1000% dividend! Kingfisher maker's STRONG and FIZZY cash reward for shareholders in Q4 results
1000% dividend! kingfisher maker’s strong and fizzy cash reward for shareholders in q4 results
United Breweries Ltd has announced both dividend and financial results for the financial year 2023-24.
The Company’s net revenue stood at Rs 4815 crore in Q4 Fy24 against Rs 4092 crore in Q4 Fy23.
United Breweries dividend 2024
The Board of United Breweries has recommended a final dividend of Rs 10 per equity share of the face value of Rs 1 each. (1000%). The dividend will be paid on or before August 30, 2024 if approved by the shareholders.
The 25the AGM of the Company will be held on Thursday, August 01, 2024.
United Breweries dividend history
United Breweries Ltd. (UBL) has a history of providing dividends to its shareholders. On March 8, 2023, the company declared a dividend of $7.50 per share. This follows a dividend declaration of $10.50 per share on February 8, 2022, and a smaller dividend of $0.50 per share on January 7, 2021.
Dividends are a way for companies to distribute a portion of their profits to shareholders.
United Breweries share price today
United Breweries Ltd. (UBL) is a well-known company in the field of breweries and distilleries. Its stock price recently closed at Rs 2001.75, Tuesday, May 07, up 0.96% from the previous day.
The company’s financials give us more insights. Its market capitalization, which is the total value of its outstanding shares, stands at a whopping Rs 52,927.30 crore. The face value of its shares is Rs 1.00.
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