Nippon Life Asset Management Ltd board recommends final dividend of Rs. 2 for FY2020

The Board of directors of Nippon Life Asset Management Ltd has recommended a final dividend of Rs. 2/- per Equity Share of Rs. 10/- each for the financial year ended March 31, 2020, for the approval of the shareholders at the ensuing Annual General meeting. The record date and payment date of which will be communicated once fixed. With this the total dividend for the financial year 2019-20 would be Rs. 5/-, including the interim dividend of Rs. 3 per equity share distributed in February 2020.

Shares of Nippon Life Asset Management Ltd was last trading in BSE at Rs.243.4 as compared to the previous close of Rs. 244. The total number of shares traded during the day was 39269 in over 1979 trades.

The stock hit an intraday high of Rs. 246 and intraday low of 241. The net turnover during the day was Rs. 9549355.

Source : Equity Bulls

Keywords