3,250% Dividend Recording Tomorrow! Hero MotoCorp to Trade Ex-Dividend on July 24, 2025; Know Payout Details

Hero MotoCorp, one of India's leading two-wheeler manufacturers, is set to trade ex-dividend on Wednesday, July 24, 2025. This means investors who purchased shares by today, July 23, will be eligible to receive the company's Rs 65 per share final dividend. From tomorrow onwards, new buyers will not qualify for the dividend payout.

Hero MotoCorp's Dividend: What Investors Need to Know?

In an official filing with stock exchanges dated May 13, 2025, Hero MotoCorp announced its recommendation for a final dividend of Rs 65 per equity share, which translates to a 3,250% payout on the face value of Rs 2 per share. This proposed dividend is subject to shareholder approval at the company's upcoming 42nd Annual General Meeting (AGM).

If shares are bought on or after the ex-dividend date, the new shareholder will not receive the declared dividend.

The payout signals Hero MotoCorp's strong financial position and ongoing commitment to rewarding its long-term investors. Over the past year, the company has declared a total equity dividend of Rs 140 per share. With the stock currently trading around Rs 4,342.40, this translates into a dividend yield of approximately 3.22%, an attractive return for income-focused investors.

Hero MotoCorp Share Performance and Financial Health

Despite the dividend announcement, Hero MotoCorp's stock closed 1.6% lower at Rs 4,340.95 on the BSE on Tuesday, possibly reflecting broader market volatility or profit-booking ahead of the ex-dividend date. However, the company's overall financial health and consistent dividend track record reinforce investor confidence in its long-term value.

Other Companies Also Trading Ex-Dividend on July 24

Hero MotoCorp is not the only company going ex-dividend on July 24. Several other notable firms are also scheduled, including:

BirlaNu Ltd Dividend: Final dividend of Rs 30 per share

TCPL Packaging Dividend: Final dividend of Rs 30 per share

Crompton Greaves Consumer Electricals Dividend: Final dividend of Rs 3 per share

Bliss GVS Pharma: Final dividend of Rs 0.5 per share

UTI Asset Management Company: Final dividend of Rs 26 and a special dividend of Rs 22 per share

What Does Ex-Dividend Mean?

The ex-dividend date is crucial in determining dividend eligibility. Investors who buy shares on or after the ex-dividend date are not entitled to the declared dividend. Only those who purchase the shares before the ex-dividend date-in this case, by July 23-will receive the payout when it is distributed.