TVS Motor dividend: Two-wheeler maker announces Rs 8/share payout—check out record, payment dates

TVS Motor dividend 2024, TVS Motor dividend 2024 record date: TVS Motor Company on Monday, March 11 announced to pay 800 per cent interim dividend to its shareholders for the financial year ending March 31 2024. The board of two-wheeler makers in a meeting held today announced an interim dividend of Rs 8 per share on 47,50,87,114 equity shares of Re 1 each fully paid up absorbing a sum of Rs 380 crore.

TVS Motor dividend 2024 record date

The company's board has fixed March 19 as the record date. 

"The interim dividend declared will be paid to those shareholders, who hold shares in physical form and / or in electronic form and whose names appear in the Register of Members and / or Depositories respectively, as at the close of working hours on 19th March 2024, being the Record Date fixed by the Company for this purpose," the company in its regulatory filing said. 

TVS Motor dividend 2024 payment date

The dividend payment will made within a period of 30 days from the declaration of interim dividend. 

TVS Motor Q3 results: How did it perform in Q3

TVS Motor Company reported a 59 per cent increase in its consolidated net profit to Rs 479 crore for the third quarter ended December 31, 2023, riding on the back of robust sales across markets. 

Revenue from operations rose to Rs 10,114 crore in the December quarter as against Rs 8,066 crore in the year-ago period, TVS Motor Company said in a regulatory filing. Read more on TVS Motor Q3 results

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