Hero MotoCorp, a leading two-wheeler maker, is paying a ₹65 per share dividend.
The stock trades ex-dividend from July 24; shares bought after this date won’t
get the payout.
Investors holding shares before July 24 are eligible for the dividend.
The payout reflects the company’s strong financial health and consiste
nt profits.
Analysts expect strong demand for Hero MotoCorp shares due to robust sales and a
growing product line.
The company benefits from rising two-wheeler demand in rural and semi-urban areas.
Regular dividends show management’s confidence in future cash flows and profits.