The Board of Directors in a meeting held today have also declared fourth interim dividend at the rate of 40% (Re. 0.40 per share) on the face value of the equity shares of Re. 1/- of the ....
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Nicco Parks & Resorts' board, at its May 27, 2025 meeting, approved audited standalone and consolidated financial results for Q4 and FY ended March 31, 2025, with auditors Lodha & Co giving an unmodified opinion. The board also declared a fourth interim dividend of 40% (Re. 0.40 per share) on the Re. 1 face value equity shares. Including this, the total dividend payout for FY25 is 120% (Re. 1.20 per share), the same as paid during FY24, indicating the dividend has been maintained. The record date for the fourth interim dividend is June 6, 2025, with payment expected by June 25, 2025.
Shareholders holding shares as of June 6, 2025 will receive the fourth interim dividend of Re. 0.40 per share, with the full-year dividend of Re. 1.20 per share signalling steady returns. The unchanged aggregate payout suggests stable profitability but no dividend growth, which is neutral to mildly positive for retail investors.