Dividend History for the official company records and downloadable PDFs.

3. NSE / BSE Corporate Action Portal

The NSE (nseindia.com) and BSE (bseindia.com) publish ex-dividend dates, record dates, and announced dividend amounts under Corporate Actions for the stock ticker RELIANCE.

4. RIL Registrar – KFin Technologies

For any dividend-related queries, unclaimed dividends, or change of bank mandate, contact KFin Technologies Limited, which is the Registrar and Share Transfer Agent for RIL.

⚠️ Unclaimed Dividends: Under Section 124 of the Companies Act 2013, unclaimed dividends are transferred to the Investor Education and Protection Fund (IEPF) after 7 years. Shareholders should ensure their bank mandates are updated to avoid missing out on dividends.

FAQs on Reliance Industries Dividend

❓ What is the Reliance Industries dividend for 2024-25?
Reliance Industries declared a final dividend of ₹5.50 per share for FY 2024-25. The ex-dividend date was August 14, 2025, and the payment date was September 28, 2025.
❓ When did Reliance Industries first pay a dividend?
RIL first paid a dividend in Financial Year 1989-90, distributing ₹3.00 per share at a rate of 30% on its ₹10 face value share.
❓ Has Reliance Industries ever skipped a dividend?
No. Reliance Industries has paid dividends every single financial year without interruption since 1989-90 — a streak of over 35 consecutive years. This is a remarkable demonstration of financial discipline and shareholder commitment.
❓ What is the highest dividend ever paid by Reliance Industries?
The highest single dividend per share was ₹13.00 (130% rate), paid in both FY 2007-08 and FY 2008-09, driven by record refining margins at Jamnagar.
❓ How often does Reliance Industries pay dividends?
Reliance Industries typically pays dividends once per year (annually), usually declaring either a final or interim dividend after its full-year results. Historically, RIL has predominantly declared final dividends.
❓ What is the current dividend yield of Reliance Industries?
As of 2025, Reliance Industries’ dividend yield is approximately 0.35% to 0.41% based on its current share price. This is relatively low, as RIL prioritises capital reinvestment for growth over dividend payouts.
❓ What is the dividend payout ratio of RIL?
Reliance Industries maintains a low payout ratio of approximately 9–10% of net profits. This is deliberate — RIL reinvests heavily into capex (Jio, Retail, Green Energy), while rewarding shareholders through steady, growing dividends.
❓ Is Reliance Industries a good dividend stock?
RIL is better classified as a growth stock with consistent dividend income rather than a high-yield dividend stock. Its low yield (~0.35%) means it’s not ideal for income-seeking investors, but its 35+ year track record of uninterrupted dividends and strong capital appreciation make it a solid long-term wealth creator.
📢 Disclaimer: This article is for informational and educational purposes only. Dividend data is sourced from Reliance Industries Limited’s official filings and public stock exchange records. Past dividend history does not guarantee future dividends. This is not financial advice. Please consult a SEBI-registered financial advisor before making investment decisions.
Reliance Industries Dividend History – Complete Year-Wise Data
NSE: RELIANCE | BSE: 500325 | CIN: L17110MH1973PLC019786

Data sourced from RIL Official Filings, NSE & BSE Corporate Actions. Last updated: April 2025.

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