ICICI Lombard General Insurance Company Limited provides various general insurance products and services in India. The company primarily offers motor, car, two wheeler, health, health booster, personal accident, travel, home, marine, NRI, business, third party, crop, rural, fire, engineering, liability, employee group, cattle, weather, and cyber insurance products; and reinsurance services. It serves customers through body corporates, as well as small, micro, and medium enterprises; state and central governments, government-owned enterprises, and rural customers; and agents, brokers, bancassurance, telesales, direct alliances, motor insurance service providers, and online platforms. The company was incorporated in 2000 and is based in Mumbai, India.
ICICI Lombard General Insurance Dividend Announcement
• ICICI Lombard General Insurance announced a semi annually dividend of ₹5.50 per ordinary share which will be made payable on 2024-11-16. Ex dividend date: 2024-10-28
• ICICI Lombard General Insurance annual dividend for 2024 was ₹11.50
• ICICI Lombard General Insurance annual dividend for 2023 was ₹10.50
• ICICI Lombard General Insurance's trailing twelve-month (TTM) dividend yield is 0.59%
ICICI Lombard General Insurance Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-28 | ₹5.50 | semi annually | 2024-11-16 |
2024-06-07 | ₹6.00 | semi annually | 2024-07-10 |
2023-10-27 | ₹5.00 | semi annually | 2023-11-10 |
2023-06-12 | ₹5.50 | semi annually | 2023-07-21 |
2022-10-27 | ₹4.50 | semi annually | 2022-11-16 |
2022-07-28 | ₹5.00 | semi annually | 2022-09-03 |
2021-10-29 | ₹4.00 | semi annually | 2021-11-19 |
2021-08-02 | ₹4.00 | semi annually | 2021-09-08 |
2021-03-18 | ₹4.00 | semi annually | 2021-04-04 |
2019-10-31 | ₹3.50 | semi annually | 2019-11-17 |
2019-06-19 | ₹3.50 | semi annually | 2019-07-27 |
2018-10-29 | ₹2.50 | semi annually | 2018-11-19 |
2018-07-04 | ₹2.50 | semi annually | 2018-08-10 |
2017-10-26 | ₹0.75 | semi annually | 2017-11-16 |
ICICI Lombard General Insurance Dividend per year
ICICI Lombard General Insurance Dividend growth
ICICI Lombard General Insurance Dividend Yield
ICICI Lombard General Insurance current trailing twelve-month (TTM) dividend yield is 0.59%. Interested in purchasing ICICI Lombard General Insurance stock? Use our calculator to estimate your expected dividend yield:
ICICI Lombard General Insurance Financial Ratios
ICICI Lombard General Insurance Dividend FAQ
Other factors to consider when evaluating ICICI Lombard General Insurance as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Place an order: Use the brokerage's trading platform to place an order to buy ICICI Lombard General Insurance stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
1. Determination of Dividend: ICICI Lombard General Insurance's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, ICICI Lombard General Insurance publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, ICICI Lombard General Insurance distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from ICICI Lombard General Insurance are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: ICICI Lombard General Insurance sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, ICICI Lombard General Insurance distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: ICICI Lombard General Insurance declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of ICICI Lombard General Insurance's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review ICICI Lombard General Insurance's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.