Schaeffler India Dividend: Company Announces ₹28 Per Share; Record Date Confirmed as April 23
Schaeffler India Limited, a prominent constituent of the BSE 200 index, has declared a final dividend of ₹28 per share, which translates to 1400% of its nominal value of ₹2. This announcement underlines the company’s solid financial performance and ongoing efforts to enhance shareholder value.
As per the official exchange filing, the record date for dividend eligibility has been set for April 23, 2025. Shareholders who hold the company’s stock by this date will be entitled to receive the dividend. However, the distribution remains subject to approval at the forthcoming Annual General Meeting (AGM).
In its statement, the company noted, “A final dividend of ₹28 per equity share of ₹2 face value has been proposed for the financial year, pending approval at the AGM.”
Schaeffler India has maintained a strong track record of dividend payments, and this latest declaration reinforces investor confidence. The substantial dividend underscores the company’s strong financial performance, demonstrating its ability to maintain profitability and generate robust cash flows even amid market volatility.
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Key Points for Investors
- Eligibility Criteria For Schaeffler India Dividend: Investors must own shares before the ex-dividend date—usually one or two days prior to the record date—to receive the dividend. Shares bought after this period will not qualify.
- Attractive Returns: A dividend of ₹28 per share offers a substantial yield, making Schaeffler India a compelling choice for income-focused investors.
- Financial Strength: The substantial dividend payout underscores the company’s solid balance sheet and optimistic growth prospects.
- Schaeffler India Dividend Policy: Regular and significant dividend distributions showcase Schaeffler India’s long-term commitment to rewarding its investors.
Shareholders should stay updated on AGM proceedings and ensure their holdings are in place by the record date to receive the dividend. More details on the payment schedule will be provided after the AGM.
Disclaimer: This content about Schaeffler India Dividend, is intended solely for educational and informational purposes and should not be interpreted as financial or investment advice. The information presented is derived from publicly available sources and independent analysis; however, its accuracy or completeness is not guaranteed. Readers are encouraged to conduct their own due diligence and seek guidance from a professional financial advisor before making any investment decisions. Neither the author nor stoxmail.com assumes responsibility for any financial losses or investment actions taken based on this article.