MCX shares to trade ex-dividend on Friday

MCX dividend record date: Multi Commodity Exchange (MCX) shares will trade ex-dividend on Friday, September 15. In May, the exchange’s board recommended a final dividend of Rs 19.09 per share of the face value of Rs 10.

Here’s all you need to know about the latest MCX dividend:

MCX dividend record date

September 15 is the record date for the final dividend for the year ended March 2023.

When is the MCX AGM?

The company will conduct its 21st AGM through video conferencing (VC) or other audio-visual means (OAVM) on September 26. The dividend is subject to approval of shareholders at the company’s ensuing annual general meeting (AGM).

What is a record date?

A record date determines the shareholders eligible to benefit from corporate action such as a dividend. In other words, shareholders owing at least one share of the company in their demat accounts before the end of trading hours on the record date are eligible for such dividends.

MCX dividend payment date

The dividend, if approved by the shareholders, will be paid on or before October 24.

MCX dividend history

Here is a summary of MCX dividends over the past few years:

Source: BSE

MCX share

As of Wednesday, MCX shares have rewarded investors with a return of more than 35 per cent in the past year, a period in which the headline Nifty index has risen 11.5 per cent.

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