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Several companies have recently declared record-breaking dividends of ₹90 per share, marking significant milestones in their financial histories. Here are some notable examples:
Maruti Suzuki India Ltd (MSIL)
In August 2023, Maruti Suzuki announced a dividend of ₹90 per share, the highest in its 40-year history. This payout was approved during the Annual General Meeting (AGM) and was scheduled for payment on September 6, 2023, subject to shareholder approval .
Industrial & Prudential Investment Company Ltd
In August 2024, this small-cap company declared a 900% dividend, translating to ₹90 per share with a face value of ₹10. The record date for this dividend was set for September 12, 2024, with payment expected within 30 days from the AGM, pending shareholder approval .
National Stock Exchange of India (NSE)
In May 2024, the NSE declared a final dividend of ₹90 per share for the financial year 2023-24, based on a face value of ₹1 per share. This substantial payout reflects the exchange's strong financial performance and commitment to rewarding its shareholders
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