Hero MotoCorp Fixes July 23 as Cut-Off for ₹65 Dividend Eligibility

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has set July 23 as the last day to buy shares to be eligible for its ₹65 per share final dividend for FY25. The record date is July 24 under the T+1 settlement cycle. The total payout amounts to around ₹1,300 crore. In FY24, shareholders received a total dividend of ₹165 per share. For the March quarter, the company posted ₹9,900 crore in revenue (+4% YoY), EBITDA of ₹1,420 crore (+4%), and a 14.2% EBITDA margin. Brokerages remain mixed—JPMorgan cited strong pricing-led earnings, while Goldman Sachs called the performance in line.