Hero MotoCorp shares to trade ex-dividend from tomorrow: Last day to buy for dividend eligibility
ADVERTISEMENT This dividend, amounting to a remarkable 3250%, underscores Hero MotoCorp's strong financial performance and its commitment to rewarding shareholders.
As per standard market practice, stocks trading ex-dividend no longer carry the right to the declared dividend. Therefore, anyone purchasing Hero MotoCorp shares tomorrow or beyond will not be entitled to the Rs 65 per share dividend payout. The company has consistently shown strong performance in the market, and this generous dividend payout reflects its robust financial health.
'Please note the following matters were considered and approved at the Board Meeting held today i.e. Tuesday, May 13, 2025: Recommendation of final dividend @ 3,250% i.e. Rs. 65/- per share (face value of Rs. 2/- per equity share), subject to approval of the members of the Company at the ensuing 42nd Annual General Meeting (AGM),' the company had informed in a previous filing to the stock exchanges.
Over the last 12 months, Hero MotoCorp has announced an equity dividend of Rs 140 per share. With a share price at Rs 4342.40, the dividend yield for Hero MotoCorp stands at 3.22%. The shares of Hero MotoCorp closed 1.6% lower at Rs 4,340.95 on the BSE on Tuesday.
ADVERTISEMENT In addition to Hero MotoCorp, several other stocks are set to start trading ex-dividend tomorrow, July 24. These include:
20 Microns: Final Dividend Rs 1.25 per share
BirlaNu Ltd: Final Dividend Rs 30 per share
Bliss GVS Pharma: Final Dividend Rs 0.5 per share
Cholamandalam Investment and Finance Company: Final Dividend Rs 0.7 per share
Consolidated Finvest & Holdings: Final Dividend Rs 1.13 per share
Crompton Greaves Consumer Electricals: Final Dividend Rs 3 per share
Fiem Industries: Final Dividend Rs 30 per share
Hatsun Agro Product: Interim Dividend Rs 6 per share
IVP Ltd: Final Dividend Rs 1 per share
Paushak Ltd: Final Dividend Rs 20 per share
Privi Speciality Chemicals: Final Dividend Rs 5 per share
Radico Khaitan: Final Dividend Rs 4 per share
Sanco Trans: Final Dividend Rs 2.7 per share
TCPL Packaging: Final Dividend Rs 30 per share
UTI Asset Management Company: Final Dividend Rs 26 per share (Final), Special Dividend Rs 22 per share
ADVERTISEMENT (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
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