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MRF Dividend 2024 Record Date: India’s Costliest Stock Fixes Dividend Payment Date; Check History, Yield

MRF Dividend 2024 Record Date, MRF Dividend History, MRF Dividend Amount: MRF has announced to reward shareholders with the second interim dividend for the financial year ending 31st March, 2024. Chennai-headquartered tyre major has also fixed the record date and payment date for the corporate action.

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The company has posted a consolidated profit after tax for the October-December 2023 quarter at Rs 509.71 crore. The company had recorded a consolidated profit after tax at Rs 174.83 crore, during the corresponding period of last year. For the nine-month period this fiscal, the consolidated profit surged to Rs 1,685.12 crore as compared to Rs 428.29 crore recorded a year ago.

MRF Dividend 2024 Amount

The Board of Directors declared a second interim dividend of Rs 3 per equity share (30 per cent) for the financial year ending March 31, 2024.

MRF Dividend 2024 Record Date

The Company has fixed Wednesday, 21st February as the record date for the purpose of payment of second interim dividend.

MRF Dividend 2024 Payment Date

The second interim dividend declared would be paid on or after March 4, 2024, the company said.

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MRF Dividend History

The company paid dividends on three occasions in 2023, totalling to Rs 175. Prior to that in 2022, the company reward with dividends thrice with a total amount of Rs 150.

MRF Dividend Yield

The company has had a dividend yield of 0.13 per cent in the last 12 months, as per current market levels.

MRF Limited Q3FY24 Results

The consolidated total income during the quarter under review went up to Rs 6,240.08 crore, from Rs 5,715.91 crore registered in the same period of last financial year, MRF Ltd said in a BSE filing. For the nine month period ending December 31, 2023 the consolidated total income stood at Rs 19,042.88 crore, as against Rs 17,349.66 crore registered last fiscal.

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MRF Share Price History

The counter delivered 94.65 per cent returns in the last two years, as per BSE data.

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