UTI Asset Management Company Ltd Dividend 2024 : Should UTI Asset Management Company Ltd be a part of your dividend portfolio?
UTI Asset Management Company Ltd is one of the most popular Financial Services company in the world with a market capitalisation of ₹16,358.77Cr. Its share price is ₹1,282.50 as on 21 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, UTI Asset Management Company Ltd gave ₹69 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
- Financial Services stocks do not always pay a dividend but as UTI Asset Management Company Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2024, UTI Asset Management Company Ltd has declared dividend of ₹24 - translating a dividend yield of 5.38%.
Let's look at UTI Asset Management Company Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- UTI Asset Management Company Ltd’s revenue were ₹540.07Cr in the quarter ending September 2024. The revenue grew by 33.16% year on year basis since last quarter.
- UTI Asset Management Company Ltd’s profits were ₹239.17Cr in the quarter ending September 2024. The profits grew by 30.83% year on year basis since last quarter.
- UTI Asset Management Company Ltd’s dividend was ₹24 in the quarter ending March 2024.
UTI Asset Management Company Ltd Dividend related ratios:
- Last dividend date: 25/04/2024
- Current Dividend Yield: 5.38%
- Annual dividend payment: ₹69