Nippon Life India Asset Management Ltd recommends final dividend of Rs. 11

The Board of directors of Nippon Life India Asset Management Limited has recommended a final dividend of Rs. 11.00 per Equity Share of Rs. 10/- each for the financial year ended March 31, 2024, for the approval of the shareholders at the ensuing Annual General meeting. With this the total dividend for the financial year 2023-24 would be Rs. 16.50 per Equity share, including the interim dividend of Rs. 5.50 per equity share distributed in November 2023.

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, June 28, 2024. The payment date for final dividend will be on and from July 16, 2024.

Shares of Nippon Life India Asset Management Limited was last trading in BSE at Rs. 562.05 as compared to the previous close of Rs. 577.50. The total number of shares traded during the day was 39999 in over 1374 trades.

The stock hit an intraday high of Rs. 584.25 and intraday low of 557.95. The net turnover during the day was Rs. 22620983.00.

Source : Equity Bulls

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NipponLifeIndiaAssetManagement INE298J01013 FinalDividend FY2024