Board Recommends Final and Special Dividend
Awaiting price reaction for this filing.
3M India's Board has recommended a Final Dividend of Rs. 160 and a Special Dividend of Rs. 375 per equity share (face value Rs. 10) for FY 2024-25. Combined, shareholders are set to receive Rs. 535 per share, subject to approval at the 38th AGM on August 26, 2025. The Special Dividend, on top of the regular Final Dividend, indicates a strong cash position and surplus distribution by the company. The Board has fixed July 25, 2025 as the Record Date to determine eligible shareholders. Dividends will be paid within 30 days of the AGM.
The combined dividend is a healthy reward for shareholders and reflects robust cash generation, typically supporting the stock price ahead of the record date. Investors should buy shares before the record date (July 25, 2025) to be eligible for the dividend.