Large-Cap AMC Stock Featured In BSE 500 Index: Record Date Released For Rs 24 Dividend; Should You Buy?

In 1994, Aditya Birla Sun Life AMC Limited (ABSLAMC) was established. The company's promoters and major shareholders are Sun Life (India) AMC Investments Inc. and Aditya Birla Capital Limited. In addition to managing the Aditya Birla Sun Life Mutual Fund, Aditya Birla Sun Life AMC, which is listed on the BSE 500 index, also manages a number of other actions, such as portfolio management services, real estate investments, and alternative investment funds. One of the top asset managers in India, ABSLAMC serves about 10.6 million investor folios, has 300+ offices throughout India, and has a total AUM of Rs. 4,056 billion for the quarter that ended on March 31, 2025.

Aditya Birla Sun Life AMC Dividend

Subject to shareholder approval at the upcoming Annual General Meeting (AGM), the company's Board of Directors has recommended a dividend of Rs 24/-per equity share of Rs 5/-each for the fiscal year ending March 31, 2025.

Aditya Birla Sun Life AMC Dividend Record Date

"We are pleased to inform that the 31st AGM of the Aditya Birla Sun Life AMC Limited ('the Company') will be held on Wednesday, July 30, 2025 at 11:00 a.m. (IST) through Video Conferencing ('VC') / Other Audio-Visual Means ('OAVM') in accordance with the relevant circulars issued by the Ministry of Corporate Affairs ('MCA') and Securities and Exchange Board of India ('SEBI'). The proceedings of the AGM shall be deemed to be conducted at the Registered Office of the Company i.e. One World Center, Tower 1, 17th Floor, Jupiter Mills, Senapati Bapat Marg, Elphinstone Road, Mumbai - 400 013. The remote e-voting period shall commence from 9.00 a.m. (IST) on Sunday, July 27, 2025 and end on 5.00 p.m. (IST) on Tuesday, July 29, 2025. Pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company has fixed Wednesday, July 23, 2025, as the record date for determining the shareholders eligible to receive the dividend and for the purpose of the AGM. The dividend, if approved by the Shareholders at the AGM, will be paid within 30 days of the AGM," said Aditya Birla Sun Life AMC in a stock exchange filing on Monday.

Aditya Birla Sun Life AMC Dividend History & Yield

In recent years, Aditya Birla Sun Life AMC (ABSLAMC) has shown a steady dividend record. The final dividend for FY 2024-2025, which was announced on April 26, 2025, with an ex-dividend date of August 1, 2024, is Rs 13.50. According to TipRanks and MoneyControl, previous dividend payments were Rs 5.25 in April 2023, Rs 5.00 in March 2023, Rs 5.85 in July 2022, and Rs 5.60 in November 2021.

According to Trendlyne data, the dividend yield as of early July 2025 ranges from 1.71% based on the current market price. IndMoney reports an annual dividend yield of 2.34%, TipRanks 1.76%, and Investing.com sets it at roughly 1.69%, noting that it is somewhat higher than the industry median of 1.34%. A higher yield estimate of about 3.0-3.04% is highlighted by other sources, including Simply Wall St and Screener, which represent differences in calculating approaches such as trailing twelve-months or forward-looking predictions.

Aditya Birla Sun Life AMC Target Price

"ABSL AMC is trading in a sideways range with resistance near ₹810 and support at ₹765. A breakout above ₹810 could lead to a move toward ₹850. Momentum is neutral, so a close above ₹810 is needed for fresh upside. Traders can accumulate on dips around ₹775 with a stop-loss at ₹760," commented Riyank Arora, technical analyst at Mehta Equities Ltd.

Disclaimer

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