Nippon Life India Asset Management Ltd recommends final dividend of Rs. 7.50

The Board of directors of Nippon Life India Asset Management Ltd has recommended a final dividend of Rs. 7.50/- per Equity Share of Rs. 10/- each for the financial year ended March 31, 2022, for the approval of the shareholders at the ensuing Annual General meeting. With this the total dividend for the financial year 2021-22 would be Rs. 11/-, including the interim dividend of Rs. 3.50 per equity share distributed in November 2021.

The record date to determine those shareholders who will be eligible to receive the payment of final dividend, subject to shareholder's approval, will be Friday, July 01, 2022. The payment date for final dividend will be on and from July 19, 2022.

Shares of Nippon Life India Asset Management Limited was last trading in BSE at Rs. 329.05 as compared to the previous close of Rs. 317.40. The total number of shares traded during the day was 64799 in over 2212 trades.

The stock hit an intraday high of Rs. 334.70 and intraday low of 319.05. The net turnover during the day was Rs. 21285185.00.

Source : Equity Bulls

Keywords

NipponLifeIndiaAssetManagement INE298J01013 FinalDividend FY2022