Investors in NMDC Limited and Indian Railway Finance Corporation (IRFC) have good news as both companies have declared interim dividend.
NMDC Dividend Details
- Dividend Amount: ₹2.30 per share
- Ex-Date: March 21, 2025
- Record Date: March 21, 2025
NMDC, India’s leading iron ore producer, continues to reward its shareholders with a consistent dividend policy. This dividend announcement reflects its strong financial position and profitability in the mining sector.
Today, Shares of NMDC closed at ₹68.78 on NSE with the gain of more than 3 percent. NMDC shares opened for trading today at ₹67.64 and made the low of ₹66.75 and rose to ₹69.19.
IRFC Dividend Details
- Dividend Amount: ₹0.80 per share
- Ex-Date: March 21, 2025
- Record Date: March 21, 2025
IRFC, the financing arm of Indian Railways, remains a stable investment choice for dividend-seeking investors. This interim payout highlights its steady earnings and role in supporting railway infrastructure expansion.
Today, Shares of IRFC closed on NSE at ₹128.11 with the gain of 5.18 percent. Shares opened today for trading at ₹122.50 and made the high of ₹128.5.
More Details Of NMDC Dividend and IRFC Dividend
- Shareholders holding NMDC or IRFC stocks before March 21, 2025, will be eligible for the respective dividends.
- NMDC’s higher dividend per share indicates its strong cash flow from the mining sector.
- IRFC’s dividend, though lower, reinforces its commitment to returning capital to investors.
- These dividends reflect the companies’ confidence in their financial health and future prospects.
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