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GICRE

General Insurance Corporation of India

₹384.85

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 ₹67,535.63Cr. Its share price is ₹384.85 as on 22 July,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 2.46%.

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 ₹10,385.58Cr in the quarter ending March 2024. The revenuefell by -0.59% year on year basis since last quarter.
  • General Insurance Corporation of India’s profits were ₹2,580.42Cr in the quarter ending March 2024. The profits fell by -5.45% 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: 2.46%
  • Annual dividend payment: ₹9.45

General Insurance Corporation of India Dividend v/s General Insurance Corporation of India Share price

History of General Insurance Corporation of India's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD 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

FAQs

General Insurance Corporation of India current market price is ₹384.85 per share

General Insurance Corporation of India has declared dividend worth ₹7.20 in the latest quarter.

General Insurance Corporation of India has declared dividend on 25/05/2023 of ₹7.20.

General Insurance Corporation of India has declared dividend 1 times of ₹7.20 in the previous financial year (FY2023-2024)