National Mineral Development Corporation (NMDC), a government-owned mining company in India, has declared an interim dividend of ₹2.30 per share for the financial year 2024-25. The record date for shareholder eligibility has been set, with the dividend to be paid within the stipulated timeframe.
National Mineral Development Corporation (NMDC), a leading public sector mining company under the Ministry of Steel, has declared an interim dividend of ₹2.30 per share for the financial year 2024-25.
NMDC, headquartered in Hyderabad, Telangana, is India’s largest iron ore producer, playing a crucial role in supplying raw materials for the steel industry. The company’s board approved the dividend as part of its ongoing commitment to shareholder returns.
The record date for determining eligible shareholders has been confirmed, ensuring that investors holding NMDC shares on the specified date will receive the dividend. The payment will be disbursed within the regulatory timeframe.
With NMDC’s strong financial position and consistent dividend payouts, investors will be closely watching how this impacts the stock’s movement in the coming days.
