ICICI Prudential Asset Management announced an interim dividend of ₹30 per equity share following its September quarter results. The company set October 21 as the record date to determine shareholders eligible for the dividend. The dividend payment date has not yet been disclosed, according to livemint.com.
The board of directors approved the interim dividend as part of the company’s regular shareholder reward practice. Investors must hold shares before the record date under India’s T+1 settlement cycle to qualify for the payout. ICICI Prudential AMC had declared a dividend of ₹12.40 per share in the first quarter of FY27 and a total of ₹27.25 per share in dividends over the past 12 months, livemint.com reported.
The interim dividend announcement follows ICICI Prudential AMC’s September quarter profit after tax rising 6.1% to ₹889 crore, supported by increased revenue from dividend operations. The company’s dividend yield currently stands at 0.93% based on the share price of ₹2,938.50. This payout continues the AMC’s trend of providing shareholders with both capital appreciation and dividend income, livemint.com stated.
The record date for the interim dividend is October 21, and shareholders must ensure eligibility under settlement rules to receive the dividend. The company’s next update on the dividend payment date is awaited, as noted by livemint.com.