United Breweries Ltd Declares Dividend of Rs 0.5

United Breweries Ltd Declares Dividend of Rs 0.5

The Board of Directors of United Breweries Ltd (UBL) at its meeting held on 27 April 2021, has declared Dividend of Rs 0.5 per equity share. The Board Meeting commenced at 01:00 p.m. and concluded at 06.40 p.m.

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United Breweries Ltd Q4 Result

The country’s biggest brewer said its net profit for the quarter ended March increased 134.91% to Rs 96.76 crore from Rs 41.19 crore a year earlier. It posted a 17.06% increase in net sales for the fourth quarter at Rs 3628.5 crore against Rs 3099.58 crore a year earlier.

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United Breweries Ltd Dividend Record Date

The company in its letter has informed the exchanges that it has fixed 2 July 2021 as the Record date. Payment of dividend will be made to those shareholders whose names appear as Beneficial Owners as at the close of business hours on Friday, 2 July 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 – 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 are furnishing herewith Audited Financial Results (Standalone and Consolidated) of the Company for the Quarter and Year ended March 31, 2021. The Board of Directors of the Company at its meeting held today has also recommended payment of Dividend @ 50% i.e. Re 0.50 per equity share of Re. 1/- each.

Important Dates

  • Company – United Breweries Ltd
  • Script Name – UBL (NSE) and 532478 (BSE)
  • Dividend Amount – 0.5 Rs Per Share
  • Dividend Type – Normal
  • Ex-Dividend Date – 1 July 2021
  • Record Date – 2 July 2021
  • Payment Date – 8 August 2021

Also, you can find more information about United Breweries Ltd on National Stock Exchange and Moneycontrol – United Breweries Ltd a flagship company of UB Group, is engaged in the manufacturing and marketing of beer.

 

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