UTI Mutual Fund has announced a dividend of 55 per cent (Rs.5.50 per unit on face value of Rs.10) in UTI Petro Fund This is the third dividend during the financial year 2003-04. With this dividend pay out the scheme has paid a total dividend of 82 per cent during the financial year 2003-04. The record date for the dividend would be January 23, 2004.
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