Dividend stocks REC, TVS Motor to trade ex-date for up to ₹3.60 per share payment

Dividend Stocks 2025: REC and TVS Motor Company share prices will remain in focus today, March 26, as they will trade ex-date for up to ₹3.60 per share dividend.

The record date set by the companies to identify the list of eligible stockholders to receive the dividend is also fixed as today.

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 for the payment of said dividends.

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, 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 earlier has declared three interim dividends of ₹3.50, ₹4 and ₹4.30 per equity share of ₹10 each for the financial year 2024-25, during the months of August 2024, November 2024 and February 2025, respectively.

TVS Motor Company Ltd on March 13, 2025, had announced an interim dividend of ₹10/- per share (1000%) on 47,50,87,114 equity shares of ₹1/- each fully paid up, absorbing a sum of ₹475 crore, for the financial year ended March 31, 2025.

TVS Motor Company had set March 26, 2025, as the record date for this purpose. The dividend payment will be made within a period of 30 days from the declaration of the interim dividend, as per the company.

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