2024 United Spirits Dividend Date of Record: The business has designated July 12 as the record date to identify the qualified shareholder for this corporate action, per the exchange filing.
United Spirits dividend 2024: Amount, date of record, and additional information
Date of Record for United Spirits Dividend 2024: United Spirits Ltd., a liquor manufacturer under Diageo’s management, announced on Friday that its board has recommended a final dividend of Rs 5 per equity share for the fiscal year that ends on March 31, 2024, during a meeting.
The company stated in an exchange filing that a final dividend of Rs. 5 per equity share (face value of Rs. 2/-each) is recommended for the fiscal year that ends on March 31, 2024.
Record Date for United Spirits Dividend 2024
As stated in the exchange filing, the business has decide to make July 12 the record date for determining whether shareholder qualifies for this corporate action.
Friday, July 12, 2024 has been set as the record date in order to ascertain the shareholders’ entitlement to receive the final dividend, according to the petition.
Date of Payment for United Spirits Dividend in 2024
The final dividend, if announced, will be disbursed on August 6, 2024, or later. The business stated that the final dividend, if any, declared at the AGM will be paid on or after August 6, 2024.
Q4 Results for United Spirits
Consolidated net profit for the March quarter increased by two times to Rs 241 crore, according to the business. A year prior, the business reported a net profit of Rs 102 crore, United As stated in a regulatory filing by Spirits Ltd (USL). Its operating revenue increased by 12.41% to Rs 6,511 crore in the reviewed quarter from Rs 5,792 crore in the corresponding period last year.
The total expenses of USL for the March quarter increased by 10.9% to Rs 6,279 crore.
USL’s total net sales value (NSV) increased 11.2% to Rs 2,783 crore during the quarter.
The IPL and WPL teams owned by the company, Royal Challengers Sports Pvt Ltd (RCSPL), brought in Rs 120 crore in income during the March quarter.
With brands like McDowell’s, Royal Challenge, Signature, Johnnie Walker, and Black Dog under its umbrella, USL’s total revenue was Rs 6,622 crore, up 14%. Net sales for USL Prestige and its premium liquor division rose 6.6% in March, making about 86.6% of total net sales.
In contrast, 11.6 percent of net sales in the fourth quarter of 2024 came from the popular segment. The company’s net revenues increased by 3.3% in the fourth quarter.
USL’s net profit for the fiscal year that concluded on March 31, 2024, increased by 25.04 percent to Rs 1,408 crore. One year ago, it was valued at Rs 1,126 crore.
Nevertheless, its operational revenue in FY24 decreased 6.46 percent to Rs 26,018 crore.
United Spirits Ltd.’s stock decreased 0.35 percent from its previous finish to close at Rs. 1,178.30 on the BSE on Friday.
Account opning link:
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- Kotak neo Account https://kotaksecurities.ref-r.com/c/i/32531/109103906
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