Schaeffler India has surprised its shareholders with a huge final dividend announcement. The auto components giant is offering a ₹28 dividend per share, which is 1400% of the face value of ₹2. Here’s what investors need to know about this big payout:
Schaeffler India has proposed a final dividend of ₹28 per share for the financial year ending December 2024. With a face value of ₹2, this translates to a massive 1400% dividend—a clear reflection of the company’s rewarding approach to its investors.
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To receive the dividend, investors must hold shares of Schaeffler India on or before April 23, 2025. This is the record date which determines who qualifies for the payout.
Once approved at the company’s Annual General Meeting (AGM) on April 23, 2025, the dividend will be credited to shareholders within 30 days—by May 23, 2025.
Schaeffler India has a strong history of rewarding shareholders. In recent years, it paid out:
This consistent increase shows the company’s healthy financial performance and shareholder focus.
As of April 16, 2025, at 10:09 AM IST, Schaeffler India share price is trading at ₹3,186.20, up ₹48.60 or 1.55% for the day. The stock opened at ₹3,148.40 and has touched a high of ₹3,202.00 and a low of ₹3,132.80 so far. The company’s market capitalisation stands at ₹49,830 crore, with a price-to-earnings (P/E) ratio of 53.04 and a dividend yield of 0.88%. Over the past 52 weeks, the stock has reached a high of ₹4,951.00 and a low of ₹2,823.00.
This hefty dividend currently makes Schaeffler India one of the most attractive dividend-paying stocks. Long-term investors might see this as a positive signal, while new investors should consider the ex-date and market trends before jumping in.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.
Published on: Apr 16, 2025, 10:15 AM IST
Kusum Kumari
Kusum Kumari is a Content Writer with 4 years of experience in simplifying financial market concepts. Currently crafting insightful content at Angel One, She specialise in breaking down complex topics into easy-to-understand pieces, blending expertise in market fundamentals and technical analysis.
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