ADC India Communications Announces 250% Interim Dividend

Market Performance

ADC India Communications' share price significantly increased following the announcement of a 250% interim dividend for the financial year 2024-2025. The stock opened higher by over 2% at ₹1,209.95 per share compared to its previous closing price. During intraday trading, it climbed approximately 7% to reach ₹1,263 per share on the BSE.

Year-to-date, the company's stock has decreased by 24%. However, over the past year, it has risen by 40%. In the last two years, the stock has increased by 115%, and over the past five years, it has surged by 938%.

Dividend Announcement

On March 25, 2025, ADC India Communications' board declared an interim dividend of ₹25 per equity share with a face value of ₹10, amounting to a 250% dividend for FY25. The record date to determine shareholder eligibility is April 2, 2025. The company has indicated that the dividend will be paid on or before April 23, 2025.

Previously, the company announced a final dividend of ₹25 per share and a special dividend of ₹5 per share, with the record date fixed on August 2, 2024. In the last 12 months, the company has declared a total equity dividend of ₹30.00 per share, with a dividend yield of 2.40% based on the current share price. Since April 2023, ADC India Communications has declared 28 dividends.

Company Overview

ADC India Communications operates within the telecommunications sector. The company has a record of issuing consistent dividends.

Summary

ADC India Communications has declared an interim dividend of ₹25 per share for FY25, representing a 250% payout. The record date for eligibility is April 2, 2025, and payment is expected by April 23, 2025. Following the announcement, the company's share price experienced a notable increase. Despite a 24% decline in the stock's value this year, it has shown substantial long-term growth over the past five years.