NMDC Dividend 2025: Rs 2.30 Interim Dividend Announced, Check Record Date – News18
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NMDC declares its first interim dividend of Rs 2.30 per equity share for the financial year 2024-25; the company has fixed March 21 as the record date.
NMDC has declared its interim dividend for FY25.
NMDC Dividend 2025: State-owned NMDC Ltd on Monday said its board has declared its first interim dividend of Rs 2.30 per equity share for the financial year 2024-25. The company has fixed March 21 as the record date.
“The board of directors of the company in its meeting held on Monday, 17th March 2025 inter-alia declared 1st interim dividend @ Rs 2.30 per equity share of face value of Rs 1 each for the financial year 2024-25. The said interim dividend shall be paid/ dispatched within the prescribed timelines as per the provisions of the Companies Act, 2013, to those equity shareholders of the company whose names appear in the register of members/ records of depositories as beneficial owners of the equity shares as on Friday, the March 21, 2025, which is the record date fixed for the purpose,” NMDC said in a BSE filing on March 17, 2025.
Shares of NMDC were trading at Rs 64.89 apiece on the NSE as of 3:11 pm on Monday, which is 1.63 per cent higher as compared with the previous close.
On March 7, the company had announced that the board will consider declaring an interim dividend for FY25.
In accordance with regulatory requirements, NMDC has closed its trading window from March 7 to March 19, 2025. During this period, insiders, including designated persons and their immediate relatives, are prohibited from trading the company’s securities prior to the official announcement.
“In pursuance of the SEBI (Prohibition of Insider Trading) Regulations, 2015 and its amendments, and the Company’s Internal Code of Conduct for Prevention of Insider Trading, the trading window for dealing with the securities of the Company is closed for all Insiders including Designated Persons and their immediate relatives from 7th March 2025 to 19th March 2025 i.e. 48 hours after the date of the Board Meeting for considering Interim Dividend for the Financial Year 2024-25,” the company added.
NMDC Dividend History
In 2024, NMDC distributed dividends twice, specifically for bonus allocation. The PSU declared an interim dividend of Rs 5.75 per share in February, followed by a final dividend of Rs 1.50 per share in September.
In the previous year, 2023, NMDC also paid dividends on two occasions — Rs 3.75 per share in February and Rs 2.85 per share in September.
Looking further back, in 2022, NMDC issued a Rs 5.73 per share dividend in February before demerging NMDC Steel in October.
NMDC Limited, a Maharatna PSU under the Ministry of Steel, is engaged in the exploration of iron ore, rock, gypsum, magnesite, diamond, tin, tungsten, graphite, coal, and other minerals.
