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Hero MotoCorp Interim Dividend Record Date: Hero MotoCorp Limited has declared an interim dividend of 5000% for shareholders for the financial year 2024-25
Hero MotoCorp declares dividend for FY2024-25.
Hero MotoCorp Interim Dividend Record Date: Hero MotoCorp Limited, the leading 2-wheeler manufacturer, has announced an interim dividend of Rs 100 per equity (5000 per cent) for the financial year 2024-25. The company declared the cash reward for the shareholders in the third quarterly earnings of FY2024-25.
The ex-date for the interim dividend is falling this week. Ex-date is the day on or after which the dividend loses its value for payment to shareholders. Investors only get dividends if they purchase the stock before the ex-dividend date.
Hero MotoCorp Interim Dividend 2025 record date
Hero MotoCorp Limited has fixed February 12, 2025, as the record date for determining members’ entitlement for payment of interim dividends. The payment of the dividend will be completed by March 08, 2025.
Hero MotoCorp Q3 results FY2024-25
The company’s Revenue from Operations for the quarter stood at Rs. 10,211 Crore, this is the third consecutive quarter when the Company has reported revenue above Rs.10,000 Crore. Furthermore, the EBITDA margin expanded over the previous year and stood at 14.5%. Profit After Tax (PAT) stood at Rs.1,203 Crore, a growth of 12% over the previous year.
The consolidated Revenue and PAT for the quarter were Rs.10,260 Crore and Rs.1,108 Crore, respectively. Earnings before Interest, Tax, Depreciation & Amortization (EBITDA) for Q3 FY’25 stands at Rs. 1,476 Crore, a growth of 8%.
14.64 lakh units of motorcycles and scooters sold in Q3 FY’25 (vs 14.60 lakh units Q3FY’24).
Hero MotoCorp dividend history
Hero MotoCorp Limited previously announced a special dividend of Rs 25, an interim dividend of Rs 75, and a final dividend of Rs 40 for the financial year 2023-24.
Hero MotoCorp share price
Hero MotoCorp Limited shares settled at Rs 4278.10 per share as of February 07, 2025. The stock’s 52-week movement indicates a high of Rs 6,245 and a low of Rs 3,999.
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