Aditya Birla Sun Life AMC Limited has informed the Exchange that Board of Directors at its Meeting held on April 28, 2025, recommended Dividend of Rs. 24 per equity share for the Financial Year 2024-25.
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The Board of Directors of Aditya Birla Sun Life AMC Limited met on April 28, 2025, and recommended a dividend of Rs. 24 per equity share for the financial year 2024-25. This is the dividend amount proposed for shareholder approval, typically at the upcoming Annual General Meeting. The dividend reflects the company's profit distribution policy for the just-concluded fiscal year. Shareholders need to check the record date (to be announced separately) to be eligible for receiving this payout.
At recent trading levels around Rs. 700-800 per share, this dividend translates to a yield of roughly 3%, offering a reasonable income return for shareholders. The announcement is generally positive for investors looking for regular income, though the stock may see mild ex-dividend adjustment once the record date is set.