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LICI

Life Insurance Corporation of India

₹974.40

Life Insurance Corporation of India Dividend 2024 : Should Life Insurance Corporation of India be a part of your dividend portfolio?

Life Insurance Corporation of India is one of the most popular Insurance company in the world with a market capitalisation of ₹6,16,212.90Cr. Its share price is ₹974.40 as on 20 May,2024.

The dividend is a percentage of earnings paid out to shareholders. Last year, Life Insurance Corporation of India gave ₹7 for the full year, but should it be a part of your investments that give good dividends?

Key Highlights

  • Insurance stocks do not always pay a dividend but as Life Insurance Corporation of India pays dividends to reward its shareholders.
  • In the quarter ending December 2023, Life Insurance Corporation of India has declared dividend of ₹4 - translating a dividend yield of 0.72%.

Let's look at Life Insurance Corporation of India’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:

  • Life Insurance Corporation of India’s revenue were ₹2,14,260.14Cr in the quarter ending December 2023. The revenue grew by 8.22% year on year basis since last quarter.
  • Life Insurance Corporation of India’s profits were ₹9,468.99Cr in the quarter ending December 2023. The profits grew by 29.52% year on year basis since last quarter.
  • Life Insurance Corporation of India’s dividend was ₹4 in the quarter ending December 2023.

Life Insurance Corporation of India Dividend related ratios:

  • Last dividend date: 08/02/2024
  • Current Dividend Yield: 0.72%
  • Annual dividend payment: ₹7

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

History of Life Insurance Corporation of India's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATE
21/02/2024
CASH
₹4
08/02/2024
21/02/2024
21/07/2023
CASH
₹3
25/05/2023
21/07/2023
25/08/2022
CASH
₹1.50
30/05/2022
26/08/2022

FAQs

Life Insurance Corporation of India current market price is ₹974.40 per share

Life Insurance Corporation of India has declared dividend worth ₹7 in the last year.

Life Insurance Corporation of India has declared dividend worth ₹4 in the latest quarter.

Life Insurance Corporation of India has declared dividend on 08/02/2024 of ₹4.

Life Insurance Corporation of India has declared dividend 2 times of ₹7 in the previous financial year (FY2023-2024)