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Life Insurance Corporation Of India Dividend

Life Insurance Corporation Of India Dividend

stocks purchased

₹ 7.1 Cr

Volume Transacted

(Nov 14, 2024)

stocks purchased

78.1 K

Stocks Traded

(Nov 14, 2024)

Last Updated on: Nov 17, 2024

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Life Insurance Corporation of India

NSE: LICI

Dividend Payout (Final)

₹ 6

Ex-Dividend Date: Jul 19, 2024

Key Highlights

  • The Dividend Payouts of Life Insurance Corporation of India changed from ₹ 1.5 on Aug 25, 2022 to ₹ 6 on Jul 19, 2024 . This represents a CAGR of 41.42% over 4 years. .
  • The Latest Trading Price of Life Insurance Corporation of India is ₹ 908.3 as of 14 Nov 15:30.

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Monitoring Life Insurance Corporation of India share price can help you stay informed about potential market shifts and opportunities.

Company Fundamentals for Life Insurance Corporation of India

No data available

Historical Dividend Payouts of Life Insurance Corporation of India

No data available

* All values are in

Dividend Payout Over Time

No data available

Dividend Yield Comparison With Top Peers

* All values are in %

Net Profit Vs Dividend Per Share

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Life Insurance Corporation of India

NSE: LICI

PRICE

₹ 908.3

10.45 (1.16%)

stock direction

Last updated on: Nov 14 03:30 PM

SWOT Analysis Of Life Insurance Corporation of India

Strength

3

S

Weakness

2

W

Opportunity

0

O

Threats

0

T

BlinkX Score for Life Insurance Corporation of India

Revenue

Profitability

Affordability

Liquidity

Dividend

Overview of Dividend

  • <h2><strong>Types of Dividend</strong></h2><br> <h3>Special Dividend</h3> <p>A dividend is paid on common stock when a company has accumulated substantial profits over years, often seen as excess cash that doesn't need immediate use.</p> <br> <h3>Preferred Dividend</h3> <p>A quarterly dividend is paid to preferred stock owners, typically accumulating a fixed amount, and is earned on shares that function more like bonds.</p> <br> <h3>Interim Dividend</h3> <p>Companies declare interim dividends before final full-year accounts are prepared, specifically in India, during the financial year from April to March of the following year.</p> <br> <h3>Final Dividend</h3> <p>A final dividend is issued after the year's accounts have been compiled.
  • Aside from this, the following list highlights the most prevalent sorts of dividends:</p> <br>.

Types of Dividend


Special Dividend

A dividend is paid on common stock when a company has accumulated substantial profits over years, often seen as excess cash that doesn't need immediate use.


Preferred Dividend

A quarterly dividend is paid to preferred stock owners, typically accumulating a fixed amount, and is earned on shares that function more like bonds.


Interim Dividend

Companies declare interim dividends before final full-year accounts are prepared, specifically in India, during the financial year from April to March of the following year.


Final Dividend

A final dividend is issued after the year's accounts have been compiled. Aside from this, the following list highlights the most prevalent sorts of dividends:


Historical Market Cap of Life Insurance Corporation of India

No data available

* All values are in crore

Historical Revenue of Life Insurance Corporation of India

No data available

* All values are in crore

Historical EBITDA of Life Insurance Corporation of India

No data available

* All values are in crore

Historical Net Profit of Life Insurance Corporation of India

No data available

* All values are in crore

About Life Insurance Corporation of India

  • Life Insurance Corporation of India was established on September 01, 1956 under the Life Insurance Corporation Act, 1956.
  • The Corporation obtained Certificate of Registration, to undertake the business of life insurance by a Certificate dated September 20, 1956 issued by the Controller of Insurance in accordance with the provisions of the Insurance Act.
  • The Corporation obtained the Certificate of Registration from the IRDAI to undertake life insurance business on January 1, 2001 which was renewed on an annual basis under Section 3A of the Insurance Act.
  • Further, pursuant to amendment to Section 3A of the Insurance Act with effect from December 2014, the process of annual renewal of Certificate of Registration was discontinued. The Corporation is governed by provisions of the governing Act; it is also registered with the Insurance Regulatory and Development Authority of India (IRDAI) and is subject to such provisions of Insurance Regulatory and Development Authority (IRDA) Act, 1999 as amended, and regulations that are not inconsistent with the Act.

Life Insurance Corporation of India News Hub

News

LIC PAT slides 4% YoY to Rs 7,621 crore in Q2 FY25

On half yearly basis, the life insurer's net profit increased 3.51% to Rs 18,081.91 crore ...

Read more

09 Nov 202410:07

News

Life Insurance Corporation of India to discuss results

Life Insurance Corporation of India will hold a meeting of the Board of Directors of the C...

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25 Oct 202411:16

News

Life Insurance Corporation of India reduces stake in Mahanagar Gas Ltd.

Life Insurance Corporation of India ('the Corporation') has decreased its shareholding in ...

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27 Sep 202416:19

News

Life Insurance Corporation of India announces resignation of Chief Risk Officer

Life Insurance Corporation of India announced the resignation of S Sunder Krishnan vide le...

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26 Sep 202417:47

News

LIC selects Infosys to execute its digital transformation programme

Life Insurance Corporation of India (LIC) has undertaken a digital transformation programm...

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16 Sep 202410:58

News

LIC pares stake in Aurobindo Pharma

The life insurer sold ‬‬ 1,61,98,470 shares, or 2.745% equity, at an average cost of Rs 1,...

Read more

14 Sep 202415:16

FAQs for Dividends of Life Insurance Corporation of India

What is the current market price of Life Insurance Corporation of India as of November 17, 2024?

The current market price of Life Insurance Corporation of India stands at 908.3 per share.

What dividend did Life Insurance Corporation of India declare in the last fiscal year?

In the last fiscal year, Life Insurance Corporation of India declared a dividend totaling ₹3.0.

What is the most recent dividend declared by Life Insurance Corporation of India?

Life Insurance Corporation of India has declared dividend worth ₹0.0 in the latest quarter..

How many times has Life Insurance Corporation of India declared dividends in the current fiscal year?

Life Insurance Corporation of India has declared dividends 2 times totaling ₹0 in the current fiscal year (FY2024-2025).

How many times did Life Insurance Corporation of India declare dividends in the previous fiscal year?

In the previous fiscal year (FY2023-2024), Life Insurance Corporation of India declared dividends 4 times totaling ₹3.0.

What is Dividend Yield of Life Insurance Corporation of India?

The Life Insurance Corporation of India's Dividend Yield is 1.1 as of November 17, 2024

Will I get Life Insurance Corporation of India dividend if I have shares?

If you purchase Life Insurance Corporation of India stock on or after its ex-dividend date, you won’t receive the next dividend; the seller will. Buy before the ex-dividend date to receive the dividend.

Do I lose my Life Insurance Corporation of India dividend if I sell my shares?

Shareholders who sell their Life Insurance Corporation of India stock before the ex-dividend date do not receive the dividend.

How do I check if I am eligible for a Life Insurance Corporation of India dividend?

To be eligible for the Life Insurance Corporation of India dividend, you must buy the stock no later than one day before the ex-dividend date.

Is Life Insurance Corporation of India dividend automatically credited to a bank account?

If your bank mandate is registered with the registrar, the Life Insurance Corporation of India dividend amount will be automatically credited to your bank account.

Will I get Life Insurance Corporation of India dividend if I have shares?

If you purchase Life Insurance Corporation of India stock on or after its ex-dividend date, you won’t receive the next dividend; the seller will. Buy before the ex-dividend date to receive the dividend.
Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.
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