MRF Dividend: The largest tire maker in India is MRF, also known as MRF Tyres. Prior to this, the company was known as Madras Rubber Factory. The company’s main office is in Chennai, Tamil Nadu, India. The company produces rubber goods such as paints, toys, treads, tires, tubes, and conveyor belts.
In addition, MRF manages the MRF Institute of Driver Development (MIDD) in Chennai as well as the MRF Pace Foundation in Chennai. With a AAA- brand grade, MRF Limited has become the second-strongest tire manufacturer in the world.
MRF Dividend 2023 Complete Details
| Company | MRF Limited |
|---|---|
| Sector | Automobiles And Auto Components |
| Industry | Auto Tyres And Auto Products |
| Company Listed On | NSE, BSE |
| NSE Script | MRF |
| BSE Script | 500290 |
| Dividend Announced Date | 23 October, 2023 |
| Dividend Ex-Date | 17 November, 2023 |
| Dividend Record Date | 17 November, 2023 |
| Dividend Type | Interim |
| Dividend Percentage | 0% |
| Dividend Amount | 0₹ |
| More Upcoming Dividends | Check Here |
MRF Dividend History
Now let us understand MRF Dividend History.
| Date | Dividend Amount |
|---|---|
| 17 November, 2023 | 0.00₹ |
| 20 July, 2023 | 169.00₹ |
| 21 February, 2023 | 3.00₹ |
| 17 November, 2022 | 3.00₹ |
| 27 July, 2022 | 144.00₹ |
| 17 February, 2022 | 3.00₹ |
| 17 November, 2021 | 3.00₹ |
MRF Fundamental Analysis
Fundamental analysis for MRF is completely stated below.
| Company Name | MRF Ltd. |
|---|---|
| Market Capitalization | 45,583.9 Cr. |
| TTM PE Ratio | 36.9 |
| Price To Book Value | 3.1 |
| ROE | 5.22% |
| ROA | 3.15% |
| ROCE | 8.23% |
| Face Value | 10₹ Per Share |
| 1 Year Profit | 23% |
Share holding pattern For MRF is classified into below group.
| Ownership | Percentage |
|---|---|
| Promoters | 27.75% |
| Public | 41.48% |
| Mutual Funds | 7.00% |
| FII | 19.58% |
| Others | 4.2% |
Frequently Asked Questions
Q.1 Has MRF Declared Dividend For 2023?
A.1 Yes, MRF Has Declared Dividend For 2023.
Q.2 What Is The Ex-Date For MRF Dividend 2023?
A.2 November 17, 2023 Is The Ex-Date For Upcoming MRF Dividend 2023.
Q.3 What Is The Record Date For MRF Dividend 2023?
A.3 The Record Date For Upcoming MRF Dividend 2023 Is November 17, 2023.
Q.4 Who can apply for MRF upcoming dividend 2023?
A.4 Anyone who has D-mat account can apply for MRF upcoming dividend 2023.
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