3M India Q4 earnings: Rs 685 total dividend recommended; check out record date, other key details here

3M India Q4 earnings: Bengaluru-based 3M India's board on Tuesday recommended a final dividend of Rs 160 per equity share, according to a stock market disclosure.

According to a BSE filing on Tuesday, May 28, the company has also announced a special dividend of Rs 525 per equity share of Rs 10 each.

Both dividends are subject to the approval of the company's shareholders.

"The said dividends, if declared, by the shareholders at the ensuing annual general meeting will be paid/dispatched within 30 days after the Annual General Meeting. The Board of  Directors have fixed July 5, 2024 (Friday) as the Record Date for determining the entitlement of the shareholders for the payment of the Dividends subject to the approval of shareholders at the ensuing Annual General Meeting," informed the company.

3M India has also announced its financial results for the fourth quarter ended on March 31, 2024, along with a dividend announcement.

Meanwhile, shares of 3M India were trading at Rs 33,972.8 each, up 9.9 per cent on BSE today at 3.01 PM IST.