HDFC AMC Interim Dividend: HDFC Group’s asset management company HDFC AMC has given a big gift to its shareholders on the last trading day of the week. The company made a big announcement on Friday, which was an interim dividend.
According to the information given to the stock market on June 7, 2024, the company’s board has taken this decision after its meeting. The special thing is that since the company’s listing, the shareholders will get the biggest dividend ever. This company, HDFC Group, was listed in the market in 2018.
When Is The Record Date?
HDFC AMC has announced an interim dividend of Rs 70 per share to the shareholders for 2024. The company also told us about the record date. The company has informed the stock market that the dividend’s record date has been fixed as Tuesday, June 18, 2024, i.e. Tuesday. The dividend money will come into the investors’ account by June 30, 2024. The company is issuing this dividend at a face value of Rs 5.
After the dividend announcement, the company’s AGM, which will be held on July 25, will approve the dividend to the shareholders.
Know The Details Of The Company’s Dividend History?
HDFC AMC announced a dividend of Rs 48 per share last year. At the same time, in 2022, the company gave the shareholders a dividend of Rs 42. At the same time, in 2021, HDFC AMC gave a dividend of Rs 34 per share. At the same time, in 2020, the company announced a dividend of Rs 28, and in March and July 2019, this asset management company announced a dividend of Rs 12 per share.
The Company Reappointed Navneet Munot As MD and CEO
Along with the dividend, the company has also provided information about its Managing Director and Chief Executive Officer. HDFC AMC has again appointed Navneet Munot as the company’s MD and CEO. Navneet will hold this position for five years, from June 1, 2024, to June 30, 2024.
