Schaeffler India Announces Record Date for Payment of Dividend

Schaeffler India Limited has declared April 23, 2025, as a record date for its forthcoming dividend payment. The company recently resolved to pay an interim dividend of ₹28 per equity share for the financial year ended December 31, 2024. This was declared at a meeting of the board of directors convened on February 27, 2025, and is proposed to be ratified by the shareholders at the coming Annual General Meeting (AGM). If sanctioned, the dividend will be disbursed within 30 days of the AGM. Schaeffler India's dividend history demonstrates a steadfast approach to rewarding shareholders, with recent dividends including ₹26 per share in the last financial year. The company's robust financials and prudent dividend policy have made it a preferred choice for investors looking for stable returns.

Source: Business Standard