Hero Honda declares interim dividend of Rs 70 per share

MUMBAI: Hero Honda Motors Ltd, India's largest motorcycle maker, on Wednesday said its board has declared an interim dividend of 70 rupees ($1.6) per share.

Last month, Hero Investments agreed to buy Honda Motors' 26 percent stake in Hero Honda Motors for around $851 million, with the Japanese automaker exiting its joint venture in India after more than 26 years.