MRF stock set to trade ex-dividend today

Written By: ZeeBiz WebTeam New DelhiZeeBiz WebDesk Updated on: July 25, 2024, 01.00 AM IST

MRF Share Market News: Tyre maker MRFs stock is scheduled to trade ex-dividend on Thursday.

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

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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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