United Spirits board approves interim dividend of ₹4/share for FY25

Shares of United Spirits climbed 2.5 percent on March 27 after the company’s board declared an interim dividend of ₹4 per share for the financial year ending March 31, 2025 (FY25). The company also announced a revision to the record date for dividend payment, boosting investor sentiment.

United Spirits Declares ₹4 Interim Dividend

In an exchange filing, United Spirits revealed that its board of directors had approved the payment of an interim dividend of ₹4 per equity share with a face value of ₹2 for FY25. The company revised the record date for determining shareholder eligibility to Thursday, April 3, 2025, from the previously announced April 2.

"The Board of Directors of the Company at their meeting held today i.e., Thursday, 27th March 2025, has inter alia approved the payment of interim dividend of INR 4 per equity share (face value Rs. 2/- each) for the financial year ending 31st March 2025. The record date for the purpose of determining the entitlement of the shareholders has been fixed as Thursday, 3rd April 2025. The interim dividend will be paid on or after 21st April 2025," the company stated in the filing.

The liquor manufacturer clarified that shareholders listed on the company’s register or recorded as beneficial owners in depository records as of April 3 will be eligible for the payout.

United Spirits last declared a final dividend of ₹5 per equity share on July 12, 2024. Prior to that, it issued an interim dividend of ₹4 per share on November 17, 2023.

Stock Price Trend

Following the dividend announcement, United Spirits’ shares jumped 2.6 percent to touch an intraday high of ₹1,395.85. Despite the rise, the stock remains 20 percent below its 52-week high of ₹1,700, recorded in January 2025.

On the upside, it has gained 25 percent from its 52-week low of ₹1,112, hit in April 2024.

Over the past year, the stock has added 21 percent. In March so far, it has advanced 8 percent, snapping a two-month losing streak. The stock had shed 10 percent in February and 12.4 percent in January.

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