Several prominent Indian companies, including Automobile Corporation of Goa, Coal India, and Motilal Oswal Financial Services, have announced interim dividends for their shareholders. The dividends will be paid between January 31, 2025, and February 1, 2025.
Several prominent Indian companies have declared interim dividends for their shareholders, marking a positive financial outlook for investors. These dividends are set to be paid between January 31, 2025, and February 1, 2025.
- Automobile Corporation of Goa Ltd. (Ticker: 505036) announced an interim dividend of ₹5 per share, with the ex-date and record date both set for January 31, 2025. Known for manufacturing automotive components and buses, the company has consistently been a key player in the Indian automobile industry.
- Coal India Ltd. (Ticker: 533278) declared an interim dividend of ₹5.60 per share. As India’s largest coal producer and one of the world’s largest producers of the commodity, Coal India plays a vital role in the country’s energy supply chain.
- Emerald Finance Ltd. (Ticker: 538882) declared an interim dividend of ₹0.06 per share. A financial services company based in India, Emerald Finance primarily deals in investment services, catering to both retail and institutional clients.
- Gothi Plascon (India) Ltd. (Ticker: 531111) declared an interim dividend of ₹2 per share. Operating in the plastics industry, the company specializes in manufacturing and distributing various types of plastic products across different sectors.
- Indian Energy Exchange Ltd. (Ticker: 540750) also declared an interim dividend of ₹1.50 per share. As India’s leading energy exchange, IEX plays a significant role in facilitating the trading of electricity, renewable energy, and other energy-related products.
- Motilal Oswal Financial Services Ltd. (Ticker: 532892) declared an interim dividend of ₹5 per share. A major player in India’s financial services sector, the company provides a wide range of services, including wealth management, asset management, and investment banking.
- NTPC Ltd. (Ticker: 532555) announced an interim dividend of ₹2.50 per share. As India’s largest state-owned power generation company, NTPC is critical to the country’s energy infrastructure.
- Persistent Systems Ltd. (Ticker: 533179) declared an interim dividend of ₹20 per share. Known for its software and IT services, Persistent Systems has been a key contributor to India’s technology and innovation landscape.
- RITES Ltd. (Ticker: 541556) announced an interim dividend of ₹1.90 per share. A leading provider of transport infrastructure solutions, RITES plays a vital role in India’s railways and urban transport sectors.
- Route Mobile Ltd. (Ticker: 543228) declared an interim dividend of ₹3 per share. A leader in providing messaging and cloud communication services, Route Mobile has become an essential part of the telecom industry.
- Shriram Finance Ltd. (Ticker: 511218) announced an interim dividend of ₹2.50 per share. As one of India’s prominent non-banking financial companies, Shriram Finance is known for offering financial products and services to retail and corporate clients.
- Torrent Pharmaceuticals Ltd. (Ticker: 500420) declared an interim dividend of ₹26 per share. A leading pharmaceutical company in India, Torrent Pharmaceuticals is known for its strong portfolio of branded generic medicines.
The dividends announced by these companies reflect their strong financial positions and commitment to rewarding shareholders. Investors can expect these payouts on the record dates, with some payments scheduled for February 1, 2025.
The dividends offer attractive returns, further strengthening investor confidence in India’s key industries. As the financial year progresses, market participants will be keenly watching the impact of these distributions on the broader market.
