{
  "type": "article",
  "title": "ICICI Prudential AMC Declares ₹30 Interim Dividend as Record Date Fixed for October 21",
  "summary": "ICICI Prudential AMC has announced an interim dividend of ₹30 per equity share alongside its second-quarter earnings, fixing October 21, 2026, as the official record date for eligible shareholders.",
  "content": "Investors tracking the asset management space have received positive payout news as ICICI Prudential Asset Management Company officially announced an interim dividend of ₹30 per equity share. The fund house approved this shareholder distribution alongside its financial results for the quarter ended September, reflecting continued cash returns to its investor base.\n\n \n\nRecord Date Finalized for October 21, 2026\n\nThe board of directors of ICICI Prudential AMC formally cleared the payout of ₹30 per equity share and fixed Wednesday, October 21, 2026, as the official record date. This date serves as the cutoff mark to identify eligible shareholders listed in the company records who will qualify to receive the interim payout directly into their designated bank accounts.\n\nMarket participants must note how clearing mechanics impact their eligibility under India's prevailing T+1 settlement cycle. Purchasing shares on or after the record date will not qualify an investor for this corporate action, because transactions require one business day to settle and reflect in demat accounts. Consequently, investors need to own the equity before the cutoff so the shares are settled and credited in time. The company has not yet announced the exact date on which the dividend funds will be credited.\n\n \n\nHistorical Dividend Track Record and Yield Overview\n\nThe latest announcement adds to a consistent track record of capital returns managed by the fund company. During the first quarter of the financial year 2026-27, the firm had declared an interim dividend of ₹12.40 per equity share. Over the past twelve-month trailing period, total dividends distributed to equity holders reached ₹27.25 per share.\n\nCalculated against a prevailing market price of ₹2,938.50 per share, the company's dividend yield stands at approximately 0.93%. Investors should keep in mind that dividend yield fluctuates dynamically based on share price volatility in secondary markets and future payout revisions.\n\n \n\nSecond-Quarter Net Profit Climbs 6.1% to ₹889 Crore\n\nThe dividend approval coincided with steady financial growth reported for the September quarter. Net profit rose 6.1% year-on-year to reach ₹889 crore, up from ₹838 crore generated during the corresponding period of the previous fiscal year. Core revenue showed double-digit expansion, as revenue from operations surged 16.3% to ₹1,674 crore compared to ₹1,439 crore in the year-ago quarter.\n\nAlongside top-line growth, operational costs increased as total expenses expanded by 18% to ₹493 crore during the quarter. For the complete first half of the financial year 2026-27, net profit advanced 14.3% to ₹1,854 crore, supported by a 17% increase in revenue from operations, which stood at ₹3,238 crore.\n\nWhat this means for you\nThis dividend declaration provides shareholders with an immediate cash return on their equity holdings.\n\n• Dividend Payout: Eligible shareholders will receive a cash distribution of ₹30 on each equity share held. The payout will be transferred directly to registered bank accounts following the eligibility verification.\n• Purchase Deadline: The cutoff record date is Wednesday, October 21, 2026, under India's T+1 settlement rules. Investors must purchase the stock before the record date so the shares settle in their demat accounts in time.\n• Yield Benefit: Based on the quoted share price of ₹2,938.50, the current dividend yield is calculated at 0.93%. This distribution adds regular cash generation to existing portfolio holdings.\n• Underlying Stability: Second-quarter profit expanded 6.1% to ₹889 crore alongside revenue growth. Steady profitability reinforces the company's financial base for sustained payouts.\n\nWhy this happened\nICICI Prudential AMC approved the interim payout driven by robust quarterly earnings and steady cash generation across its asset management operations.\n\n• Consistent Profit Growth: Net profit expanded 6.1% to ₹889 crore while revenue from operations increased 16.3% to ₹1,674 crore in the September quarter. Strong operational income provided ample surplus capital to reward equity owners.\n• Regular Capital Return Policy: The fund company maintains a disciplined approach to returning profits directly to shareholders. Following a ₹12.40 per share dividend in the first quarter, the second-quarter payout extends that cash return strategy.\n• Strong First-Half Trajectory: Half-year profits jumped 14.3% to ₹1,854 crore alongside a 17% rise in total operating revenue. This broader financial strength gave the board the capacity to approve the ₹30 distribution.\n\nQuestions & Answers\n\n1. How much interim dividend has ICICI Prudential AMC declared?\nThe company has announced an interim dividend of ₹30 per equity share.\n\n2. What is the official record date for the dividend eligibility?\nThe record date has been established as Wednesday, October 21, 2026.\n\n3. Will buying shares on October 21 qualify for the dividend?\nNo, because shares bought on October 21 settle under T+1 rules after the record date cutoff.\n\n4. What dividend was paid in the previous quarter of the fiscal year?\nThe company had declared a dividend of ₹12.40 per equity share in the first quarter of fiscal year 2026-27.\n\n5. What is the total dividend declared over the past 12 months?\nThe company distributed a total dividend of ₹27.25 per share over the past twelve months.\n\n6. What was the company's net profit for the September quarter?\nThe company posted a 6.1% increase in quarterly net profit, reaching ₹889 crore.",
  "url": "https://trendkia.com/en/market/icici-prudential-amc-ne-kiya-30-ke-antarima-dividenda-ka-ailana-21-aktubara-hai-rikorda-deta-47489",
  "category": "Market",
  "publishedAt": "2026-10-14",
  "tags": [
    "ICICI Prudential AMC",
    "Dividend",
    "Record Date",
    "Stock Market",
    "Quarterly Results",
    "Mutual Fund"
  ],
  "language": "en",
  "site": "TrendKia"
}