NMDC Set to Announce Interim Dividend on March 17

NMDC, the largest iron ore producer in India, is also set to declare its interim dividend for FY25 on March 17, 2025. It has a good dividend track record, having declared its record-high dividend of Rs 23.1 per share in 2008. NMDC posted a 17.85% year-on-year jump in iron ore output at 4.62 million tonnes for February 2025. The stock of the company has risen marginally, closing at ₹67.07 on the BSE prior to the declaration. An insider trading window closing is operative between March 7 and March 19, 2025, as per SEBI guidelines. Investors will be keenly monitoring NMDC's financial results and operational developments.

 

Source: Financial Express, CNBC TV18, Moneycontrol