GICRE
General Insurance Corporation of India
₹345.90
General Insurance Corporation of India Dividend 2024 : Should General Insurance Corporation of India be a part of your dividend portfolio?
General Insurance Corporation of India is one of the most popular Financial Services company in the world with a market capitalisation of ₹60,667.15Cr. Its share price is ₹345.90 as on 2 May,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, General Insurance Corporation of India gave ₹9.45 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
- Financial Services stocks do not always pay a dividend but as General Insurance Corporation of India pays dividends to reward its shareholders.
- In the quarter ending March 2023, General Insurance Corporation of India has declared dividend of ₹7.20 - translating a dividend yield of 2.73%.
Let's look at General Insurance Corporation of India’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- General Insurance Corporation of India’s revenue were ₹11,352.14Cr in the quarter ending December 2023. The revenuefell by -2.08% year on year basis since last quarter.
- General Insurance Corporation of India’s profits were ₹1,438.84Cr in the quarter ending December 2023. The profits grew by 16.77% year on year basis since last quarter.
- General Insurance Corporation of India’s dividend was ₹7.20 in the quarter ending March 2023.
General Insurance Corporation of India Dividend related ratios:
- Last dividend date: 25/05/2023
- Current Dividend Yield: 2.73%
- Annual dividend payment: ₹9.45
History of General Insurance Corporation of India's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
08/09/2023 | CASH | ₹7.20 | 25/05/2023 | 08/09/2023 |
07/06/2022 | CASH | ₹2.25 | 27/05/2022 | 08/06/2022 |
19/07/2019 | CASH | ₹6.75 | 23/05/2019 | 22/07/2019 |
12/07/2018 | CASH | ₹13.50 | 25/05/2018 | 14/07/2018 |
