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Bloomberg Quint

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LIC Dividend Of Rs 12 Per Share For FY25— Check Record Date

  • LIC board recommends a final dividend of Rs 12 per share for the financial year ended March 31, 2025, totaling Rs 7,590 crore in dividend payments.
  • The proposed dividend is subject to shareholders' approval in the Annual General Meeting on Aug. 26; company sets record date as July 25 for dividend eligibility.
  • Government, owning 96% equity in LIC, will receive Rs 7,324 crore as dividend payment; LIC's consolidated net profit rose 38% in the Q4 of the fiscal year.
  • Before the dividend announcement, LIC's shares closed 0.12% higher at Rs 871.05 apiece on the BSE; net premium income fell 3.2% to Rs 1.48 lakh crore in Q4.

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