Neelamalai Agro Industries Declares ₹30 Dividend Per Share for FY 2024-25

Image Source: Business Empire Media

Neelamalai Agro Industries Ltd has announced a final dividend of ₹30 per share for the financial year 2024-25, reinforcing its commitment to shareholder returns. The company continues to maintain strong financial performance, supported by steady revenue growth and strategic investments in the tea and coffee sector.

Key Highlights

Dividend Announcement: The Board of Directors has recommended a ₹30 per share dividend, subject to shareholder approval.
Dividend History: The company has consistently rewarded investors, previously declaring ₹50 per share in FY24 and ₹30 per share in FY23.
Financial Performance: Neelamalai Agro reported robust earnings, with a steady increase in revenue and profitability over the past fiscal year.
Market Reaction: Following the announcement, the company’s stock price remained stable, reflecting investor confidence in its long-term growth strategy.
Sector Outlook: The tea and coffee industry continues to see strong demand, with Neelamalai Agro positioned as a leading player in premium plantation exports.

Neelamalai Agro Industries’ consistent dividend payouts highlight its financial stability and shareholder-friendly approach, making it a preferred choice for long-term investors.

Source: Moneycontrol, Economic Times, BlinkX