The Board of Directors of HDFC Asset Management Company Ltd (HDFCAMC) held its meeting on 27 April 2021. It has declared Dividend of Rs 34 per equity share for the year 2020-21. The Board Meeting commenced at 1 p.m. and concluded at 3:35 p.m.
HDFC Asset Management Company Ltd Q4 Result
The company reported a 26.52 per cent growth in profit after tax (PAT) at Rs 316.08 crore for Q4FY21. It had posted a PAT of Rs 249.83 crore in the same period a year ago. Total income rose by 21.34 per cent to Rs 545.57 crore from Rs 449.62 crore in the same quarter of the preceding fiscal.
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HDFC Asset Management Company Dividend Record Date
The company in its letter has informed the exchanges that it has fixed 30 June 2021 as the Record date to determine shareholders who will be eligible to receive final dividend.
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 other words, 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.
Moreover, here is the copy of statement, the company has sent to the exchanges:
We wish to inform you that the Board of Directors of HDFC AMC Limited (“the Company”) at its meeting held today i.e. April 27, 2021, has, inler-alia, approved the audited financial results of the Company for the quarter and year ended March 31, 2021. Further, the Board of Directors in the said meeting has recommended a dividend of Rs. 34/- per equity share of Rs. 5/- each of the Company.
Important Dates
- Company – HDFC Asset Management Company Ltd
- Script Name – HDFCAMC (NSE) and 541729 (BSE)
- Dividend Amount – 34 Rs Per Share
- Dividend Type – Normal
- Ex-Dividend Date – 29 June 2021
- Record Date – 30 June 2021
- Payment Date – Within 30 days
Also, you can find more information about HDFC Asset Management Company Ltd on National Stock Exchange and Moneycontrol – HDFC AMC Ltd is the investment manager to HDFC Mutual Fund (HDFC MF) the largest mutual fund in India with total AUM of Rs.343938 Crore as of March 31 2019.
