Date:22/10/2008 URL: http://www.thehindu.com/2008/10/22/stories/2008102256331800.htm

Business - Briefly

UTI Mastershare declares 22 % dividend

MUMBAI: UTI Mastershare has declared a tax-free dividend of 22 per cent (Rs. 2.20 a unit on a face value of Rs. 10). The record date for the dividend is October 23. The NAV per unit as on October 16 was Rs. 22.06 under the dividend option, says a release.