Shares of GM Breweries Ltd rose 1.80% to ₹740.60 in Tuesday’s early trade, ahead of the stock turning ex-dividend on May 22, 2025. The company has announced a final dividend of ₹7.5 per share for FY24-25.
In its May 2 filing, the company confirmed: “The company has fixed Thursday, May 22, 2025, as the Record Date for the purpose of ascertaining the eligibility of the shareholders for the payment of final dividend.”
GM Breweries has a market cap of ₹16.85 billion and a dividend yield of 1.02%. While the dividend is attractive for long-term investors, market participants are treating the event as neutral from a short-term trading perspective.
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