Housing & Urban Development Corporation Limited (HUDCO), a state-owned non-banking financial company (NBFC) in India, has announced its second interim dividend of ₹1.05 per equity share for FY25. The company set the record date for March 14, 2025. HUDCO shares saw a decline of 1.78% after the announcement, closing at ₹178.95 on March 10, 2025.
State-owned Housing & Urban Development Corporation Limited (HUDCO), a leading non-banking financial company (NBFC) under the Ministry of Housing and Urban Affairs, has declared its second interim dividend for FY25. The company has announced a dividend of ₹1.05 per equity share, representing a 10.50% payout on a face value of ₹10 per share.
As per the exchange filing, the record date for the dividend is March 14, 2025. Eligible shareholders will receive the payout within 30 days of the declaration. The dividend amount will be subject to a 10.50% TDS deduction.
HUDCO Share Price Movement
Following the announcement, HUDCO shares closed 1.78% lower at ₹178.95 on March 10, 2025, compared to the previous session’s close of ₹182.20. The stock has provided over 640% returns to investors in the past five years, but it has fallen 8.47% over the past year and has seen a 24.72% decline in 2025 so far.
In the last 52 weeks, HUDCO shares hit a high of ₹353.95 on July 12, 2024, while the 52-week low was ₹152.65 on March 14, 2024. As of the latest market close, HUDCO’s market capitalization stands at ₹35,824 crore.
Investors are closely watching HUDCO’s financial performance, and the upcoming dividend distribution is expected to play a role in shaping market sentiment.
