Aditya Birla Sun Life AMC is one of the top asset managers in India, which served over 8.01 million investor folios for the quarter ended December 31, 2022, with a pan-India presence across 290+ locations and a total AUM of over Rs. Was. 2,930 billion. The company has declared interim dividend for the financial year 2022-23 for its eligible shareholders.
“Pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015, you are hereby informed that the Board of Directors of the Company at its meeting held today i.e. Thursday, the 16th March, 2023, has, inter alia, considered and approved Has paid interim dividend for the financial year 2022-23 at the rate of 5 per equity share of face value 5 each. As already informed to the stock exchanges vide our letter dated March 10, 2023, the record date for the purpose of ascertaining the eligibility of shareholders for payment of interim dividend is Friday, March 24, 2023. Payment of interim dividend to eligible shareholders on or before April 10, 2023,” Aditya Birla Sun Life AMC said in a stock exchange filing on Thursday.
For the quarter ended December 2022, Aditya Birla Sun Life AMC reported an 11% decline in profit after tax (PAT), 166.3 cr, as against PAT of Rs. 186.2 crore in the corresponding quarter of the previous year. increased by its total sales 353 cr in Q3FY22 363.17 crore in Q3FY23. with average quarterly assets under management of 2.82 lakh crore, Aditya Birla Sun Life AMC is the fourth largest asset management firm in India.
Shares of Aditya Birla Sun Life AMC closed today on NSE 359.45 each level, up 0.79% from the previous close 356.65. The stock recorded a total volume of 1,51,690 shares as compared to 20-day average volume of 75,881 shares. In last 1 year, the stock has fallen 28.46% and on YTD basis, it has fallen 21.29% in 2023 so far. The stock has touched a 52-week high 560.00 (22-Apr-2022) and 52-week low 353.55 at (16-Mar-2023).
Aditya Birla Sun Life AMC has declared an equity dividend of 229.00% on face value 5, or 11.45 per share, for the financial year ending March 2022. Dividend Yield at Current Share Price 359.45 is 3.18%. As per Trendline data, Aditya Birla Sun Life AMC Limited has declared three dividends with effect from November 3, 2021, and equity dividends in the last 12 months 5.85 per share has been declared. It generates a dividend yield of 1.63% at the current share price 359.45.
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