DCM Shriram Industries Declares 100% Interim Dividend of ₹2 per Share; Record Date Set for April 4, 2025; Payment Within 30 Days. Slight Dip in Share Price Observed.
DCM Shriram Industries, a BSE small-cap company, has decided to distribute a 100% interim dividend to its shareholders for the fiscal year 2024-25. The company announced in a regulatory filing on March 28th that a dividend of ₹2 per equity share has been declared. This decision was approved by the Board of Directors, and the company stated that the dividend payment will be made within the next 30 days.
Record Date: April 4, 2025
The company has set April 4, 2025, as the record date for the interim dividend. This means that investors who hold the company's shares in their demat accounts by this date will be eligible for the dividend. This ensures that investors must be shareholders by April 4th to receive the dividend.
Dividend Payment Timeline
The company has also announced that the dividend payment will be made within 30 days of March 28th. This means that investors can expect to receive the dividend amount in their accounts by the end of April. The company has assured a swift dividend payment process to ensure investor convenience.
History of Previous Dividends
DCM Shriram Industries has consistently provided attractive dividends to its investors over the past few years. Last year, on April 10, 2024, the company paid an interim dividend of ₹2 per share. In 2023, the company declared a final dividend of ₹1 per share on February 22nd and ₹0.50 per share on July 25th. Prior to this, an interim dividend of ₹1 per share was paid on February 23, 2022.
