LICI
Life Insurance Corporation of India
₹780.90
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 ₹4,91,104.45Cr. Its share price is ₹780.90 as on 21 February,2025.The dividend is a percentage of earnings paid out to shareholders. Last year, Life 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
- 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 March 2024, Life Insurance Corporation of India has declared dividend of ₹6 - translating a dividend yield of 1.28%.
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 ₹2,04,569.34Cr in the quarter ending December 2024. The revenuefell by -4.52% year on year basis since last quarter.
- Life Insurance Corporation of India’s profits were ₹11,008.65Cr in the quarter ending December 2024. The profits grew by 16.26% year on year basis since last quarter.
- Life Insurance Corporation of India’s dividend was ₹6 in the quarter ending March 2024.
Life Insurance Corporation of India Dividend related ratios:
- Last dividend date: 27/05/2024
- Current Dividend Yield: 1.28%
- Annual dividend payment: ₹10
History of Life Insurance Corporation of India's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
19/07/2024 | CASH | ₹6 | 27/05/2024 | 19/07/2024 |
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 |
Life Insurance Corporation of India Dividend v/s Life Insurance Corporation of India Share price
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FAQs
What is current market price of Life Insurance Corporation of India (as on 21/02/2025)?
Life Insurance Corporation of India current market price is ₹780.90 per share
What is the dividend declared by Life Insurance Corporation of India in the last year?
Life Insurance Corporation of India has declared dividend worth ₹6 in the last year.
What is the latest dividend declared by Life Insurance Corporation of India?
Life Insurance Corporation of India has declared dividend worth ₹6 in the latest quarter.
When was the latest dividend declared by Life Insurance Corporation of India?
Life Insurance Corporation of India has declared dividend on 27/05/2024 of ₹6.
How many times did Life Insurance Corporation of India declare dividend in the current financial year?
Life Insurance Corporation of India has declared dividend 1 times of ₹6 in the current financial year (FY2024-2025)
How many times did Life Insurance Corporation of India declare dividend in the previous financial year?
Life Insurance Corporation of India has declared dividend 2 times of ₹7 in the previous financial year (FY2023-2024)