UTI Asset Management Company (P) Ltd. is a privately owned investment manager. It manages mutual funds for its clients. The firm invests in money market, fixed income, and public equity markets of India. It employs in-house research while making its investments. UTI Asset Management Company (P) Ltd. was incorporated on November 14, 2002 and is based in Mumbai, India.
UTI Asset Management Dividend Announcement
• UTI Asset Management announced a annually dividend of ₹24.00 per ordinary share which will be made payable on 2024-08-24. Ex dividend date: 2024-07-18 • UTI Asset Management annual dividend for 2024 was ₹24.00 • UTI Asset Management annual dividend for 2023 was ₹22.00 • UTI Asset Management's trailing twelve-month (TTM) dividend yield is 1.76%
UTI Asset Management current trailing twelve-month (TTM) dividend yield is 1.76%. Interested in purchasing UTI Asset Management stock? Use our calculator to estimate your expected dividend yield:
UTI Asset Management Financial Ratios
P/E ratio24.95
PEG ratio0.25
P/B ratio4.01
ROE15.36%
Payout ratio0.00%
Current ratio4.51
Quick ratio4.51
Cash Ratio2.57
UTI Asset Management Dividend FAQ
How much is the next UTI Asset Management dividend?
UTI Asset Management's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next UTI Asset Management dividend. The next UTI Asset Management dividend will be released in July.
When is UTI Asset Management dividend paid?
UTI Asset Management pays dividends on a annually basis. The specific dates may vary each year but are generally around July. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does UTI Asset Management pay?
The specific amount of UTI Asset Management dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find UTI Asset Management's dividend history.
Does UTI Asset Management stock pay dividends?
Yes, UTI Asset Management does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find UTI Asset Management's dividend history.
How much dividend does UTI Asset Management pay?
UTI Asset Management paid ₹24 in 2024, ₹22 in 2023, ₹21 in 2022, ₹17 in 2021, and ₹7 in 2020.
How often does UTI Asset Management pay dividends?
UTI Asset Management typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around July.
What is UTI Asset Management's dividend yield?
The current dividend yield for UTI Asset Management is 1.76%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate UTI Asset Management's exact dividend yield.
When does UTI Asset Management go ex dividend?
UTI Asset Management's ex-dividend date for the latest dividend was on 2024-07-18. UTI Asset Management typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next UTI Asset Management dividend paid?
UTI Asset Management pays dividends on a annually basis, typically around July, but the exact dates can vary each year.
Will UTI Asset Management increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether UTI Asset Management will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is UTI Asset Management dividend per share?
UTI Asset Management paid ₹24 per share in 2024 and ₹22 per share in 2023. The amount of dividend per share that UTI Asset Management pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is UTI Asset Management a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is UTI Asset Management a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is UTI Asset Management a dividend stock?
Yes, UTI Asset Management is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is UTI Asset Management a good dividend stock?
Whether UTI Asset Management is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. UTI Asset Management has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating UTI Asset Management as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does UTI Asset Management pay dividends monthly?
UTI Asset Management typically pays dividends on a annually basis.
Does UTI Asset Management pay dividends quarterly?
UTI Asset Management currently pays dividends on a annually basis.
Has UTI Asset Management ever paid a dividend?
Yes, UTI Asset Management has a history of paying dividends to its shareholders. UTI Asset Management is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy UTI Asset Management dividend stocks?
To buy UTI Asset Management you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy UTI Asset Management stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does UTI Asset Management pay dividends 2024?
UTI Asset Management pays dividends on a annually basis. 2024 dividend payments are in 2024-08-24. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will UTI Asset Management increase its dividend in 2024?
Decisions regarding UTI Asset Management dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date UTI Asset Management dividend overview you can look into the above table of dividend history.
How UTI Asset Management dividend works?
The UTI Asset Management dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how UTI Asset Management's dividend process works:
1. Determination of Dividend: UTI Asset Management's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, UTI Asset Management publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, UTI Asset Management distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from UTI Asset Management are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are UTI Asset Management dividends paid?
UTI Asset Management dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: UTI Asset Management sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, UTI Asset Management distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: UTI Asset Management declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does UTI Asset Management pay dividends?
UTI Asset Management typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does UTI Asset Management pay dividends?
The general pattern is that UTI Asset Management pays dividends around July. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is UTI Asset Management dividend safe?
The safety of UTI Asset Management's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of UTI Asset Management's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review UTI Asset Management's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.