Aditya Birla Group's flagship cement producer, UltraTech Cement, has announced a significant payout for its equity investors. The company is set to distribute a substantial dividend of Rs 240 per share to its eligible shareholders. This dividend payment for the financial year 2025-26 translates to a massive 2400 percent return on each equity share carrying a face value of Rs 10. For investors looking to benefit from this distribution, the upcoming date of July 30 holds critical importance as the stock turns ex-dividend.
Eligibility Rules and the July 29 Buying Cutoff
Understanding the exact schedule and market mechanics is crucial for shareholders intending to receive this financial payout. The board of directors at UltraTech Cement had formally recommended the Rs 240 dividend during its board meeting held on April 27. Following this recommendation, the company designated July 30 as the official record date for identifying eligible shareholders.
Under standard stock exchange settlement procedures, anyone purchasing shares on or after the ex-dividend date loses entitlement to the declared dividend payment. Consequently, any investor who wishes to claim this dividend payout must complete their share purchase by July 29, at least one trading day prior to the record date. Only shareholders who hold the stock in their demat accounts as of the end of trading on July 29 will qualify for the 2400 percent dividend.
BSE Trading Activity and 52-Week Stock Performance
Trading activity for UltraTech Cement witnessed fluctuations on the Bombay Stock Exchange on Monday. During the afternoon session at 2:47 PM, the stock was trading at Rs 11,841.00 on the BSE, marking a minor gain of Rs 1.45 or 0.01 percent compared to its previous closing price.
Throughout Monday's trading session, the stock experienced a broad price range. It hit an intraday low of Rs 11,756.10 before recovering to touch an intraday high of Rs 11,965.20. Over a broader 52-week evaluation period, UltraTech Cement shares have reached a low of Rs 10,329.00 and climbed to a 52-week peak of Rs 13,104.00. UltraTech Cement retains its position as India's largest cement manufacturing company based on overall market capitalization.
