Dividend Stock: HDFC AM will give a dividend of ₹ 90 on every stock, record date fixed – HDFC Asset Management Company to Give RS 90 Per Share Final Dividend for Fy25 Record Date Fixed

HDFC AMC The dividend was also announced while announcing the results for the January-March 2025 quarter and FY 2024-25. The company’s board has recommended the final dividend of Rs 90 per equity share to shareholders for FY 2025. Now a record date has been fixed for this, which is 6 June 2025. By this date, shareholders whose names will be in the records of the Register of Members of the Company or Depositors as the beneficiaries owners of shares will be entitled to dividend.

The shareholders on the final dividend will be approved at the upcoming annual general meeting (AGM). HDFC AMC has told the stock markets that its 26th AGM is going to be held on 25 June 2025. After getting the shareholders’ approval on the final dividend in AGM, its payment will be made within 30 days. The company gave an interim of Rs 70 for the financial year 2024 and the final dividend of Rs 70 per share.

HDFC AMC Share strong in 2 weeks

The HDFC Asset Management Company’s stock closed at Rs 4810.85 on May 23 with a rise of 0.58 percent on BSE. The company’s market cap is more than Rs 1 lakh crore. The stock has risen 172 percent in the last 2 years and 27 percent in 3 months. The price has increased by 12 percent in 2 weeks. In April, brokerage firm Motilal Oswal gave a target price of Rs 5,000 per share for HDFC AMC shares after the company’s quarterly results.

Brokerage had said, “Despite the weak market sentiment, the industry level gross Flow declined only by 2% on a quarterly basis in March 2025, while 25% increased on an annual basis. Management, Flow Trends remain optimistic about the boom in the boom. The fall in the company’s SIP flow remained less than the average.”

Experts Views: Market short -term trend positive, expecting a strong boom in Nifty when going above 25000

Profit increased by 18 percent in March quarter

HDFC AMC’s net profit increased by 18 percent to Rs 638.5 crore on an annual basis in January-March 2025 quarter. The total income rose 20.5 percent to Rs 1,025.5 crore from a year ago. The company’s net profit for the entire financial year 2024-25 increased by 26.64 percent to Rs 2,460 crore and the total income increased by 28 percent to Rs 4,060 crore.

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