United Spirits share price in focus ahead of board meet to declare interim dividend today. Record date, other details

United Spirits share price will be in focus on Thursday as the company’s board of directors will meet today to declare dividend. United Spirits shares ended marginally lower in the previous session ahead of the board meeting.

The meeting of the board of directors of United Spirits is scheduled for today, March 27, to consider and approve an interim dividend. The company has also declared the dividend record date.

“...we hereby inform you that a meeting of the board of directors of the Company is scheduled to be held on Thursday, 27th March 2025, inter alia to consider declaration of interim dividend, if any,” United Spirits informed in a regulatory filing on March 24.

However, the company has not yet announced the payment date of the dividend.

United Spirits Dividend Record Date

United Spirits has revised its record date for the purpose of payment of dividend. The revised United Spirits dividend record date is 3 April, 2025. Earlier, the liquor company had fixed 2 April as the record date for the dividend.

“...the interim dividend, if declared, shall be paid to the shareholders of the Company whose names appear on the Register of Members of the Company or in the records of the Depositories as beneficial owners of the shares as on Thursday, 3rd April 2025 (in lieu of Wednesday, 2nd April 2025) which is the revised record date fixed for this purpose,” United Spirits said.

United Spirits Dividend History

United Spirits last declared a final dividend of ₹5.00 per equity share on July 12, 2024. Prior to this, the company issued an interim dividend of ₹4.00 per share on November 17, 2023.

Earlier, United Spirits announced a dividend of ₹2.50 per share on September 16, 2013, following a similar dividend issuance of ₹2.50 per share on September 17, 2012.

United Spirits Stock Price Trend

United Spirits share price has recorded a marginal gain of 1% over the past month. However, on a year-to-date (YTD) basis, the alcohol stock has declined by 18%. Over the past year, United Spirits shares have surged by 21%, while posting a remarkable gain of 78% in the last two years.

Over a five-year period, United Spirits stock price has delivered multibagger returns of 178%.

On Wednesday, United Spirits shares ended 0.48% lower at ₹1,359.60 apiece on the BSE.

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