UTI Asset Management Company Ltd Dividend 2024 : Should UTI Asset Management Company Ltd be a part of your dividend portfolio?
UTI Asset Management Company Ltd is one of the most popular Financial Services company in the world with a market capitalisation of ₹12,070.95Cr. Its share price is ₹947.45 as on 25 April,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, UTI Asset Management Company Ltd gave ₹43 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Financial Services stocks do not always pay a dividend but as UTI Asset Management Company Ltd pays dividends to reward its shareholders.
In the quarter ending March 2023, UTI Asset Management Company Ltd has declared dividend of ₹22 - translating a dividend yield of 4.54%.
Let's look at UTI Asset Management Company Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
UTI Asset Management Company Ltd’s revenue were ₹450.21Cr in the quarter ending December 2023. The revenue grew by 53.45% year on year basis since last quarter.
UTI Asset Management Company Ltd’s profits were ₹185.70Cr in the quarter ending December 2023. The profits grew by 207.25% year on year basis since last quarter.
UTI Asset Management Company Ltd’s dividend was ₹22 in the quarter ending March 2023.
UTI Asset Management Company Ltd Dividend related ratios:
Last dividend date: 26/04/2023
Current Dividend Yield: 4.54%
Annual dividend payment: ₹43
UTI Asset Management Company Ltd Dividend v/s UTI Asset Management Company Ltd Share price
History of UTI Asset Management Company Ltd's Dividend payments
Ex/EFF DATE
TYPE
CASH AMOUNT
DECLARATION DATE
RECORD DATE
18/07/2023
CASH
₹22
26/04/2023
19/07/2023
15/07/2022
CASH
₹21
27/04/2022
19/07/2022
19/07/2021
CASH
₹17
29/04/2021
22/07/2021
19/11/2020
CASH
₹7
29/10/2020
21/11/2020
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