ICICI Prudential AMC Declares ₹14.85 Interim Dividend; Shares Surge
Share Market
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CNBC Awaaz•14-01-2026, 19:02
ICICI Prudential AMC Declares ₹14.85 Interim Dividend; Shares Surge
- •ICICI Prudential AMC announced an interim dividend of ₹14.85 per share, making it one of the largest dividend announcements.
- •The record date for this dividend is January 21, 2026; investors must hold shares by this date to be eligible.
- •Following the announcement, the company's shares surged by 2.4% to close at ₹2,736 on January 14.
- •The substantial dividend reflects the company's strong financial health and cash flow, boosting investor confidence.
- •Institutional investors (FII and DII) hold a significant portion of the company's shares, indicating strong market confidence.
Why It Matters: ICICI Prudential AMC's large interim dividend of ₹14.85 per share signals strong financial health and boosts investor confidence.
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