This Radhakishan Damani stock will start trading ex-dividend starting tomorrow, August 2, 2022. The billionaire investor had recently added over 50,000 shares of this company. The counter ended flat with marginal cuts on Monday ahead of the ex-date.
United Breweries dividend 2022
United Breweries, one of the 14 stocks in the billionaire investor’s portfolio in the quarter ended June 2022, has fixed August 2 as the ex-date of the stock. Ex-dividend is the day when the stock of the company goes ex-dividend, meaning the stock from that day does not carry the value associated with its next dividend payment. The Board of Directors of United Breweries has announced a final dividend of Rs 10.5 per share, the record date for which is August 4, 2022
As per United Breweries’ latest shareholdings detail available on the BSE, Damani holds 3,252,378 shares, equivalent to 1.2% stake in the liquor company.
Radhakishan Damani’s trading firm has picked up additional stakes in United Breweries in April-June 2022 quarter.
Derive Trading and Resorts Private Limited, in which, Radhakishan Damani is one of the board members along with his family, has bought additional 56,544 equity shares or 0.02 per cent stakes of United Breweries Limited, taking the total holding to 1.23% or 32,52,378 shares.
In March 2022 quarter, the trading company of Damani had held 31,95,834 equity shares, comprising 1.21 per cent stakes in the mid-cap company, as per the BSE shareholding pattern.
Radhakishan Daman Portfolio
Radhakishan Damani’s portfolio’s major chunk comprises mainly two stocks—Avenue Supermarts and VST Industries. The ace investor portfolio’s a little over 60% chunk goes in Avenue Supermarts and more than 32% in VST Industries
As per the latest corporate filings, Radhakishan Damani publicly holds 14 stocks in the quarter ended June ’22. The net worth of these stocks stands a little over Rs 177,294.6 crore, according to stock market analysis platform trendlyne.com.
Meanwhile, shares of United Breweries, an Indian conglomerate with a core business of beverages and investments in various sectors, ended flat with marginal cut of 0.37% to Rs 1616.60 per share on the BSE ahead of the ex-dividend date.