ICICI Prudential Life Insurance Declares Final Dividend of Rs 2

ICICI Prudential Life Insurance Declares Final Dividend of Rs 2

The Board of Directors of ICICI Prudential Life Insurance Company Ltd (ICICIPRULI) at its meeting held on Monday i.e. 19 April 2021, has declared Final Dividend of Rs 2 per equity share. The aforesaid board meeting commenced at 15:39 hrs and concluded at 18:17 hrs.

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ICICI Prudential Life Insurance Ltd Quarterly Result

The company on Monday reported 65% decrease in consolidated net profit at Rs 63 crore for the quarter ending March 31, 2021. It was Rs 179 crore in the year-ago period. Further, for the quarter ended March 31, 2021, its net premium income increased by 13.4 per cent to Rs 11,879.28 crore against Rs 10,475.12 crore in the corresponding quarter in the previous fiscal.

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ICICI Prudential Life Insurance Ltd Dividend Record Date

The company in its letter has informed the exchanges that it has fixed 17 June 2021 as the Record date. In addition, the declared dividend will be paid within 30 days of AGM.

Moreover, to receive dividend, you must have shares in your demat account on record date. Hence, you should buy shares before ex-dividend date. Note – If you buy shares on ex-dividend date, you will not be eligible to receive dividend. Bookmark our website for latest and upcoming dividend announced by companies in 2021.

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Above all, here is the copy of statement, the company has sent to the exchanges:

Please be informed that the Board of Directors at its Meeting held on April 19, 2021 have recommended payment of final dividend of Rs. 2/- per equity share of face value of Rs. 10 each, to the shareholders of the Company which shall be considered by them at the AGM. The Register of Members and Share Transfer Books of the Company will remain closed from Friday, June 18, 2021 to Friday, June 25, 2021.

Important Dates

  • Company – ICICI Prudential Life Insurance Company Ltd
  • Script Name – ICICIPRULI (NSE) and 540133 (BSE)
  • Dividend Amount – 2 Rs Per Share
  • Dividend Type – Final
  • Ex-Dividend Date – 16 Jun 2021
  • Record Date – 17 Jun 2021
  • Payment Date – Within 30 days

Also, you can find more information about ICICI Prudential Life Insurance Company Ltd on National Stock Exchange and Moneycontrol – The company is engaged in life insurance and asset management business and offers long term life insurance plans and is headquartered in Mumbai

 

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