NAM-INDIA
Nippon Life India Asset Management Ltd
₹584.35
Nippon Life India Asset Management Ltd Dividend 2024 : Should Nippon Life India Asset Management Ltd be a part of your dividend portfolio?
Nippon Life India Asset Management Ltd is one of the most popular Financial Services company in the world with a market capitalisation of ₹35,434.91Cr. Its share price is ₹584.35 as on 24 April,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Nippon Life India Asset Management Ltd gave ₹13 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
- Financial Services stocks do not always pay a dividend but as Nippon Life India Asset Management Ltd pays dividends to reward its shareholders.
- In the quarter ending September 2023, Nippon Life India Asset Management Ltd has declared dividend of ₹5.50 - translating a dividend yield of 2.22%.
Let's look at Nippon Life India Asset Management Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Nippon Life India Asset Management Ltd’s revenue were ₹560.57Cr in the quarter ending March 2024. The revenue grew by 44.47% year on year basis since last quarter.
- Nippon Life India Asset Management Ltd’s profits were ₹342.92Cr in the quarter ending March 2024. The profits grew by 73.17% year on year basis since last quarter.
- Nippon Life India Asset Management Ltd’s dividend was ₹5.50 in the quarter ending September 2023.
Nippon Life India Asset Management Ltd Dividend related ratios:
- Last dividend date: 30/10/2023
- Current Dividend Yield: 2.22%
- Annual dividend payment: ₹13
History of Nippon Life India Asset Management Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
09/11/2023 | CASH | ₹5.50 | 30/10/2023 | 09/11/2023 |
30/06/2023 | CASH | ₹7.50 | 25/04/2023 | 30/06/2023 |
01/11/2022 | CASH | ₹4 | 19/10/2022 | 02/11/2022 |
30/06/2022 | CASH | ₹7.50 | 26/04/2022 | 01/07/2022 |
08/11/2021 | CASH | ₹3.50 | 26/10/2021 | 09/11/2021 |
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