MRF Dividend Alert: Last Day Today to Buy Shares for ₹3 Interim Dividend Payout

Chennai, November 20: The shares of MRF will trade ex-dividend tomorrow, on November 21. An ex-dividend date is the cut-off date before which investors must hold or buy the shares of a company to be eligible for its dividend payout. As MRF has fixed November 21 as the ex-dividend date, it means that investors who want to receive the MRF dividend must hold or buy the shares of the company by the end of today’s trading session.

MRF Ltd (NSE: MRF, BSE: 500290 is the largest tyre manufacturer in India and one of the largest in the world. The company manufactures a wide range of tyres for virtually all vehicle segments, including cars, two-wheelers, trucks, buses, tractors, and aircraft. Beyond tyres, MRF also produces products like treads, tubes, conveyor belts, and specialised paints and coatings. The company was established in 1946 and is headquartered in Chennai, Tamil Nadu.

MRF Dividend Details

MRF has declared an interim dividend of ₹3 per share on the equity share of face value ₹10. The company has set both the ex-date and record date as tomorrow, November 21. The record date is the date on which a company reviews its shareholders’ list to determine shareholders eligible for the dividend payout.

MRF Recent Dividends and Bonuses

2025: 

• Interim Dividend Payout: ₹3 per share Ex-date: 21-Nov-2025
• Dividend Payout: ₹229 per share Ex-date: 18-Jul-2025
• Interim Dividend Payout: ₹3 per share Ex-date: 14-Feb-2025

2024:

• Interim Dividend Payout: ₹3 per share Ex-date: 19-Nov-2024
• AGM / Dividend Payout: ₹194 per share Ex-date: 25-Jul-2024
• Interim Dividend Payout: ₹3 per share Ex-date: 21-Feb-2024

2023: 

• Interim Dividend Payout: ₹3 per share Ex-date: 17-Nov-2023
• AGM / Dividend Payout: ₹169 per share Ex-date: 20-Jul-2023
• Interim Dividend Payout: ₹3 per share Ex-date: 21-Feb-2023

2022: 

• Interim Dividend Payout: ₹3 per share Ex-date: 17-Nov-2022
• AGM / Dividend Payout: ₹144 per share Ex-date: 27-Jul-2022
• Interim Dividend Payout: ₹3 per share Ex-date: 17-Feb-2022

Shares Fall 0.08% To ₹1,53,225

As of 12:06 PM, the MRF share price was down 0.08%, or 130 points, and was trading at ₹1,53,225. Until now, the shares have traded within a range of ₹1,54,500 and ₹1,53,300. The traded volume stands at 1.44 thousand shares, with the company’s market cap at ₹65,040 crore.

Investor Takeaway

MRF Limited has declared a high dividend of ₹3 per share. The dividend payout is aimed at rewarding the shareholders in proportion to the number of shares they hold before the ex-dividend date. Hence, investors have until the end of today’s trading session to buy the shares of the company to be eligible for the ₹3 MRF dividend.

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