Mishra Dhatu Nigam Announces 8.50% Interim Dividend Distribution

Mishra Dhatu Nigam Announces 8.50% Dividend Payout

Financial Highlights

• ₹0.85 per share interim dividend approved for FY26
• Record date fixed as Thursday, March 19
• Investors must buy shares on or before March 18 to receive the dividend
• ₹0.75 per share declared in the past 12 months, resulting in a 0.24% dividend yield

Dividend History

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• ₹0.75 per share paid in March 2025
• Average five-year return for the stock is around 17%

Share Price Performance

• Ended sharply lower on Friday, down 5.48% at ₹313.05
• Tumbled 11% in the last one week
• Down 8% year-to-date (YTD)
• Delivered 16% gains in a year, with a bullish trend for defence stocks