Lanka Ashok Leyland Signals Strong Growth with 300% Dividend 📈

Sri Lanka's leading commercial vehicle provider, Lanka Ashok Leyland PLC, announced major financial developments for the 2025/26 financial year (provisional data): • Dividend Declaration: The company announced a substantial First and Final cash dividend of 300% (equivalent to LKR 30.00 per voting share) for the financial year 2025/26, reflecting robust cash generation and performance. • Key Timeline Details: The dividend announcement was formally disclosed to the Colombo Stock Exchange on May 25, 2026. The explicit ex-dividend (XD) and record dates are scheduled for August 17, 2026, with the official payout slated for September 7, 2026, following shareholder approval at the AGM on August 14, 2026. • Market Position: The massive payout highlights a rapid turnaround and continuous operational strength in the industrial machinery and commercial vehicle sector, reinforcing investor confidence in the local automotive market.