Dividend Bonanza! Hero MotoCorp To Pay 3,250% Dividend; How To Get Eligible Ahead of Record Date Next Week?

Upcoming Dividend: Hero MotoCorp shares have surged during the past few trading sessions ahead of the auto stock's dividend record date. Hero MotoCorp in May had announced a whopping 3,250% dividend for its shareholders and fixed its record date set to fall next week.

Hero MotoCorp shares ended 0.55% higher at Rs 4,445.6 per share on BSE on Thursday, July 17. The stock value has increased by around 2.67% in the last five trading sessions. Other than the upcoming dividend record date, Hero MotoCorp's annual report (released earlier this week) is another reason that has raised investors' interest towards the auto stock.

The two and three-wheeler manufacturer had signalled that the financial year (FY 2025-26) will be a crucial year for international growth and may see further strengthening of its business.

Hero MotoCorp Dividend

The company will pay a 3,250% final dividend to its shareholders for the financial year 2024-25. A company announces to pay a dividend to its eligible shareholders for the distribution of a portion of profit earned during the period.

The company's board of directors approved the "Recommendation of final dividend @ 3,250% i.e. Rs. 65/- per share (face value of Rs. 2/- per equity share)." However the dividend will be subject to approval of the members of the Company at the ensuing 42nd Annual General Meeting (AGM). Hero MotoCorp dividend payment will be completed within a month after the declaration of the AGM, scheduled to take place on August 5.

Hero MotoCorp Dividend Record Date

The company has fixed July 24 as the dividend record date to determine the eligibility of its shareholders. "Under Regulation 42 of the Listing Regulations, the Company has fixed the record date as July 24, 2025, for the purpose of determining entitlement of the members for the final dividend (if declared at the 42nd AGM)," read a company press release.

How To Get Eligible For the Dividend Record Date?

To become eligible for the dividend record date, it is important for investors to purchase the company scrip on or before the dividend record date, ie July 24. The Hero MotoCorp's dividend payment will also be subject to tax deducted at source (TDS) in certain cases.
"As you may be aware, in terms of the provisions of the Income Tax Act, 1961 ('the Act'), as amended by the Finance Act, 2020, dividend declared and paid by a Company on or after April 1, 2020 shall be taxable in the hands of the Shareholder. The Company will, therefore, be required to deduct tax at source ('TDS') at the time of making payment of final dividend," noted the company in its press release.

Hero MotoCorp Share Price Trend

Hero MotoCorp shares ended in green at Rs 4445.6 per share on BSE on Monday. The company scrip value has increased by around 17.8% in three months, but has declined around 20.3% since the beginning of the year 2025. The stock touched its 52-week low mark of Rs 3,322.60 per share on BSE on 7 April, 2025. Meanwhile, the stock touched its 52-week high mark of Rs 6,245 per share on BSE on 24 September, 2024.