August 31, 2023
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Dividend payment by NMDC Ltd.

A dividend is an amount the company pays to its shareholders out of its profits. These regular profit-sharing payment in the form of dividends is a corporate action initiated by the company regularly. 

As per a recent circular, NMDC Ltd. has announced a payment of dividend at Rs 2.85 for the Financial year 2023-24. The key dates for the same are as follows:

Company NameSymbolDividend AmountRecord date
NMDC Ltd.NMDCRs 2.8531-Aug-23
  • The details of the revised option strike prices, futures prices, lot size, and quantity freeze limit wherever applicable, will be informed to members separately via circular one day prior to the ex-date / effective date.

    • Refer: NSE Circular

  • The methodology for position adjustments shall be separately intimated by the respective Clearing Corporation.
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