Hero MotoCorp Ltd Board approves Dividend of Rs. 25, special dividend of Rs. 10

The board of directors of Hero MotoCorp Ltd at its meeting held today have approved the recommendation of final dividend subject to approval of members @ 1250% i.e. Rs. 25 per share and special dividend @ 500% i.e Rs 10 per share (face value of Rs. 2 per equity share). The dividend, if declared at the ensuing AGM, will be paid by September 3, 2021.

The Register of Members and Share Transfer Books of the Company will remain closed from Saturday, July 24, 2021 to Wednesday, August 04, 2021 (both days inclusive) for the purpose of 38th AGM and determining entitlement of the members of the final dividend (if declared at the AGM).

Shares of HERO MOTOCORP LTD. was last trading in BSE at Rs.2913 as compared to the previous close of Rs. 2787. The total number of shares traded during the day was 69871 in over 5703 trades.

The stock hit an intraday high of Rs. 2922 and intraday low of 2804.6. The net turnover during the day was Rs. 201562533.

Source : Equity Bulls

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