Dividend Dhamaka! HDFC AMC To Pay 1800% Dividend, Record Date Ahead; How To Become Eligible?

Dividend Stocks: HDFC Asset Management Company (HDFC AMC) shares are enjoying significant attention from investors ahead of its record date for dividend payout. The asset management company, earlier, had announced an 1800% final dividend for its shareholders for the financial year 2024-25.

HDFC AMC shares closed marginally higher at Rs 4821.1 per share on BSE on Monday with a market capitalisation of Rs 1,03,127.93 crore. The company scrip had touched an intraday high mark of Rs 4825.90 apiece. Meanwhile, it touched an intraday low mark of Rs 4754.75 on BSE on Monday. The company scrip value has declined nearly 0.18% in the past five trading sessions. Meanwhile, its value has surged around 10% in one month.

HDFC AMC Dividend

The asset management company had announced a dividend of Rs 90 per equity share with a face value of Rs 5 per equity share. The company had announced the final dividend after the conclusion of its board of directors meeting held in May.

HDFC AMC Dividend Payout Date

The company hasn't fixed the dividend payout date, however, it has informed its investors about a tentative timeline for dividend payout. "The Board had inter-alia, recommended a final Dividend of Rs. 90/- per equity share of Rs. 5/- each of the Company, subject to approval of Shareholders of the Company. The dividend, if approved by the shareholders, will be paid within the prescribed period of 30 days from the date of the forthcoming AGM," noted company in its BSE filing.

HDFC AMC Dividend Record Date

The company has fixed Friday, June 6 as record date for dividend payment. "The Record date, for ascertaining the shareholders who will be eligible to receive the payment of final dividend, subject to shareholder's approval, will be Friday, June 6, 2025," stated HDFC AMC in its BSE filing.

HDFC AMC Dividend: How To Become Eligible?

To become eligible for HDFC AMC dividend, it is important for shareholders to own the company shares on or before the record date. A record date is fixed by a company to identify the eligibility of a shareholder for corporate actions like dividend, stock split, bonus issue, etc.

To become eligible for HDFC AMC dividend, it would be important for investors to own the company share before June 6, which is HDFC AMC's dividend record date.

HDFC AMC Share Price Movement

The company stock closed in green at Rs 4821 per share on BSE on Monday. The company's share price value has surged 15.82% year to date (YTD). Meanwhile, the company's scrip value has surged around 24.2% in one year.

The company had announced a consolidated net profit of Rs 639 crore in the March quarter of FY215, increasing 18% from Rs 541 crore in the same period the previous year. Compared to Rs 695 crore in the same quarter of the previous year, revenue from operations in the reporting period climbed 30% year on year (YoY) to Rs 901 crore. In the quarter that ended in March 2025, the company's total expenses climbed by 11% year over year to Rs 189.6 crore, up from Rs 171 crore in Q4FY24.