ADC India Communications Ltd (BSE: 523411) has declared a huge special interim dividend of ₹25 per share for the year 2024-25. The board of the company approved the dividend in a meeting on March 25, 2025, which was higher than market expectations.
Highlights:
-
Special interim dividend of ₹25 per share (250% of face value)
-
Ex-dividend date fixed on August 2, 2025
-
A follow-up to the previous final dividend of ₹5 a share announced in May 2024
-
Total dividend for FY2024-25 becomes ₹30 a share
This big dividend follows strong financials from ADC India Communications. The share price reacted favorably to the news, trading at ₹1,173 as of March 25, 2025, up from its 52-week low of ₹860.
The high dividend payment is a testament to the company's strong cash position and dedication to shareholder returns despite being in the competitive telecommunications equipment industry.
Sources: BSE Filing, MoneyControl, CNBC TV18, March 25, 2025