100% Dividend Alert! NBFC Stock Soars 82% in a Year - Buy Before the March 27th Record Date

Authum Investment & Infrastructure Ltd., an NBFC stock, is set to go ex-dividend this week. The company has declared an interim dividend for both its preference and equity shareholders. To be eligible for the payout, investors must hold Authum Investment shares at least one day before the record date set by the company.

Authum Investment Dividend Announcement

Authum Investment & Infrastructure Ltd. has declared interim dividends for both preference and equity shareholders for the financial year 2024-25. Here's a detailed breakdown:

The company's board has approved an interim dividend for preference shareholders at a rate of 7% of the face value of ₹10 per share. This means that for every fully paid-up preference share, eligible shareholders will receive a dividend amounting to ₹0.70 per share before tax deductions.

Shareholders who hold preference shares as of the record date, March 27, 2025, will qualify for this dividend.
In addition to the preference share dividend, the Board has also announced an interim dividend for equity shareholders at 100% of the face value of ₹1 per share. This means every fully paid-up equity shareholder will receive ₹1 per share before tax deduction.

Similar to preference shares, equity shareholders whose names are registered in the company's Register of Members as of March 27, 2025, will be entitled to receive the dividend.

Authum Investment Dividend Key Dates

The company has set Thursday, March 27, 2025, as the record date to determine shareholders eligible for the dividend. The interim dividend will be credited to eligible shareholders on or before Saturday, April 19, 2025.

Authum Investment Share Price Movement

On Tuesday, Authum Investment shares closed 1.5% lower at ₹1,555 per share. Despite this dip, the stock has gained 1.36% over the past five days and 3.50% in the last month. Over the past year, it has surged by 82%, with an impressive 126.60% increase from its 52-week low.

About Authum Investment

​Authum Investment & Infrastructure Ltd., incorporated in 1982, is a registered Non-Banking Financial Company (NBFC) listed on major Indian stock exchanges, including the National Stock Exchange (NSE), Bombay Stock Exchange (BSE), and Calcutta Stock Exchange. The company specialises in fund-based activities such as investing in shares, securities, and mutual funds and providing loans and advances. ​Over the years, Authum has diversified its investment portfolio to include publicly listed and unlisted companies, private equity, real estate, and debt instruments. The company also engages in structured financing, fixed-return portfolios, secured lending, and equity investments in emerging companies.