LIC Dividend Alert! Last Day to Secure Rs 10 Payout! 🚨
LIC Dividend Alert! Last Day to Secure Rs 10 Payout! 🚨
Don't miss out! Today is your *last chance* to buy LIC shares and qualify for the generous Rs 10 final dividend. Learn about the record date and settlement rules now!
Attention investors! If you're looking to snag a final dividend from Life Insurance Corporation of India (LIC), today, June 24, 2026, is your critical last opportunity to purchase shares. LIC has set June 25, 2026, as the record date for its impressive Rs 10 per equity share final dividend.
Understanding the T+1 settlement cycle is key here. According to the Securities and Exchange Board of India's (Sebi) rules, shares bought must be credited to your demat account by the record date. This means you need to buy at least one trading day before the record date. So, for a June 25 record date, June 24 is indeed the deadline.
This proposed dividend of Rs 10 per share, based on a face value of Rs 10 each, is for the financial year 2025-26 (FY26). Shareholders will need to approve this payout at the company's fifth Annual General Meeting (AGM), which is slated for July 27, 2026. For context, LIC had distributed a Rs 12 per share dividend in the preceding financial year.
It's been a busy year for LIC. Earlier in May, the company's shares traded ex-date for its first-ever bonus issue. This saw the insurer providing bonus shares in a 1:1 ratio, meaning one bonus share for every existing share held by investors.
Financially, LIC has shown strong performance. For the quarter ending March 31, 2026, the company reported a robust 23 percent year-on-year (YoY) increase in net profit, reaching Rs 23,467 crore. Its net premium income also saw a healthy rise of 12 percent YoY, hitting Rs 1.65 lakh crore during the March quarter. Furthermore, investment income grew by 17 percent YoY to Rs 1.09 lakh crore. These figures reflect a solid financial standing, making the dividend announcement even more appealing to potential investors.
