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Hero MotoCorp Ltd dividend

Hero MotoCorp Ltd dividend

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Hero MotoCorp Ltd

NSE: HEROMOTOCO

DPS

100

Last updated : FY 2023

Key Highlights

    The Dividend per Share of Hero MotoCorp Ltd is ₹ 100 as of 2023 .a1#The Dividend Payout of Hero MotoCorp Ltd changed from 51.34 % on March 2019 to 68.66 % on March 2023 . This represents a CAGR of 5.99% over 5 years. a1#The Latest Trading Price of Hero MotoCorp Ltd is ₹ 5601 as of 20 Jun 10:42 .a1#The Market Cap of Hero MotoCorp Ltd changed from ₹ 51035 crore on March 2019 to ₹ 46905 crore on March 2023 . This represents a CAGR of -1.67% over 5 years. a1#The Revenue of Hero MotoCorp Ltd changed from ₹ 8503 crore to ₹ 9794 crore over 8 quarters. This represents a CAGR of 7.32% a1#The EBITDA of Hero MotoCorp Ltd changed from ₹ 975.78 crore to ₹ 1496 crore over 8 quarters. This represents a CAGR of 23.83% a1#The Net Profit of Hero MotoCorp Ltd changed from ₹ 585.58 crore to ₹ 943.46 crore over 8 quarters. This represents a CAGR of 26.93% a1#

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Share Price Vs Dividend Yield

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Fundamental Metrics

Market Cap

112,849 Cr

EPS

193.2

P/E Ratio (TTM) *

29.2

P/B Ratio (TTM) *

6.4

DTE *

0.0

ROE *

21.2

ROCE *

28.0

Dividend Yield *

4.26

DPS *

100

Dividend Payout *

68.66

Ann.Dividend % *

5000

* All values are consolidated

Last Updated time: 20 Jun 05:18 AM

* All values are consolidated

Last Updated time: 20 Jun 05:18 AM

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Dividend Payout Over Time

Dividend payout refers to the total dividends paid to shareholders relative to the company's earnings. It is a financial measure that determines the percentage of earnings paid out to existing shareholders as dividends. How to calculate Dividend Payout Ratio? The dividend payout ratio formula is as follows: DPR = Dividends paid / Net earnings With the dividend payout ratio, you can understand the company's priorities. It is an important metric that allows you to easily check DPR online.

Dividend Payout Over Time

Period
Mar '1951
Mar '2049
Mar '2171
Mar '2277
Mar '2369

* All values are a in %

Dividend per Share (DPS) Over Time

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DIVIDENDYIELD

Dividend Yield is a financial ratio that shows the annual dividend income relative to the market price of a share. It is calculated by dividing the dividend per share by the current market price per share, expressed as a percentage.

Dividend Yield Comparison With Top Peers

1M

1Y

3Y

5Y

* All values are in %

Net Profit Vs Dividend Per Share

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Hero MotoCorp Ltd

NSE: HEROMOTOCO

PRICE

5601.75

-42.65 (-0.76%)

stock direction

Last updated : 20 Jun 10:42

SWOT Analysis Of Hero MotoCorp Ltd

Strength

3

S

Weakness

2

W

Opportunity

0

O

Threats

1

T

BlinkX Score for Hero MotoCorp Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Overview of Dividend

Types of Dividend


Special Dividend

A dividend is paid on common stock when a company has accumulated substantial profits over years, often seen as excess cash that doesn't need immediate use.


Preferred Dividend

A quarterly dividend is paid to preferred stock owners, typically accumulating a fixed amount, and is earned on shares that function more like bonds.


Interim Dividend

Companies declare interim dividends before final full-year accounts are prepared, specifically in India, during the financial year from April to March of the following year.


Final Dividend

A final dividend is issued after the year's accounts have been compiled. Aside from this, the following list highlights the most prevalent sorts of dividends:


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Market Cap Over Time

Market Cap or market capitalisation refers to metrics that are used to measure a company's size. It is defined as the total market value of a company's outstanding shares of stock. Formula of Market Cap: Market Capital = N * P Here, N for the outstanding shares P refers to the closing price of the company's shares. Types of Companies based on Market Cap: - Small-Cap stocks: Up to 500 Crore - Mid-Cap Stocks: From Rs.500 crore up to Rs.7,000 crore - Large-Cap Stocks: From Rs.7,000 crore up to Rs.20,000 crore

Market Cap Over Time

Period
Mar '1951035
Mar '2031842
Mar '2158239
Mar '2245893
Mar '2346905

* All values are a in crore

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Revenue Over Time

Revenue term means the amount of money a company earns from its primary business activities such as the sales of its products & services. Types of Revenue: 1. Operating revenue: It refers to the income generated from the core business activities, which are sales of goods or services rendered. 2. Non-Operating revenue: It is the income generated from secondary sources unrelated to the primary business. Examples include rents, dividends, interest, and royalty fees. Formula for Revenue: The formula for calculating revenue is based on two goods & services: For goods: Revenue = Avg unit price x Number of Units sold For services: Revenue = Avg unit price x Number of Customers served.

Revenue Over Time

Period
Jun '228503
Sep '229252
Dec '228383
Mar '238672
Jun '239077
Sep '239746
Dec '2310076
Mar '249794

* All values are a in crore

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EBITDA Over Time

PBIDT stands for Profit Before Interest, Depreciation, and Taxes. It is a financial metric that measures a company's profitability before accounting for interest expenses, depreciation of assets, and taxes. Formula to calculate PBIDT: PBIDT = Net Income + Interest + Depreciation + Taxes or PBIDT = Operating Income + Depreciation + Taxes PBIDT vs EBITDA vs EBIT vs EBT: Here is a brief explanation of the differences: - PBIDT (Profit Before Interest, Depreciation, and Taxes) includes taxes in its calculation, unlike EBITDA. - EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) excludes taxes and interest, focusing on operational performance. - EBIT (Earnings Before Interest and Taxes) excludes interest and taxes, providing a measure of core operational profitability. - EBT (Earnings Before Taxes) includes all operating income but does not account for interest expenses. Conclusion: PBIDT, similar to EBITDA, is a measure of operational profitability but includes taxes in its calculation.

EBITDA Over Time

Period
Jun '22976
Sep '221156
Dec '221207
Mar '231327
Jun '231183
Sep '231572
Dec '231673
Mar '241496

* All values are a in crore

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Net Profit Over Time

Net profit is the amount of money a company retains after accounting for all expenses, depreciation, interest, taxes, and other deductions. Net Profit formula is expressed as: Net Profit = Total Revenue - Total Expense Net Profit Margin Ratio: Net Profit Margin Ratio = Net Profit / Total Revenue

Net Profit Over Time

Period
Jun '22586
Sep '22682
Dec '22721
Mar '23811
Jun '23701
Sep '231007
Dec '231091
Mar '24943

* All values are a in crore

About Hero MotoCorp Ltd

About Hero MotoCorp Ltd

    Hero MotoCorp Limited is the world's largest manufacturer of two wheelers'. The Company is engaged in the manufacturing and selling of motorised two-wheelers, spare parts and related services. The Company has over 9.50 million annual production capacity across 8 manufacturing facilities i.e., 6 in India and one each in Colombia and Bangladesh. The Company offers a range of bikes starting from CD Dawn, CD Deluxe, Splendor Plus, Splendor NXG, Passion and Passion Pro. The 125 cubic centimeter segment offers Glamour, Super Splendor and Glamour F1. It has an offering called Achiever in 135 cubic centimeter segment. In the 150 cubic centimeter and above the company offers brands like Hunk, CBZ X-treme, Karizma and the Karizma ZMR. It also offers a 100 cubic centimeter scooter, Pleasure. Hero MotoCorp Limited was incorporated in January 19th, 1984 under the name 'Hero Honda Motors Ltd.' The Company was established as a Joint Venture Company between Honda Motor Company of Japan and Hero Group. In year 1983, they signed a Joint Collaboration Agreement and formed the Company. The joint venture between India's Hero Group and Honda Motor Company, Japan has not only created the world's single largest two wheeler company but also one of the most successful joint ventures worldwide. In the year 1985, the Company commenced their commercial production at Dharuhera plant in Haryana and introduced their first motorcycle, CD 100 in the market. In the year 1989, they launched the new motorcycle model, Sleek in the market and in the year 1991, they introduced new motorcycle model, CD 100 SS in the market. In the year 1995, the company introduced their extraordinary product, Splendor in the market. In the year 1997, the Company inaugurated their second manufacturing facility at Gurgaon in Haryana. Also, they introduced new motorcycle model, Street in the market. In the year 1999, they launched Hero Honda CBZ, the first 150cc motorcycle in the Indian two wheeler industry. In the year 2001, the company introduced new models, Passion and Joy in the market. In the next year, they introduced new models, Dawn and Ambition in the market. In the year 2003, the company launched new motorcycle models namely, CD Dawn, Splendor+ and Passion Plus in the market. Also, they launched Hero Honda Karizma, the industry's first 223cc motorcycle. In the year 2004, they introduced new models, Ambition 135 and CBZ* in the market. During the year, they renewed the joint technical agreement with the Honda Motors Company, Japan. In the year 2005, the company launched Super Splendor, CD Deluxe, Glamour and Achiever in the market. In the year 2006, the company forayed into scotter segment and launched 100cc gearless scotter, Pleasure in the market. In the year 2007, the company launched Splendor NXG, CD Deluxe, Passion Plus and Hunk in the market. During the year 2007-08, the company commissioned their third plant at Haridwar in Uttarakhand with an initial installed capacity of 500,000 units. This plant had lean manufacturing and practices that ensure efficiency. During the year, the company launched new models (including variants) including Splendor NXG, Hunk, New Super Splendor, New Passion Plus, Commemorative Splendor+ and a refreshed version of Pleasure. During the year 2008-09, the company increased the installed capacity of Motorised 2 wheelers upto 350CC engine by 1800000 Nos to 5200000 Nos. Also, they launched eight models: Passion Pro (100 cubic capacity-4 Stroke), CBZ-Extreme (150 cubic capacity - 4 Stroke), Pleasure New Aesthetics, Splendor NXG (Self Start), CD Deluxe (Self Start), Glamour FI, Glamour (Carb) and HUNK Special Edition. Also, they launched new motorcycle model, Karizma - ZMR in the market. During the year 2009-10, the company increased the installed capacity of Motorised 2 wheelers upto 350CC engine by 200000 Nos to 5400000 Nos. The company launched nine new models during the year. During the year 2010-11, the company launched six new models including variants of existing models successfully. They refreshed Glamour and Glamour FI. They introduced the New Hunk, Super Splendor and Splendor Pro. The company launched the new upgraded versions of CBZ Xtreme and Karizma. Also, they breached the landmark 5 million figure cumulative sales in a single year. During the year, the Indian Promoter Group of the company, which comprised of Hero Investments Pvt Ltd (HIPL), Bahadur Chand Investment Pvt Ltd (BCIPL) and Hero Cycles Limited (Hero Cycles) re-aligned the shareholding in the company, following a family agreement. As a result, Hero Cycles transferred its shareholding in the company to HIPL on May 28, 2010. As a result of these transactions, the Indian Promoter Group of the company now comprises of HIPL and BCIPL owned and controlled entirely by the Munjal Family headed by Brijmohan Lall Munjal. Also, during the year, the Indian Promoter Group and Honda Motor Co Ltd, Japan (Honda) entered into a Share Transfer Agreement (the Agreement) on January 22, 2011. As per the terms of the Agreement, Honda had agreed to transfer its entire shareholding of 26% in the Company to the Indian Promoter Group, bringing an end to the joint venture between the two promoter groups of the company. The acquisition was completed on March 22, 2011 and the shares held by Honda were transferred to the Indian joint venture partner. In addition to the Agreement, the Indian Promoter Group and Honda also entered into a License Agreement on January 1, 2011. As per this agreement, Honda has given to the company, the right and license to manufacture, assemble, sell and distribute certain products and their service parts under their Intellectual Property Rights. In July 2011, the company changed their name from Hero Honda Motors Ltd to Hero MotoCorp Ltd. In February 2012, the company entered into a strategic partnership with Erik Buell Racing (EBR) of USA for contemporary technology and design inputs to enable the company to launch high end bikes for the domestic and international markets. In 2013, Hero Motocorp commenced construction of its new plant & Global Parts Centre. The company Commences Construction of Its 'GAME-CHANGING' Centre of Global Innovation And Research & Design. In 2014, Hero Motocorp Heralds A New Era Of Technology Leadership. The company Sets New Benchmark For The Global Two Wheeler Industry. The company Launches Splendor Ismart With Game Changing I3s Technology. The company also rides Into A Greener Tomorrow With 'GARDEN Factory' In 2015, Hero MotoCorp launched a new entry level commuter, the HF Dawn. During the year, the company has been allocated a 592-acre site to facilitate development of its Rs 1600-crore Greenfield manufacturing unit in Andhra Pradesh. HMCL Americas INC enters into 'Settlement Agreement' to Acquire EBR's Consulting Business. The company commences operation in their first ever plant outside India established in Villa Rica, Colombia. On 29 September 2015, Hero MotoCorp launched two scooters under the brands Maestro Edge and Duet. In February 2016, Hero MotoCorp showcased three new bikes Splendor iSmart 110, the Xtreme 200 S, the XF3R and an electric scooter the Duet E at Auto Expo, a trade show in New Delhi. On 10 March 2016, Hero MotoCorp formally inaugurated its world-class Global Centre of Innovation and Technology' (CIT) in Jaipur, Rajasthan. Built with an investment of Rs 850 crore, the CIT will design and develop world-class products for global markets. In April 2016, Hero MotoCorp launched a drive against unscrupulous traders selling counterfeit Hero spare parts. On 14 July 2016, Hero MotoCorp launched the new Splendor iSmart 110, the first motorcycle to be developed completely in-house with Hero's own technology. To commemorate the landmark 70 million in cumulative production of two-wheelers, Hero MotoCorp on 26 September 2016 launched a Limited Edition of a new premium motorcycle Achiever 150. The Board of Directors of Hero MotoCorp at its meeting held on 26 October 2016 approved an investment of up to Rs 205 crore, in one or more tranches, for approximately 26-30% shareholding in Ather Energy Private Limited. Ather is a Bangalore-based technology start-up engaged in the business of designing and manufacturing smart Electric Vehicles (EV) and associated charging infrastructure. On 10 November 2016, Hero MotoCorp unveiled its new Dawn 125 motorcycle at the EICMA Motorcycle show in Milan, Italy. As part of Hero MotoCorp's market-specific product strategy, the Dawn 125 motorcycle has been developed specifically for the Africa region. On 12 January 2017, Hero MotoCorp launched new Glamour motorcycle in Argentina, its first-ever global launch of a new product outside India. On 3 April 2017, Hero MotoCorp announced that the company clocked its highest-ever sales in a financial year at 66,63,903 units in FY 2017 compared to 66,32,322 units it had sold in the previous fiscal (FY 2016). In May 2017, Hero MotoCorp commenced commercial production at the second global manufacturing facility in Bangladesh. On 3 October 2017, Hero MotoCorp announced that it has set a new global benchmark in the two-wheeler industry, surpassing the seven lakh sales mark in any month. Riding on robust demand for its range of two-wheelers, the company registered its highest-ever sales for any month, despatching 720,739 units in September 2017. On 11 October 2017, Hero MotoCorp announced that it has set a new global record, clocking 2 million unit sales in Q2 September 2017. Hero MotoCorp sold 20,22,805 units of two-wheelers in Q2 September 2017, recording 11% growth over the corresponding quarter in the previous fiscal. On 7 November 2017, Hero MotoCorp unveiled the Xpulse Concept motorcycle as a world premier at the EICMA annual trade show in Milan, Italy. On 21 December 2017, Hero MotoCorp unveiled three new motorcycles - the 125cc Super Splendor, the 110cc Passion PRO and the 110cc Passion XPRO - to further augment its dominant leadership in the domestic market. On 22 December 2017, Hero MotoCorp announced that it will be increasing the ex-showroom prices of its motorcycles by about Rs 400 per model with effect from 1 January 2018 to partially off-set rising input costs. Hero MotoCorp surpassed the landmark seven million units in cumulative sales in a calendar year in 2017. The company sold a record 7,207,363 units of two-wheelers in the calendar year in 2017. During FY 2017-18, construction of sixth manufacturing facility at Sricity in Chittoor District in the state of Andhra Pradesh has commenced with a proposed capacity of 1.8 million units per annum. The company will invest Rs 1,600 crore in setting up this manufacturing facility. The plant is expected to be operational in FY 2019-20. During FY 2017-18, the second overseas plant of the company at Jessore in Bangladesh started commercial production during the first quarter. During the year 2017-18,the Company added two markets - Trinidad & Tobago and Guyana - to grow the countries in which HMCL is present in, to 37. As on 31 March 2018,the Company has 6 subsidiaries including step down subsidiaries and 3 associate companies. During FY 2018-19, construction of sixth manufacturing facility at Sricity in Chittoor District in the state of Andhra Pradesh has reached at an advanced stage with an annual installed capacity of 1.8 million units.The Company has invested approx. Rs 650 crore in Phase I out of total projected investment of Rs 1,600 crore in setting up the manufacturing facility. Phase I is expected to be operational by October 2019. Further, the overseas plant of your Company at Jessore in Bangladesh achieved its designed production capacity of 1.5 lakh units during FY 2018-19 and consolidated decent market share. As on 31 March 2019,the Company has 7 subsidiaries including step down subsidiaries and 3 associate companies. During the FY2019,the Company has set up a Tech Center in Germany as its wholly owned subsidiary under the name, Hero Tech Center Germany GmbH. The Company sold over 78.21 lakh vehicles during the financial year 2018-19, the highest by any two-wheeler company in the world. During FY 2019-20, the Company's sixth manufacturing facility in Chittoor District in the state of Andhra Pradesh was commissioned with Phase I installed capacity of 0.4 million units. The total Phase I investment is approximately Rs 700 crore out of total projected investment of Rs 1,600 crore in setting up the manufacturing facility. Transition from BSIV to BSVI emission norms has been successfully accomplished well in time across all platforms in FY 2019-20. As on 31 March 2020, Company has 6 subsidiaries including step down subsidiaries and 2 associate companies and regularly monitors the performance of these companies. During the year, the Company's wholly-owned subsidiary, HMCL (NA) Inc. which had invested in Erik Buell Racing, Inc. was dissolved and thus, Erik Buell Racing, Inc. also ceased to be the associate of the company. In July 2020, the Company invested H 84 crore in Ather Energy, taking up its shareholding in the Company to 34.58%. In November 2020, Company again invested in Series D round in the Electric Vehicle startup. In October 2020, the Company signed a distribution agreement with HarleyDavidson (H-D), under which the Company will sell and service H-D motorcycles, and sell parts and accessories and general merchandise riding gear and apparel in India. The Company has inducted 11 dealers of Harley-Davidson into its own distribution network. Starting 01 January 2021, Hero MotoCorp Ltd. has become the distributor for Harley-Davidson in India. Hero MotoCorp Ltd. and Harley-Davidson also signed a Licensing agreement under which the Company will develop and sell a range of premium motorcycles under the H-D brand name. During the FY2021, the company also entered into a strategic partnership with Gogoror Inc. to accelerate the shift from fuel based mobility to sustainable electric mobility in India. During FY 2020-21, the company entered into Mexico market and the footprint of the company reached 41 markets outside India. On 04 February 2021,the company declared a special dividendof Rs 10 per share to mark the achievement of historic milestone of achieving 100 Million cumulative production of two wheelers. The company proactively paused its operations temporarily during the second wave at all of its manufacturing facilities across the country, including its Global Parts Center (GPC) in Neemrana and its R&D facility - the Centre of Innovation and Technology (CIT), Jaipur due to the Operations escalation of Covid-19 cases across the country. The company gradually resumed its operations from 17 May 2021 by starting single shift production at three of its plants - Gurugram and Dharuhera in Haryana and at Haridwar in the northern hill state of Uttarakhand.The company resumed production at all its manufacturing plants in India from 24 May 2021. During the second quarter of FY2022, Hero MotoCorp achieved two consecutive recognitions from the Guinness World Record for creating the Largest Motorcycle Logo' in August 2021 and for creating the Largest Online Photo Album of People Planting Plants' in September 2021. During the third quarter of FY2022,the company inaugurated a flagship dealership in Dubai to expand presence in the Gulf market to 10 customer touchpoints in 5 countries.Also Partnered with Gilera Motors in Argentina to expand Hero's presence in the country - inaugurated a flagship dealership in Buenos Aires under the partnership. The Company has 6 subsidiaries including step down subsidiaries and 2 associate companies as on March 31, 2022. During FY 2021-22, the Company commenced retail sales in Mexico and introduced an extensive portfolio of products. It relaunched the Hero brand in markets like Argentina, Kenya, Honduras and Nicaragua. It strengthened presence in Gulf region, expanding network of touchpoints, including dealerships, service centres and spare parts outlets; it entered into another exclusive dealership in Dubai. It reinvigorated strategy for the Nigerian market, leading to a 978% dispatch growth. It also launched a new motorcycle, Hunter,' developed especially for the market. In March 2022, Company launched a new brand Vida'-Powered by Hero, an in-house electric vehicle brand. It forayed into the pre-owned two-wheeler business under the brand Hero Sure - Powered by Wheels of Trust'. It expanded the network by adding super stockists, authorized representatives of dealers, Hero Sure network and HGPD. It launched Xpulse 200 4V in October, 2021. It launched the new Stealth variant, Xtreme 160R, a fast-pick up bike. During the year 2022, 45 new outlets were added, which increased their footprint to 43 markets outside India. It launched the official Hero merchandise business in August, 2021. During the year 2023, Company launched VIDA V1- India's first fullyintegrated electric scooter in Delhi, Jaipur and Bengaluru. It commenced the expansion plan of reaching eight more cities in FY 2022-23. It launched 9 new models. It expanded global presence to 47 in FY 2022-23; launched Harley-Davidson X440 motorcycle and thereafter, launched the Hero Sure - Powered by Wheels of Trust' platform.

Hero MotoCorp Ltd News Hub

News

Hero MotoCorp Ltd soars 0.16%, gains for fifth straight session

Hero MotoCorp Ltd rose for a fifth straight session today. The stock is quoting at Rs 5799...

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13 Jun 202413:00

News

Hero MotoCorp Ltd spurts 1.82%, gains for third straight session

Hero MotoCorp Ltd gained for a third straight session today. The stock is quoting at Rs 58...

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11 Jun 202413:05

News

Hero MotoCorp to acquire additional 2.2% stake in Ather Energy

Ather Energy is engaged in the business of designing, manufacturing, selling, servicing el...

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07 Jun 202409:41

News

Hero MotoCorp Ltd soars 5.89%, rises for third straight session

Hero MotoCorp Ltd is up for a third straight session today. The stock is quoting at Rs 562...

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05 Jun 202413:05

News

Hero MotoCorp two-wheeler sales dip 4% YoY in May’24

While the company’s motorcycles sales shed by 3.71% to 471,186 units, scooters sales dropp...

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03 Jun 202412:07

News

Hero MotoCorp joins ONDC network for selling two-wheeler parts and accessories

Hero MotoCorp has joined the ONDC Network, thereby becoming the first auto company in the ...

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14 May 202410:16

FAQs for dividends of Hero MotoCorp Ltd

What is the current market price of Hero MotoCorp Ltd Ltd as of June 20, 2024?

The current market price of Hero MotoCorp Ltd Ltd stands at 5601.8 per share.

What dividend did Hero MotoCorp Ltd declare in the last fiscal year?

In the last fiscal year, Hero MotoCorp Ltd declared a dividend totaling ₹140.0.

What is the most recent dividend declared by Hero MotoCorp Ltd?

Hero MotoCorp Ltd recently declared a dividend of 0.0 in the latest quarter

How many times has Hero MotoCorp Ltd declared dividends in the current fiscal year

Hero MotoCorp Ltd has declared dividends 4 times totaling ₹100 in the current fiscal year (FY2023-2024).

How many times did Hero MotoCorp Ltd declare dividends in the previous fiscal year?

In the previous fiscal year (FY2022-2023), Hero MotoCorp Ltd declared dividends 4 times totaling ₹185.
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