UTI Asset Management Company Limited has informed the Exchange that Board of Directors at its meeting held on April 29, 2025, recommended Final Dividend of Rs. 48 per equity share.
UTIAMC · price
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On the reaction day the stock moved 3.8 pts less than Nifty Smallcap 250 and 3.8 pts less than its Asset Management Company peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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UTI Asset Management Company Limited has announced that its Board of Directors, at a meeting held on April 29, 2025, has recommended a Final Dividend of Rs. 48 per equity share. This is subject to shareholder approval at the upcoming Annual General Meeting. The dividend payout reflects the company's strong financial performance and commitment to returning value to shareholders. The record date and book closure details for determining eligible shareholders are typically communicated separately by the company.
This substantial dividend announcement is likely to be viewed positively by income-focused investors and may support short-term stock price action. Shareholders holding shares before the record date will be eligible to receive the dividend payout.