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Rs 24 dividend + Rs 23 special dividend: July 18 is Record date – Do you own?

UTI Asset Management share price: Shares of UTI Asset Management Company Limited will trade ex-dividend on Wednesday, July 18. A dividend is a cash reward given to shareholders by the company from its profits. The Company has recommended dividend of 240% and special dividend 230% for the financial year 2024. Ex-date is the cutoff day on and after which the dividend loses its value for the next payment.

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UTI Asset Management Company dividend 2024 record date

UTI Asset Management Company announced a dividend of Rs 24 per share and special dividend of Rs 23 per share for the financial year 2024. The stock has a face value of Rs 10. Record Date for the purpose of Final Dividend is Thursday, the 18th July, 2024.

UTI Asset Management share price

Shares of UTI Asset Management Company Ltd closed at 1,107.90 per share with a gain of 3.29% on Tuesday, July, 16.

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UTI Asset Management market cap

UTI Asset Management has a market cap of Rs 14,102.82 crore as per BSE analytics. The stock’s 52-week movement indicates a high of Rs 1,113 and a low of Rs 735.75. The stock has a face value of Rs 10 each. The Earnings Per Share (EPS) for Asset Management Company is at Rs 47.18 per share on the basis of Twelve Trailing Months (TTM). EPS indicates how much money a company earns on each stock. The P/E ratio of the stock is at 23.48. P/E ratio indicates the fair valuation of the company relative to its peers.

UTI Asset Management FY24 performance

UTI Asset Management’s revenue for FY24 stood at Rs 1,337.31 crores, with a net profit of Rs 600.52 crore.

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UTI Asset Management share price history

UTI Asset Management stocks have given positive returns to investors in the past few years. The stocks are up around 10.68% in the past one month, compared to 4.49% to BSE Financial Charges. The one- and three-year return of the stocks stood at 33.19% and 26.11%.

(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)

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