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Eicher Motors Dividend 2024: Shares of New Delhi-headquartered Eicher Motors Limited trade ex-date today for a 5100 per cent dividend payment for the financial year ended March 31, 2024. Eicher Motors is one of the leading players in the Indian automobile industry and is the maker of popular Royal Enfield bikes.
The auto manufacturer has announced a final dividend of Rs 51 per equity share of face value of Re 1 each. "Recommended final dividend of Rs. 51/- per equity share of face value of Re. 1 each for the financial year ended March 31, 2024," the company had informed in an exchange filing.
The company had announced August 7 as the record date. As a result, shares of Eicher Motors trade ex-date today.
Earlier to this, the company had announced a final dividend of Rs 37 for which the ex-date was August 14, 2023. Below is the dividend history of the company.
| EX Date | Amount (₹) |
| 7 Aug 2024 | 51 |
| 14 Aug 2023 | 37 |
| 12 Aug 2022 | 21 |
| 9 Aug 2021 | 17 |
| 19 Mar 2020 | 125 |
However, the company hasn't announced a payment date for the final dividend of FY24.
The counter opened in green at Rs 4655.05 and touched a high of Rs 5675.35 before falling down to Rs 4647.10 amid selling pressure. However, the counter was trading in green at Rs 4655.10 at around 9:22 am.
According to the BSE analytics, shares of Eicher Motors Limited have gained over 38 per cent in one year and 183 per cent in five years. So far this year, the counter has gained around 15 per cent.