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MRF dividend 2026: India's most expensive ₹1.25 lakh stock but ₹3 in Q2; down 21% in 1 year - Record, payment date

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In short

The tyre maker announced an interim dividend of ₹3 per share, which corresponds to a 30% payout on its ₹10 face value stock. Eligible investors will be determined based on the November 17, 2026 record date, with disbursements scheduled for on or after December 1, 2026. The announcement arrived as quarterly net profit fell 28% to ₹369 crore, heavily impacted by an expense surge exceeding 22%.

Key points

  • MRF scheduled November 17, 2026, as the record date to decide eligibility for the ₹3 inte…: MRF scheduled November 17, 2026, as the record date to decide eligibility for the ₹3 interim dividend.
  • The company will distribute the dividend payment to eligible shareholders on or after Dec…: The company will distribute the dividend payment to eligible shareholders on or after December 1, 2026.
  • The stock closed 1.3% lower at ₹1,25,070.85 following the results, reflecting a 21% decli…: The stock closed 1.3% lower at ₹1,25,070.85 following the results, reflecting a 21% decline over the past year.

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MRF Dividend: India's most expensive stock MRF Limited has declared an interim dividend of ₹3 per equity share for the financial year ending March 31, 2027, translating into a dividend payout of 30% on the face value of ₹10 per share.

The company has fixed Tuesday, November 17, 2026, as the record date to determine shareholders eligible to receive the interim dividend. The dividend will be paid on or after December 1, 2026.

The dividend announcement came alongside the company's September-quarter results, in which MRF reported a 28% year-on-year decline in net profit to ₹369 crore. Higher raw material costs weighed on its profitability, even as revenue from operations registered healthy growth during the July-September quarter. The company's total expenses increased at a faster pace than revenue, offsetting the benefit of resilient tyre demand.

In an exchange filing, MRF said, "The Board of Directors has declared an Interim Dividend of ₹3 (per equity share [30%] of ₹10 each for the financial year ending 31st March, 2027. The Company has fixed Tuesday, 17th November, 2026 [17.11.2026], as the Record Date for…

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