United Spirits Declares 200% Interim Dividend, Record Date April 3, 2025. Last Chance for Investors Today; Shares to Trade Ex-Dividend on April 3.
United Spirits Interim Dividend 2025: Shares of United Spirits, a brewery and distillery company, are likely to be a focal point for investors in Wednesday, April 2, 2025's trading session. The company, owner of the popular whiskey brand ‘Johnnie Walker,’ has announced a 200% interim dividend for its shareholders. This could present a lucrative opportunity for investors.
Ex-Dividend Date and its Significance
United Spirits shares will trade ex-dividend on April 3, 2025. The ex-dividend date is the day when the company's shares begin trading without the entitlement to the dividend. This means that if an investor wishes to benefit from this dividend, they must purchase the company's shares before April 3.
Dividend Information and Payment Date
In information provided to the exchange, the company stated that its board of directors has approved an interim dividend of ₹4 per share for the fiscal year 2024-25 (FY25). United Spirits shareholders will receive this dividend on or after April 21, 2025.
Dividend Record Date and Eligibility
United Spirits stated that April 3, 2025, has been set as the record date to identify shareholders entitled to the dividend. This date is determined to ensure the accurate identification of shareholders receiving the dividend.
United Spirits' Dividend Yield
At the current market price, the company's dividend yield is 0.64%. While this dividend yield might seem comparatively low, it still presents an attractive return opportunity for investors.
United Spirits' Dividend History
United Spirits has a b record of dividend payments. Since 2023, the company has declared dividends three times. In 2023, the company paid an interim dividend of ₹4 per share, while in 2024, a final dividend of ₹5 was declared.
United Spirits Company Profile
United Spirits is one of India's largest alcoholic beverage manufacturers. The company produces, sells, and distributes alcoholic beverages such as whiskey, brandy, rum, vodka, and gin. Its portfolio includes over 80 brands, with McDowell’s, Johnnie Walker, and Royal Challenge being prominent examples.
The company has two main segments – the Indian and international markets. In addition, United Spirits also imports and sells Diageo's premium brands in India.
Review of United Spirits' Share Performance
On the NSE, the company's total market capitalization is ₹1,02,192.79 crore, and it is a part of the Nifty Next 50 index. However, since the beginning of 2025, United Spirits shares have seen a decline of approximately 15%, while the NSE Nifty50 has only fallen by 2.4% during the same period.
