NMDC Declares First Interim Dividend of ₹2.30 Per Share for FY25

The board of NMDC Ltd. has declared its first interim dividend of ₹2.30 per equity share of face value ₹1 each for the financial year 2024-25. The announcement was made on Monday, March 17, through an exchange filing.

Record Date and Ex-Dividend Date

The company has set the record date for the interim dividend on Friday, March 21. Shareholders holding NMDC shares as of this date will be eligible to receive the dividend payout.

Shares of NMDC will trade ex-dividend on or before the record date. When a stock goes ex-dividend, it no longer carries the value of the upcoming dividend, determining which shareholders qualify for the payout.

Stock Performance 

On March 17, 2025, NMDC share price ended 1.77% higher at ₹64.96. NMDC’s share price reached a 52-week high of ₹95.35, and a 52-week low of ₹59.70. As per BSE, the total traded volume for the stock stood at 9.32 lakh shares with a turnover of ₹6.04 crores.

At the current price, NMDC shares are trading at a price-to-earnings (P/E) ratio of 8.58x, based on its trailing 12-month earnings per share (EPS) of ₹7.57, and a price-to-book (P/B) ratio of 2.03, according to exchange data.

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