MRF stock set to trade ex-dividend today

MRF Share Market News: MRF shares are scheduled to trade ex-dividend on Thursday, July 25.

In May, Chennai-headquartered tyre manufacturer MRF declared a final dividend of Rs 194 per share for the financial year ended March 31, 2024. 

At a face value of Rs 10 per share, a Rs 194 dividend translates to a 1,940 per cent payout. 

Meanwhile, MRF's board is scheduled to meet on August 8 to consider the tyre maker's financial results for the April-June period, it said on Wednesday. 

(This story will be updated shortly) 

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