Tata Motors Dividend 2024: Shares of Tata Motors opened in red on Tuesday as Sensex and Nifty declined in early trade. While Sensex was down by 113.63 points to 76,376.45, Nifty dipped 29.6 points to 23,229.60. The counter opened at Rs 973.95, down by Rs 0.85 from the previous close of Rs 974.80 on the BSE. It further dipped by Rs 7.35 to touch the day's low of Rs 967.45. 

COMMERCIAL BREAK
SCROLL TO CONTINUE READING

The scrip, with a market cap of Rs 3,22,425 crore, has a 52-week high of Rs 1065.60 and a 52-week low of Rs 557.45.

The shares of Tata Motors, one of the country’s leading automobile manufacturers, are in focus today as they are trading ex-date for the dividend today.  

Tata Motors Dividend 2024 Amount

Tata Motors has announced a 300 per cent dividend i.e. Rs 6 per equity share with a face value of Rs 2 each. This comprises Rs 3 normal dividend and a Rs 3 special dividend.

"...recommended a final dividend of ₹6.00 per Ordinary Share of the face value of ₹2 each (i.e.,@ 300%) (comprising of ₹3.00 normal dividend and ₹3.00 special dividend) and ₹6.20 per ‘A’ Ordinary Share of the face value ₹2 each (i.e.,@ 310%) (comprising of ₹3.10 normal dividend and ₹3.10 special dividend) for the financial year ended March 31, 2024," the company said in an exchange filing.

Tata Motors Dividend 2024 Ex-Date

The company has fixed June 11 as ex-date for the dividends 

Tata Motors Dividend 2024 Record Date

June 11 has been fixed as the record date by the company for the dividends.

Tata Motors Dividend 2024 Payment Date

According to the company, the payment of the dividend amount will be made on or before June 28.

Tata Motors Dividend History

Earlier, Tata Motors paid a dividend of Rs 2 in July. The company paid its first dividend of Rs 2 in July 2014.