Tata Motors dividend: Board announces 100% and 105% payout per share — check payment date

Tata Motors dividend: Tata Motors board on Friday announced a final dividend of Rs 2 per ordinary share and Rs 2.10 per ‘A’ ordinary share of face value of Rs 2 each to its shareholders for the financial year ended March 31, 2023.

Tata Motors dividend: Tata Motors board on Friday announced a final dividend of Rs 2 per ordinary share and Rs 2.10 per ‘A’ ordinary share. Image: Reuters

Tata Motors dividend 2023: Tata Motors board on Friday announced a final dividend of Rs 2 per ordinary share and Rs 2.10 per ‘A’ ordinary share of face value of Rs 2 each to its shareholders for the financial year ended March 31, 2023, the first by the Tata Group auto firm since FY16.

"We would like to inform that the Board of Directors at its Meeting held today has recommended declaration of final dividend of ₹2 per Ordinary Share of ₹2 each (@100%) and ₹2.10 per ‘A’ Ordinary Share of ₹2 each (@105%) for the financial year ended March 31, 2023," the company's filing said.

Tata Motors dividend 2023 payment date

"The dividend, if declared at the AGM, shall be paid to the eligible shareholders from August 14, 2023 onwards," the company's filing said.

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Tata Motors dividend history

Source: NSE

Tata Motors share price NSE, Tata Motors share price history

Tata Motors share on Friday ended with marginal gains at 513.8, up by Rs 2.2 or 0.43 per cent on NSE. Tata Motors share price has surged more than 27 per cent in the last one year and so far this year, the auto stock has given over 30 percent return.

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Tata Motors dividend