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Nippon Life Asset Management Limited is a publicly owned investment manager. The firm launches and manages equity and fixed income mutual funds for its clients. It also manages exchange traded funds for its clients. The firm invests in the public equity, fixed income and commodity markets. Nippon Life Asset Management Limited was previously known as Reliance Nippon Life Asset Management Limited. Nippon Life Asset Management Limited was founded on February 24, 1995 and is based in Mumbai, India.

Nippon Life India Asset Management Dividend Announcement

Nippon Life India Asset Management announced a semi annually dividend of ₹11.00 per ordinary share which will be made payable on 2024-08-11. Ex dividend date: 2024-06-28
Nippon Life India Asset Management annual dividend for 2024 was ₹11.00
Nippon Life India Asset Management annual dividend for 2023 was ₹13.00
Nippon Life India Asset Management's trailing twelve-month (TTM) dividend yield is 2.61%
Nippon Life India Asset Management's dividend growth over the last five years (2018-2023) was 16.72% year

Nippon Life India Asset Management Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-06-28₹11.00semi annually2024-08-11
2023-11-09₹5.50semi annually2023-11-29
2023-06-30₹7.50semi annually2023-07-19
2022-11-01₹4.00semi annually2022-11-18
2022-06-30₹7.50semi annually2022-08-11
2021-11-08₹3.50semi annually2021-11-25
2021-06-10₹5.00semi annually2021-07-22
2021-02-05₹3.00semi annually2021-02-26
2020-06-29₹2.00semi annually2020-08-16
2020-02-03₹3.00semi annually2020-02-22
2019-05-09₹3.00semi annually2019-05-29
2019-01-31₹3.00semi annually2019-02-21
2018-09-12₹1.00semi annually2018-09-30
2018-01-31₹5.00semi annually2018-02-07

Nippon Life India Asset Management Dividend per year

Nippon Life India Asset Management Dividend growth

Nippon Life India Asset Management Dividend Yield

Nippon Life India Asset Management current trailing twelve-month (TTM) dividend yield is 2.61%. Interested in purchasing Nippon Life India Asset Management stock? Use our calculator to estimate your expected dividend yield:

Nippon Life India Asset Management Financial Ratios

P/E ratio33.11
PEG ratio2.02
P/B ratio10.01
ROE31.89%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00

Nippon Life India Asset Management Dividend FAQ

How much is the next Nippon Life India Asset Management dividend?
Nippon Life India Asset Management's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Nippon Life India Asset Management dividend. The next Nippon Life India Asset Management dividend will be released in June, or November.
When is Nippon Life India Asset Management dividend paid?
Nippon Life India Asset Management pays dividends on a semi annually basis. The specific dates may vary each year but are generally around June, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Nippon Life India Asset Management pay?
The specific amount of Nippon Life India Asset Management dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Nippon Life India Asset Management's dividend history.
Does Nippon Life India Asset Management stock pay dividends?
Yes, Nippon Life India Asset Management does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Nippon Life India Asset Management's dividend history.
How much dividend does Nippon Life India Asset Management pay?
Nippon Life India Asset Management paid ₹11.0 in 2024, ₹13.0 in 2023, ₹11.5 in 2022, ₹11.5 in 2021, and ₹5.0 in 2020.
How often does Nippon Life India Asset Management pay dividends?
Nippon Life India Asset Management typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around June, and November.
What is Nippon Life India Asset Management's dividend yield?
The current dividend yield for Nippon Life India Asset Management is 2.61%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Nippon Life India Asset Management's exact dividend yield.
When does Nippon Life India Asset Management go ex dividend?
Nippon Life India Asset Management's ex-dividend date for the latest dividend was on 2024-06-28. Nippon Life India Asset Management typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Nippon Life India Asset Management dividend paid?
Nippon Life India Asset Management pays dividends on a semi annually basis, typically around June, or November, but the exact dates can vary each year.
Will Nippon Life India Asset Management increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Nippon Life India Asset Management will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Nippon Life India Asset Management dividend per share?
Nippon Life India Asset Management paid ₹11.0 per share in 2024 and ₹13.0 per share in 2023. The amount of dividend per share that Nippon Life India Asset Management pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Nippon Life India Asset Management a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Nippon Life India Asset Management a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Nippon Life India Asset Management a dividend stock?
Yes, Nippon Life India Asset Management is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Nippon Life India Asset Management a good dividend stock?
Whether Nippon Life India Asset Management is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Nippon Life India Asset Management has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Nippon Life India Asset Management as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Nippon Life India Asset Management pay dividends monthly?
Nippon Life India Asset Management typically pays dividends on a semi annually basis.
Does Nippon Life India Asset Management pay dividends quarterly?
Nippon Life India Asset Management currently pays dividends on a semi annually basis.
Has Nippon Life India Asset Management ever paid a dividend?
Yes, Nippon Life India Asset Management has a history of paying dividends to its shareholders. Nippon Life India Asset Management is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Nippon Life India Asset Management dividend stocks?
To buy Nippon Life India Asset Management you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Nippon Life India Asset Management stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Nippon Life India Asset Management pay dividends 2024?
Nippon Life India Asset Management pays dividends on a semi annually basis. 2024 dividend payments are in 2024-08-11. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Nippon Life India Asset Management increase its dividend in 2024?
Decisions regarding Nippon Life India Asset Management dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Nippon Life India Asset Management dividend overview you can look into the above table of dividend history.
How Nippon Life India Asset Management dividend works?
The Nippon Life India Asset Management dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Nippon Life India Asset Management's dividend process works:

1. Determination of Dividend: Nippon Life India Asset Management's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, Nippon Life India Asset Management publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, Nippon Life India Asset Management distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from Nippon Life India Asset Management are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Nippon Life India Asset Management dividends paid?
Nippon Life India Asset Management dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Nippon Life India Asset Management sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, Nippon Life India Asset Management distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Nippon Life India Asset Management declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Nippon Life India Asset Management pay dividends?
Nippon Life India Asset Management typically pays dividends on a semi annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Nippon Life India Asset Management pay dividends?
The general pattern is that Nippon Life India Asset Management pays dividends around June, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Nippon Life India Asset Management dividend safe?
The safety of Nippon Life India Asset Management's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Nippon Life India Asset Management's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review Nippon Life India Asset Management's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.