UltraTech Cement Limited has informed the Exchange that Board of Directors at its meeting held on April 28, 2025, recommended Final Dividend of Rs. 77.5 per equity share.
ULTRACEMCO · price
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On the reaction day the stock moved 1.7 pts less than Nifty 100 and 0.7 pts less than its Cement & Cement Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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The Board of Directors of UltraTech Cement, at its meeting held on April 28, 2025, has recommended a final dividend of Rs. 77.5 per equity share for its shareholders. This is subject to approval by shareholders at the upcoming Annual General Meeting. The final dividend, if approved, will be paid to shareholders who hold shares on the record date to be announced separately. The total annual dividend payout reflects the company's strong financial performance and consistent cash generation from its cement business operations.
Positive for shareholders as it provides direct income from their holdings. The dividend signals management's confidence in the company's profitability and stable cash flows, which may support investor sentiment and provide a floor for the stock price.