₹30 per share dividend stock: Do you own this MF share? Check record date to qualify for cash reward; yield, history
ICICI Bank made an announcement in a corporate actions development with October 21 in focus.
· LiveMint Markets
ICICI Prudential Asset Management recommended an interim dividend of ₹30 per share and set October 21 as the record date. The announcement accompanied September-quarter results showing profit after tax up 6.1% to ₹889 crore and operating revenue up 16.3% to ₹1,674 crore.
Key facts
- Dates in focus
- October 21
The analysis
ICICI Bank reported ₹30, ₹889 crore and ₹1,674 crore, with movement of 6.1% and 16.3% attached to those lines. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Against that, the stock is +0.4% on the day at ₹1,360.20, and has returned -3.9% over three months. It sits 7% below its 52-week high. The banks sector has moved -4.8% over the same period, so ICICI Bank is running 0.9 points ahead of its peers.
For ICICI Bank, the question is how much of this is already reflected in the price and how much re-rates the banks peer set alongside it.
Why it matters
- Buybacks, dividends and splits change what a shareholder actually receives, and often signal how management reads its own value.
Market context
- The company directly in focus is ICICIBANK.
- Sector exposure: Banks.
In this story
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