Dividend Stock 2025: If you invest in the stock market or are planning to invest, this news could be beneficial for you. The stock market always experiences fluctuations, and investors are often on the lookout for stocks that not only provide good returns but also offer attractive dividends.
Today, we will introduce you to a stock that has announced a ₹28 dividend per share for its investors, with the record date set for next month. Let’s find out more about this company.
Schaeffler India Dividend 2025
Schaeffler India, a company engaged in roller and ball bearings, engine systems, transmission components, chassis applications, clutch systems, and machine manufacturing, has announced its dividend record date for investors.
₹28 Dividend Per Share
On February 27, 2025, Schaeffler India announced that the company will provide a dividend of ₹28 per share. This dividend applies to each equity share with a face value of ₹2.
Schaeffler India Dividend 2025 Record Date
According to the company, Wednesday, April 23, 2025, has been set as the record date to determine eligible shareholders for the dividend.
As per the stock exchange filing, the dividend for the financial year ending December 31, 2024, will be paid within 30 days from the date of the Annual General Meeting (AGM).
Schaeffler India Share Price
On the last trading day of this week, Thursday, March 13, 2025, Schaeffler India’s stock saw an increase of 37.95 points (1.15%), trading at ₹3,345.60 per share.
- 52-week high: ₹4,950
- 52-week low: ₹2,699.55
- Market cap: ₹52,292.96 crore (as of March 13, 2025)
Schaeffler India Dividend History
This is Schaeffler India’s third-largest dividend payout. Earlier, in 2021, the company had given a dividend of ₹ 38 per share to its investors.
Earlier, in the year 2020, the company had given a dividend of Rs 35 per share to its shareholders.
In the year 2023, Schaeffler India had rewarded its investors by paying a dividend of ₹24 per share. In the same year, the company had done a stock split in the ratio of 5:1 and thereafter issued a dividend of ₹16 per share.
Additionally, Schaeffler India recorded a 13.20% growth in net profit for Q3 FY25, reaching ₹237.28 crore in the December 2024 quarter.
[Disclaimer: This article is for informational purposes only and should not be considered financial advice. We strongly recommend that readers consult their financial advisors before making any investment decisions.]
