DCM Shriram Divided details
On January 18, 2025, DCM Shriram announced a second interim dividend of ₹3.60 per share (180% on a face value of ₹2 per share) during its Q3 FY25 results.
The company in an exchange filing said that,” The Board of Directors at its aforesaid meeting has also, inter alia, approved the declaration of the 2nd Interim Dividend for the Financial Year 2024-25 on the paid-up equity share capital of the Company at 180% (Rs. 3.60/- per equity share of face value of Rs. 2/- each). As already intimated in our intimation dated January 10, 2025, the record date fixed for the purpose of the said 2nd interim dividend shall be January 24, 2025. Further, the said interim dividend shall be paid/dispatched to all eligible shareholders on or before February 16, 2025. “
DCM Shriram Share Price Performance
DCM Shriram shares traded in the negative zone today, shedding 1.41% as the stock turned ex-date. Over the last five days, the shares gained 7.47%, while the month-to-date rise stood at 5.23%. In the past six months, the stock appreciated by 12.41%, and over the last year, it delivered a staggering return of 192.83%.
The company’s stock, listed on the BSE in 1999 at Rs. 2.85, has experienced a phenomenal rise of 40,315.79% in value. With a market capitalization of Rs. 17,870 crore, DCM Shriram shares recently touched a 52-week high of Rs. 1,371.10 and a 52-week low of Rs. 832.40.
DCM Shriram Dividend History
As per data from Trendlyne, DCM Shriram Ltd. has declared dividends a total of 53 times since November 15, 2000. Over the past 12 months, the company has distributed an equity dividend amounting to Rs. 12.20 per share. Based on the current share price of Rs. 1,152.65, the dividend yield stands at 1.06%, offering consistent returns to shareholders. Regular dividends indicate strong profitability, sustainable growth, and sound financial management.
About DCM Shriram
DCM Shriram is a diversified business conglomerate with a turnover of Rs. 11,431 crore, operating across multiple sectors. Its Chloro-Vinyl division produces Poly-Vinyl Chloride (PVC), Chlor-Alkali products, and Calcium Carbide. In the Agri-Rural business, it manufactures urea, sugar, and ethanol, and provides farm solutions, including hybrid seeds through R&D initiatives.
Additionally, its Fenesta Building Systems division offers UPVC and aluminum doors and windows. The company is a significant player in energy-efficient solutions, contributing to its reputation as a leader in India’s industrial and agricultural sectors.
fbq('track', 'PageView');
Original news source Credit: www.goodreturns.in
You must be logged in to post a comment Login