Life Insurance Corporation of India (LIC) announces a final dividend of ₹10 per equity share for the financial year 2025–26. The company sets June 25 as the record date to determine which investors receive the payout. As a result, June 25 is effectively the eligibility cutoff, and investors need to purchase LIC shares in time to be recorded in their demat accounts by the record date. Reporting notes that India’s market settlement cycle follows T+1, meaning trades typically settle one trading day later; therefore, shares must be bought at least one trading day before the record date to qualify. LIC had previously announced this dividend in May alongside its Q4 results, and the payment remains subject to shareholders’ approval at LIC’s Annual General Meeting scheduled for July 27. The dividend equals the amount mentioned in the exchange filing and is consistent with earlier reporting that it follows prior dividend payments of ₹12 per share in the previous year.
LIC sets June 25 record date for Rs 10 final dividend; last buy day is prior trading session
Life Insurance Corporation of India (LIC) announces a final dividend of ₹10 per equity share for the financial year 2025–26. The company sets June 25 as the record date to determine which investors re...
- LIC announces a final dividend of ₹10 per equity share.
- June 25 is the record date for dividend eligibility.
- Investors must buy shares so they are credited in their demat accounts by the record date, considering T+1 settlement.
- LIC announced the dividend alongside Q4 results in May and it is subject to approval at its AGM on July 27.
LIC has announced a final dividend of Rs 10 per equity share, as per an exchange filing from the company. The record date for determining the eligibility of the investors for the dividend's payout is on June 25.
20 hours agoLife Insurance Corporation of India (LIC) has fixed June 25 (Thursday) as the record date for its final dividend of Rs 10 per share, effectively making today the last day for interested investors to buy the shares of the insurance behemoth in order to qualify for the dividend payout.Only those shareholders who own LIC shares in their demat accounts as of Thursday will be eligible to receive the dividend. Under the market regulator SEBI’s T+1 settlement cycle, investors must buy shares of a company at least one trading day before the record date so that they are credited to their demat accounts by that day, making them eligible for the dividend.This effectively makes today the last date for investors to buy the shares of LIC so that they are credited to the shareholders’ accounts by the record date (Thursday), making them eligible for the payout.All about LIC dividendLIC in May announced a final dividend of Rs 10 per share for the financial year 2025-26, along with its Q4 results, subject to shareholders’ approval at its upcoming Annual General Meeting (AGM) scheduled for July 27 this year.The company fixed June 25 as the record date to determine the eligibility of shareholders set to receive the Rs 10 dividend. Earlier last year, the insurance behemoth paid a dividend worth Rs 12 per share.This comes after LIC shares went ex-record date for its first-ever bonus issue in a 1:1 ratio late in May. LIC in April approved the plan to issue one fully paid-up equity share of Rs 10 each for every fully paid-up equity share of Rs 10 each held by eligible shareholders as on the record date. The company said it will issue the bonus shares by capitalising up to Rs 6,325 crore out of its reserves and surplus available as of December 31, 2025, which stood at nearly Rs 1.5 lakh crore. It had fixed May 29 (Friday) as the record date for its 1:1 bonus issue.Also read: Did LIC shares really crash 50% in one day? Here's how the bonus math worksOther stocks turning ex-record date for dividendsA host of companies along with LIC have fixed June 25 as the record date for their respective dividends. Supreme Industries accounts for the highest payout at Rs 25 per share. IndusInd Bank meanwhile will pay a final dividend of Rs 1.5 per share.Other companies which have fixed June 25 as the record date for their respective dividends include Alkyl Amines Chemicals (Rs 10 per share), Allied Blenders and Distillers (Rs 5.4 per share), Anthem Biosciences (Rs 2 per share), Care Ratings (Rs 14 per share), Dr Lal PathLabs (Rs 4 per share), Ganesh Green Bharat (Rs 0.5 per share), GIC Housing Finance (Rs 4.5 per share), Mawana Sugars (Rs 4 per share), Nippon Life AMC (Rs 12.5 per share), SJS Enterprises (Rs 3.5 per share), Sona BLW Precision Forgings (Rs 1.8 per share), Syngene International (Rs 1.25 per share), Uflex (Rs 3 per share), Vaibhav Global (Rs 1.5 per share) and Visaka Industries (Rs 1.2 per share).Also read: City Union Bank to raise over Rs 500 crore through QIP(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
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