Ramkrishna Forgings shares will trade ex-dividend on Tuesday following the announcement of an interim dividend of INR0.50 ($0.0067) for the fiscal period 2022-23. The record date was set at 9 May, with eligibility to receive the dividend to be determined by the end of the same day. The dividend yield stands at 0.49% based on the INR1.70 equity dividend per share paid over the past year. The company makes steel and iron forgings, with applications mainly in the automotive industry, as well as railway and defence sectors.