United Spirits share price will be in focus today. The company’s board of directors will meet to declare a dividend. United Spirits shares closed slightly lower in the previous session. This was ahead of the board meeting.
The meeting of the board of directors of United Spirits is scheduled for today. The purpose is to consider and approve an interim dividend.
The company has not yet announced the payment date for the dividend. The board meeting will decide on the declaration. If declared, the payment date will be announced later.
United Spirits has revised its record date for dividend payment. The new record date is Thursday, April 3, 2025. Previously, the company had set April 2 as the record date. The interim dividend, if declared, will be paid to shareholders. Their names must appear on the company’s register.
Alternatively, they should be in the records of the depositories. This is because dividends are only paid to beneficial owners of the shares.
United Spirits last declared a final dividend on July 12, 2024. The dividend was ₹5.00 per equity share. Before that, the company issued an interim dividend. This was ₹4.00 per share on November 17, 2023.
Earlier, United Spirits announced dividends in 2013 and 2012. Both were ₹2.50 per share.
The United Spirits share price has shown a marginal gain recently. It increased by 1% over the past month. However, the stock has declined this year. On a year-to-date basis, it is down by 18%.
Over the past year, United Spirits shares have surged by 21%. In the last two years, the stock has gained 78%. Over 5 years, United Spirits stock has delivered strong returns of 178%.
On Wednesday, United Spirits share price ended lower. The decrease was 0.48%. The closing price was ₹1,359.60 apiece on the BSE.
United Spirits’ board is meeting today to decide on an interim dividend. The record date for the dividend has been revised to April 3, 2025. The stock has shown mixed performance recently.
As of 2.01 PM, the United Spirits share price was up by 2.49% and was trading at ₹1,395.40.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.
Published on: Mar 27, 2025, 2:13 PM IST
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