Dividend Stocks 2025: REC Ltd, TVS Motor Company Ltd share prices will remain in focus today as will trade ex-date today for up to ₹3.60 per share payment
The Record date set by companies as REC Ltd and TVS Motor Company Ltd stands today i.e Wednesday 26 March 2025 for for identifying the list of eligible stockholders to receive the dividend.
According to the T+1 Settlement procedure, investors who wished to take advantage of the dividend announcement had to purchase shares of REC and TVS Motor Company at least one day before the record date in order for their names to be listed among the eligible shareholders who would be eligible to receive the dividend.
REC , TVS MOTOR Dividend details
REC Ltd on March 19, 2025, considered and declared 4th interim dividend @ ₹3.60/ · (Rupees Three and Paise Sixty only) per equity share of face value of 10/ – each for the financial year 2024-25. Further, the record date for the said interim dividend was set as Wednesday, March 26, 2025 and the said interim dividend as per REC Ltd shall be paid or dispatched on or before April 16, 2025 to those shareholders, whose names appear as beneficial owners on the record date.
REC Ltd earlier has declared three interim dividends of ₹3.50 , ₹4 and ₹4.30 per equity share of ~IO each for the financial year 2024-25, during the months of August 2024, November 2024 and February 2025, respectively.
TVS Motor Company Ltd on 13 March 2025 had announced an interim dividend of Rs. 10/- per share (1000%) on 47,50,87,114 equity shares of Re.1/- each fully paid up, absorbing a sum of Rs. 475 Cr, for the financial year ending 31st March 2025.
TVS Motor Company had set 26th March 2025 as the Record Date for this purpose. The dividend payment will be made within a period of 30 days from the declaration of interim dividend, as per the company.
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