Whopping 300% Dividend Incoming: Fertilizer & Agrochemical Stock Finalises Record Date; Should You Buy?

United Phosphorus Limited, or UPL, is a multinational supplier of sustainable agriculture solutions. With operations in more than 130 nations, it is a major force in the markets for seeds, crop protection, and biosolutions. Since the Board has announced the record date for its planned massive payout of 300%, dividend watchers will be paying close attention to UPL's shares in the upcoming sessions of July. Here's why.

UPL Dividend Record Date

"We would like to inform you that the 41st Annual General Meeting ("AGM") of UPL Limited has been scheduled on Friday, July 25, 2025 at 02:00 p.m. (IST) through Video Conferencing / Other Audio-Visual Means ("VC facility") in compliance with the applicable provisions of the Ministry of Corporate Affairs ("MCA") and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations") read with the circulars/ notifications issued from time to time by MCA / SEBI. Further, as informed earlier, the Board of Directors has recommended a dividend of 300% i.e. Rs. 6/- per equity share on equity shares of Rs. 2/- each (on fully paid-up equity shares and partly paid-up equity shares in proportion to their share in the paid-up equity share capital), subject to approval of members at the ensuing AGM. Pursuant to Regulation 42 of the SEBI Listing Regulations, the Company has fixed Friday, July 11, 2025 as the Record Date for determining entitlement of Members to final dividend for the financial year ended March 31, 2025," said UPL in a stock exchange filing.

"In compliance with the MCA and SEBI Circulars, the Annual Report for FY 2024-25, comprising of the Notice of the AGM and the standalone and consolidated audited financial statements for FY 2024-25, along with Directors' Report, Auditors' Report and other documents required to be attached thereto, will be sent to all the members of the Company whose email addresses are registered with the Company/ Registrar & Transfer Agent - MUFG Intime India Private Limited/ Depository Participant(s), in due course. Further a letter containing the weblink of the Annual Report for FY 2024-25, will be sent to those shareholders whose email addresses are not registered," UPL has further informed the stock exchanges.

UPL Dividend History

Over the years, UPL Limited, a multinational agrochemical firm, has consistently paid dividends. Data from Moneycontrol and the Bombay Stock Exchange (BSE) show that UPL has been paying dividends on a regular basis for more than ten years. The most recent dividend was Rs 1 per share for FY2024, which was announced in May 2024. According to Trendlyne statistics, UPL Ltd. has paid out 23 dividends since August 17, 2004, and its dividend yield is 0.15% at the current share price of Rs 661.

UPL Share Price Target

"UPL is attempting to recover from recent lows and is facing resistance near ₹675. A successful breakout above this could lead to ₹700. Support is placed at ₹645. Momentum indicators are improving, suggesting the possibility of short-term upside. Buying near ₹655-₹660 with a stop-loss at ₹640 may offer a good risk-reward opportunity," commented Riyank Arora, technical analyst at Mehta Equities Ltd.

Disclaimer

The recommendations made above are by market analysts and are not advised by either the author, nor Greynium Information Technologies. The author, nor the brokerage firm nor Greynium would be liable for any losses caused as a result of decisions based on this write-up. Goodreturns.in advises users to consult with certified experts before making any investment decision.