GICRE
General Insurance Corporation of India
₹501
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 ₹88,202.46Cr. Its share price is ₹501 as on 22 December,2024.The dividend is a percentage of earnings paid out to shareholders. Last year, General Insurance Corporation of India gave ₹10 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 2024, General Insurance Corporation of India has declared dividend of ₹10 - translating a dividend yield of 2%.
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 ₹12,284.71Cr in the quarter ending September 2024. The revenuefell by -8.77% year on year basis since last quarter.
- General Insurance Corporation of India’s profits were ₹1,855.71Cr in the quarter ending September 2024. The profits grew by 9.87% year on year basis since last quarter.
- General Insurance Corporation of India’s dividend was ₹10 in the quarter ending March 2024.
General Insurance Corporation of India Dividend related ratios:
- Last dividend date: 28/05/2024
- Current Dividend Yield: 2%
- Annual dividend payment: ₹10
History of General Insurance Corporation of India's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
11/09/2024 | CASH | ₹10 | 28/05/2024 | 11/09/2024 |
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 |
