Metro Brands will be in focus today as their shares trade ex-dividend on March 7, 2025. The companies have set this date as the record date to determine shareholders eligible for the dividend payout.
Under the T+1 settlement rule, investors had to buy shares of Metro Brands by March 6, 2025, to be eligible for the dividend. Only shareholders whose names appear in the company’s records as of March 7 will receive the dividend.
Metro Brands has declared both an interim and a special dividend.
Investors who held these stocks as of the record date will receive their dividend within the stipulated timeframe.
Metro Brands, formerly known as Metro Shoes, is a Mumbai-based multi-brand footwear retail company in India. As of 2021, it has 598 stores across 136 cities nationwide.
As of March 7, 2025, at 10:02 AM IST, Metro Brands share price is trading at ₹1,134.25, down by ₹3.85 (0.34%). The stock opened at ₹1,120.55, reached a high of ₹1,136.90, and a low of ₹1,120.55. The company has a market capitalisation of ₹30,850 crore, a P/E ratio of 75.35, and a dividend yield of 0.53%. Its 52-week high stands at ₹1,430.00, while the 52-week low is ₹990.05.
Shareholders as of March 7, 2025, will receive dividends as per schedule, with payouts expected within 30 days for Metro Brands.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Mar 7, 2025, 10:18 AM IST
Kusum Kumari
Kusum Kumari is a Content Writer with 4 years of experience in simplifying financial market concepts. Currently crafting insightful content at Angel One, She specialise in breaking down complex topics into easy-to-understand pieces, blending expertise in market fundamentals and technical analysis.
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