Mr. Cement Announces Interim Dividend
Mr. Cement has decided to give its shareholders an interim dividend of Rs 50 per share for the financial year 2024-25. The record date for this dividend is set for February 5, 2025. This means that only those shareholders whose names are recorded in the Register of Members or listed as beneficiaries will be eligible to receive the dividend.
The dividend will be paid out starting from February 17, 2025.
Stock Performance
On February 1, 2025, Mr. Cement’s stock closed at Rs 27,345.15 on the Bombay Stock Exchange (BSE). The company’s market capitalization stands at Rs 98,600 crore, and the face value of the stock is Rs 10. Over the past year, the stock reached a high of Rs 29,628.10 on February 2, 2024, and a low of Rs 23,500.15 on November 12, 2024.
In the past week, the stock has shown a good performance, climbing by 6 percent.
Shareholding and Previous Dividends
As of the end of December 2024, the promoters held a 62.55 percent stake in Mr. Cement. For FY 2024, the company had previously announced a final dividend of Rs 55 per share on May 4, 2024, with the stock trading X-Dividend on July 23, 2024. Additionally, interim dividends of Rs 45, Rs 55, and Rs 50 were distributed throughout the financial year.
Mr. Cement Dividend Information
| Detail |
Information |
| Interim Dividend |
Rs 50 per share |
| Record Date |
February 5, 2025 |
| Dividend Payment Date |
From February 17, 2025 |
| Stock Closing Price (BSE) |
Rs 27,345.15 (February 1, 2025) |
| Market Cap |
Rs 98,600 crore |
| Face Value |
Rs 10 |
| 52-Week High |
Rs 29,628.10 (February 2, 2024) |
| 52-Week Low |
Rs 23,500.15 (November 12, 2024) |
| Weekly Stock Growth |
6% |
| Promoter Stake (Dec 2024) |
62.55% |
| Final Dividend FY 2024 |
Rs 55 per share |
| Final Dividend Announcement Date |
May 4, 2024 |
| X-Dividend Date |
July 23, 2024 |
| Other Interim Dividends |
Rs 45, Rs 55, Rs 50 |
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