Life Insurance Corporation of India Stock Dividends
Life Insurance Corporation of India Stock Dividends Overview
LICI.BO pays dividends yearly. Last paid amount was ₹4.00 at Feb 21, 2024. As of today, dividend yield (TTM) is 0.84%.
Dividend Yield Range
AI Analysis of LICI.BO
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 0.84% |
|---|---|
| Frequency | Yearly |
| 1Y Growth | 33.33% |
| Payout Ratio | 0 |
| Amount Per Share | ₹4.00 |
| Next Ex-Dividend Date | Jul 19, 2024 |
| Next Payment Date | Sep 21, 2024 |
Upcoming Dividend Payment
To receive the upcoming dividend from LICI the purchase should be done within the next 21 days.
Here's a simple guide on how to buy LICI stock.
LICI Dividend Payout History
To ensure a understanding of LICI's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jul 19, 2024 | Jul 19, 2024 | Sep 21, 2024 | ₹6.00 | 0.605% |
| 2 | Feb 21, 2024 | Feb 21, 2024 | Feb 21, 2024 | ₹4.00 | 0.385% |
| 3 | Jul 21, 2023 | Jul 21, 2023 | Sep 21, 2023 | ₹3.00 | 0.458% |
| 4 | Aug 25, 2022 | Aug 25, 2022 | Oct 26, 2022 | ₹1.50 | 0.252% |
Dividend Sustainability
The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.
Sustainability score
Growth potential
LICI Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from LICI dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in LICI stock here.
