Large Cap ICICI Group Stock Recommends Rs 0.60/Share Final Dividend; Details Inside

ICICI Prudential Life Insurance Company Ltd., a leading company of ICICI Group recommended a Final dividend of Rs 0.60 per equity share in its Board meeting held on Thursday, April 20, 2023. The Company is promoted by ICICI Bank and Prudential Corporation. The company provides life insurance, pensions and health insurance products to individuals and groups. It is a large-cap company having a market capitalisation of Rs 65,555.70 crore.

Stock Overview -. Current Market Price, Returns, and 52-week Low/High

The last traded share price of the stock on NSE is Rs 455.70 apiece, up 2.27% from the previous close. Its 52 week low is Rs 380.70 apiece recorded on 16 March 2023 and 52 week high is Rs 608.75 apiece recorded on 2 September 2022, respectively. The stock has given 2.89% positive return in the past 1 week, and 12.36% in the past 1 month, respectively. However, it has given 13.41% negative return in the past 1 year. In 3 years it has given 20.46% positive return and in 5 years it has given 21.81% positive return.

Recommends Final Dividend of Rs 0.60 per equity share

The Board of Directors of the ICICI Prudential Life Insurance Company Ltd. in their exchange filing has said, "Recommendation of a final dividend of ₹ 0.60 per equity share of face value of ₹ 10 each, to the members of the Company which shall be subject to their approval at the ensuing Annual General Meeting. Please note that the final dividend shall be paid to the eligible members within 30 days from the declaration at the ensuing Annual General Meeting of the Company."

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