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NMDC Shares to Trade Ex-Date on March 21: Interim Dividend of ₹2.30

Written by: Sachin GuptaUpdated on: Mar 21, 2025, 9:15 AM IST
NMDC Limited decided to pay an interim dividend of ₹2.30 with a record date of March 21, 2025. The first interim dividend was declared on March 17, 2025.
NMDC Shares to Trade Ex-Date on March 21: Interim Dividend of ₹2.30
ShareShare on 1Share on 2Share on 3Share on 4Share on 5

On March 21, 2025, NMDC shares to trade ex-date, meaning that the shareholders registered in the company’s books will be eligible for the ₹2.30 interim dividend.

NMDC Dividend History

Ex-Date Dividend Type Dividend Amount (₹)
Sep 17, 2024 Final 1.50
Feb 27, 2024 Interim 5.75
Aug 31, 2023 Final 2.85

NMDC Production Highlights

In February 2025, the production from Chhattisgarh was 3.37 million tonnes (MT), slightly lower than the 3.41 MT recorded in February 2024. Sales from the state in February 2025 stood at 2.79 MT, marginally higher than the 2.78 MT in the same month last year. Cumulatively, from April 2024 to February 2025, Chhattisgarh produced a total of 27.49 MT and sold 28.09 MT, compared to 28.13 MT produced and 27.99 MT sold in the same period of the previous year. In Karnataka, production in February 2025 was 1.25 MT, significantly higher than the 0.51 MT in February 2024.

Sales during the month amounted to 1.19 MT, slightly below the 1.21 MT in February 2024. For the cumulative period up to February 2025, Karnataka’s production reached 13.00 MT, with 12.11 MT sold, compared to 12.11 MT produced and 12.49 MT sold in the corresponding period of the previous year. Overall, the total iron ore production in February 2025 was 4.62 MT, while the sales amounted to 3.98 MT. The cumulative total production for the year up to February 2025 was 40.49 MT, with 40.20 MT sold, showing a slight decrease in comparison to the previous year’s cumulative totals of 40.24 MT produced and 40.48 MT sold.

 

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: Mar 21, 2025, 9:15 AM IST

Sachin Gupta

Sachin Gupta is a Content Writer with 6+ years of experience in the stock market, including global markets like the US, Canada, and Australia. At Angel One, Sachin specialises in creating financial content that simplifies complex market trends. Sachin holds a Master's in Commerce, specialising in Economics.

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