Sundaram Finance Holdings Limited has informed the Exchange that Board of Directors at its meeting held on May 22, 2025, recommended Final Dividend of Rs. 1.55 per equity share.
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The Board of Sundaram Finance Holdings has declared a 2nd Interim Dividend of Rs. 0.60 per share (12% on face value of Rs. 5), payable to shareholders on record as of May 28, 2025. Separately, the Board has recommended a Final Dividend of Rs. 1.55 per share (31%), subject to shareholder approval, with payment expected on or after July 25, 2025. Together with the 1st Interim Dividend of Rs. 3.70 per share already paid in February 2025, the total dividend for FY 2024-25 works out to Rs. 5.85 per share (117% on face value). The company has 22.21 crore equity shares, making for a sizeable total payout to shareholders.
The strong Rs. 5.85 total dividend signals healthy profits and a shareholder-friendly distribution policy, which is generally positive for income-focused investors. The record dates of May 28 and July 11, 2025, are important for eligibility. The stock may see modest short-term interest around the ex-dividend dates.