The country’s leading two-wheeler company Hero MotoCorp on Thursday released its financial results for the third quarter of the current financial year. Along with the financial results, Hero also announced a big dividend for shareholders. In an exchange filing, the auto company said that in its board meeting held on February 5, the company had declared a dividend of ₹110 per share of ₹2 face value. The company also shared the record date and payment date for this ₹110 dividend.
Today is the last day to take dividend
In a notice sent to the stock exchanges and its shareholders, Hero MotoCorp had said that the company’s board of directors has fixed Wednesday, February 11, as the record date for ₹110 dividend for the financial year 2025-26. The company’s shares will trade ex-dividend on February 11, and new shares purchased on February 11 will not be eligible for the dividend. This means investors who want to take advantage of the dividend have until Tuesday, February 10 to buy shares.
Dividend funds will be credited to their accounts by March 7
According to Hero MotoCorp’s exchange filing, the dividend will be paid to eligible investors on or before March 7. It should be noted that dividend payment is made directly into the shareholder’s bank account. At the time of writing on Tuesday, Hero MotoCorp shares were trading at Rs 5770.50, up Rs 14.00 (0.24%) on the NSE. The company’s 52-week high is Rs 6388.50 and 52-week low is Rs 3344.00. The current market cap of Page Industries is Rs 1,15,437.09 crore.
