Aditya Birla Sun Life AMC Ltd Declares Interim Dividend of Rs 5.6

Aditya Birla Sun Life AMC Ltd Declares Rs 5.6 Interim Dividend (Q2FY22)

The Board of Directors of Aditya Birla Sun Life AMC Ltd (ABSLAMC) held its meeting on 25 October 2021. It has declared Interim Dividend of Rs 5.6 per equity share for the financial year 2021-22. The Board Meeting commenced at 12.00 PM and concluded at 1.24 PM.

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Aditya Birla Sun Life AMC Ltd Q2FY22 Result

The company reported 38 per cent jump in profit at Rs 173.1 crore for September quarter 2021-22. The company had posted a profit after tax of Rs 125.4 crore in the year-ago period. Total revenues rose 28 per cent to Rs 372.2 crore in the period under review from Rs 291 crore in the quarter ended September 30, 2020.

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Aditya Birla Sun Life AMC Ltd Dividend Record Date

The company in its letter has informed the exchanges that it has fixed 8 November 2021 as the Record date. Further, payment of dividend will be made to those shareholders whose names appear as Beneficial Owners as at the close of business hours on 8 November 2021.

Moreover, to receive dividend, you must have shares in your demat account on record date. Hence, you should buy shares before ex-dividend date. Note – In conclusion, if you buy shares on ex-dividend date, you will not be eligible to receive dividend. Bookmark our website for latest and upcoming dividend announced by companies in 2021.

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Above all, here is the copy of statement, the company has sent to the exchanges:

We would like to inform you that, the Board of Directors of the Company at its meeting held today i.e.
Monday, October 25, 2021, have inter-alia approved declaration of an Interim Dividend of Rs. 5.6 per equity share of face value of Rs. 5 each for the financial year 2021-22.

Important Dates

  • Company – Aditya Birla Sun Life AMC Ltd
  • Script Name – ABSLAMC (NSE) and 543374 (BSE)
  • Dividend Amount – 5.6 Rs Per Share
  • Dividend Type – Interim
  • Ex-Dividend Date – 3 November 2021
  • Record Date – 8 November 2021
  • Payment Date – 24 November 2021

Also, you can find more information about Aditya Birla Sun Life AMC Limited on National Stock Exchange and Moneycontrol – Aditya Birla Sun Life Asset Management Company is an investment managing company registered under the Securities and Exchange Board of India. It is a joint venture between the Aditya Birla Capital of India and the Sun Life Financial Inc. of Canada. The company offers sector-specific equity schemes, fund of fund schemes, hybrid and monthly income funds, debt and treasury products and offshore funds.

 

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