LIC Dividend 2024 AmountA dividend is always calculated and paid on the face value of each stock.
LIC Dividend 2024 Ex-DateLIC has set July 19 as the ex-date for the final dividend.
LIC Dividend 2024 Record DateLIC has fixed July 19 as the record date for determining the eligibility of shareholders' participation in the next dividend or corporate action.
LIC Dividend 2024 Payment DateLIC has not yet announced the date for the payment of the final dividend.
LIC Dividend HistoryThis year, LIC paid a dividend of Rs 4 in February.
Written by : Anish Mondal Updated Jun 30, 2024 | 06:46 PM IST LIC has set July 19 as the ex-date for the final dividend. (Image: iStock/ET NOW NEWS)
LIC dividend 2024 News: The state-run Life Insurance Corporation of India ( LIC ) has announced a 60 per cent dividend payment on each stock for the financial year 2023-24. A dividend is a company's reward to its investors for their investment in the business. It is paid in cash from earnings.
LIC Share Price
Shares of LIC closed in green on Friday at Rs 992 apiece, up 0.03 per cent. The scrip registered a high of Rs 1014 and a low of Rs 985.20. More than 27.31 lakh equity shares changed hands at the same time. The company has a total market cap of Rs 6,27,439.77 crore, according to NSE.
LIC Dividend 2024 Amount
A dividend is always calculated and paid on the face value of each stock. Accordingly, a 60 per cent dividend translates into Rs 6 per equity share on the face value of Re 10.
"Recommended a final dividend of Rs. 6/- per equity share for the financial year ended March 31, 2024,” the company said in an exchange filing.
LIC Dividend 2024 Ex-Date
LIC has set July 19 as the ex-date for the final dividend.
LIC Dividend 2024 Record Date
LIC has fixed July 19 as the record date for determining the eligibility of shareholders' participation in the next dividend or corporate action.
LIC Dividend 2024 Payment Date
LIC has not yet announced the date for the payment of the final dividend.
LIC Share Price History
LIC is a component of the BSE 200. According to the BSE analytics (as of June 30), shares of LICI have fallen by 3.40 per cent and 7.31 per cent in the last 1 week and 2 weeks, respectively. In the last 3 months and 6 months, shares of the insurance company gained by 8.14 per cent and 19.62 per cent. On a YTD basis, shares of the state-run company climbed by 15.23 per cent. In the past 1 year and 2 years, shares of the company gained by 59.61 per cent and 49.10 per cent, respectively.
LIC Dividend History
This year, LIC paid a dividend of Rs 4 in February. Last year, the state-run insurance company announced a dividend of Rs 3 in July. In 2022, the company declared a dividend of Rs 1.5 in August.
LIC Dividend Yield
At the current market price, the dividend yield of Life Insurance Corporation of India is 1.01 per cent.
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)
