MRF Limited has informed the Exchange that Board of Directors at its meeting held on May 07, 2026, recommended Final Dividend of Rs. 229 per equity share.
MRF · price
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MRF Limited's Board of Directors, in its meeting held on May 07, 2026, has recommended a Final Dividend of Rs. 229 per equity share. This recommendation is subject to approval from shareholders at the upcoming Annual General Meeting. The dividend, if approved, would be paid to eligible shareholders after the record date is fixed. MRF has historically been a consistent dividend payer, and this recommendation continues that trend, though the yield depends on the prevailing stock price.
The recommended dividend of Rs. 229 per share is a positive signal for shareholders, representing a direct cash return. However, without the current stock price, the exact dividend yield cannot be determined. Investors should monitor for the record date announcement to establish eligibility.