The Board of Directors of UTI Asset Management Company (UTIAMC) at its meeting held on Wednesday, i.e. 28th April, 2021 has recommended final dividend of Rs 17 per equity share for the financial year ended 31st March 2021. The Board Meeting commenced at 19:30 hrs IST on 28th April, 2021 and concluded at 00:20 hrs IST on 29th April, 2021.
UTI Asset Management Company Quarterly Result
Q4 FY 21 Revenue from Operations was at Rs. 289 Crore up by 112%, which includes Sale of Services Rs. 236 Crore up by 29%. Operating Expenses was at Rs. 141 Crore down by 12% & Profit before Tax was at Rs. 152 Crore up by 1113%. Dividend per share increases to Rs. 17 (Final Dividend for FY 21) as against Rs. 7 (Final Dividend for FY 20) per share.
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UTI Asset Management Company Dividend Record Date
The record date/ cut-off date for the purpose of determining the name of members for entitlement of dividend, if declared, at the ensuing AGM of the Company, will be 21 July 2021.
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. So, 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 at their meeting held on 28th April, 2021 has recommended a final dividend of Rs. 17 per equity share of face value of Rs. 10/ each for the financial year ended 31st March, 2021, subject to the approval of the shareholders at the Annual General Meeting (AGM) of the Company.
Important Dates
- Company – UTI Asset Management Company
- Script Name – UTIAMC (NSE) and 543238 (BSE)
- Dividend Amount – 17 Rs Per Share
- Dividend Type – Final
- Ex-Dividend Date – 19 July 2021
- Record Date – 21 July 2021
- Payment Date – 27 August 2021
You can find more information about UTI Asset Management Company on National Stock Exchange and Moneycontrol – UTI Mutual Fund is the oldest and one of the largest mutual funds in India with over 10 million investor accounts under its 230 domestic schemes/plans as of September 2017.
