This Small Cap AMC Inventory Is Paying 210% Last Dividend, Turning Tomorrow Ex-dividend

210% Last Dividend

UTI Asset Administration Firm Restricted in its board assembly held on 26 April 2022 has beneficial a last dividend of 210% equal to Rs 21 per fairness share.

The Board of Administrators of UTI Asset Administration Firm in its filings to NSE and BSE has stated, “The ultimate dividend of Rs.21/- has been beneficial on every fairness share of face worth of I0/- for the monetary yr ended 31. Topic to the approval of the shareholders on the nineteenth Annual Basic Assembly of the Firm in March, 2022.

Ex-Date and File Date – It’s value noting that the ex-date of dividend declared is tomorrow, fifteenth July 2022. The corporate fixes 18 July 2022 because the file date for a similar.

UTI AMC Dividend History

UTI AMC Dividend Historical past

UTI AMC has declared 3 dividends since its itemizing on the trade in 2022. All 3 declared dividends are last dividends together with latest dividends. The corporate has declared fairness dividend of Rs.17.00 per share within the final 12 months. The corporate declared the primary last dividend of 70% on November 19, 2022 equal to Rs.7 per fairness share.

    Stock Outlook - Returns and Performance

Inventory Outlook – Returns and Efficiency

UTI AMC yesterday closed at Rs 666.10 per share, at this time it opened at Rs 670.40 per share. The present market worth (CMP) of the share is Rs 64.70 per share, which is 0.21% decrease than the earlier shut. Its CMP is buying and selling at Rs 69.7, up from the 52-week low of Rs 595 recorded on seventeenth final month. A 52-week excessive of Rs 1,216.20 per share was recorded on 08 September 2021.

The inventory’s ROE is 13.27%. Its PE ratio is 20.32, whereas the sector PE ratio is 24.81. The Pb ratio is 2.70. TTM EPS is Rs 32.91. Its face worth is Rs 10. The dividend yield is 3.14. It’s a small cap AMC inventory with a market capitalization of Rs 8,487 crore.

It has declared 0.26% in final 1 week, nevertheless its share has elevated by 3.31% in final 1 month. Within the final 3 months, the inventory slipped 30.61% and 19.4% respectively in 1 yr. It has gained 39.97% since its itemizing on the trade.

About - UTI Asset Management Company Limited

About – UTI Asset Administration Firm Restricted

UTI Asset Administration Firm Restricted (UTI AMC) was integrated on 14 November 2002 and commenced operations on 1 February 2003. UTI AMC is promoted by 4 sponsors particularly State Financial institution of India Life Insurance coverage Company of India Financial institution of Baroda and Punjab Nationwide Financial institution and every of them holds 25% of the paid-up capital of UTI AMC. It’s a professionally managed firm led by its environment friendly Board of Administrators, having experience in numerous fields and a devoted Administration staff having requisite expertise and expertise. UTI Mutual Fund has an extended and distinguished pedigree, together with a nationwide distribution community unfold throughout the nation. UTI Mutual Fund has a reliable {and professional} fund administration staff to take care of investments and a robust in-house analysis staff to trace, analysis and consider macro-economic indicators, capital markets and monetary sectors. It has applicable and sturdy threat administration practices and follows a five-tier funding administration construction. Advisory, choice making, execution, fund accounting and management.

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