India, March 27 -- A government-backed housing finance institution is back in the spotlight after its board approved a fourth interim dividend for the ongoing financial year, a pace of payouts that puts cumulative interim dividends at four tranches for FY26 alone.

With a market capitalization of Rs. 33,631crore, the shares of Housing and Urban Development Corporation Limited (HUDCO) were trading at Rs. 168 per share, down 4.43 percent from its previous closing price of Rs. 177.09 apiece. It is trading at a P/E of 12.75. HUDCO has an ROE of 15.7 percent and an ROCE of 9.62 percent

Dividend Update The HUDCO board approved a fourth interim dividend of Rs. 1.25 per equity share on a face value of Rs. 10. Saturday, March 28, 2026, has been f...