NMDC Dividend 2024, NMDC Dividend 2024 Record Date: India’s largest iron ore producer National Mineral Development Corporation Ltd (NMDC) has announced its first interim dividend for the financial year 2023-24. The state-run company has also a fixed record date to determine the eligibility of shareholders. 

NMDC Dividend 2024 

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The company in an exchange filing has said that its board of directors has declared the first interim dividend of Rs 5.75 per equity share of the face value of Re 1.

"The Board in the said meeting also declared 1st Interim Dividend @ Rs 5.75 (Rupees five and seventy-five paise only) per equity share of face value of Re 1/- each for the financial year 2023-24," the company said in a regulatory filing.

NMDC Dividend 2024 Record Date

NMDC has also announced a record date to determine the eligibility of shareholders for payment of the first interim dividend.

According to the company, the record date is February 27, 2024.

NMDC Dividend History

Earlier, the company had announced a final dividend of Rs 2.85 in August. Below is the history of dividends announced by the company.

 

EX Date Amount (₹)
27 Feb 2024 5.75
31 Aug 2023 2.85
24 Feb 2023 3.75
17 Feb 2022 5.73
14 Dec 2021 9.01
22 Mar 2021 7.76
18 Feb 2020 5.29
22 Mar 2019 5.52
27 Mar 2018 4.3
14 Sep 2017 1
16 Mar 2017 4.15
30 Mar 2016 1.5
24 Feb 2016 9.5
21 Sep 2015 1.3
18 Feb 2015 4.25
13 Nov 2014 3
17 Feb 2014 5.5
7 Nov 2013 3
19 Sep 2013 4
28 Feb 2013 1
22 Nov 2012 2
13 Sep 2012 2.5
9 Feb 2012 1
17 Nov 2011 1
15 Sep 2011 2.15
10 Feb 2011 1.15
29 Jul 2010 1
04 Feb 2010 0.75
20 Aug 2009 1.18
19 Feb 2009 1.03
04 Aug 2008 0.54
30 Jan 2008 23.1
01 Nov 2007 10
14 Aug 2007 8.5
18 Jan 2007 19
19 Oct 2006 0
14 Jul 2006 8.42
02 Feb 2006 11.54
31 Oct 2005 7.69
04 Jul 2005 7.6
03 Feb 2005 3.85
04 Aug 2004 3.5
28 Aug 2003 3
28 Aug 2002 2.5

NMDC Share Price

The stock of NMDC closed 3.88 per cent higher at Rs 235.50 on Wednesday. The counter had closed at Rs 226.70 in the previous session. While it opened at Rs 225.90, the scrip went on to hit an intra-day high and low of Rs 237 and Rs 223.35, respectively, as per BSE.

NMDC Q3 Results

NMDC has reported a standalone net profit of Rs 1,492.7 crore for the October-December period (Q3 FY24), an increase of 67.7 per cent compared with the corresponding period a year ago which was better than analysts' expectations.