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LIC Housing Finance Limited, a housing finance company, provides loans for the purchase, construction, repair, and renovation of houses/buildings in India. It offers deposits; home loans to residents and non-residents, as well as to pensioners; construction finance and term loans for builders/developers; and loans for staff quarters and other lines of credit for corporates. The company also provides loans against properties for companies and individuals; loans against securities; loans under rental securitization; and loans to professionals. In addition, it manages, advises, and acts as a trustee to venture capital and alternative investment funds; develops residential projects for senior citizens; and markets life and general insurance products, mutual funds, and credit and LIC cards. The company markets its products through home loan agents, direct sales agents, and customer relation associates. As of March 31, 2021, it operated through a network of 24 back offices, 282 marketing offices, 1 customer service point, and 9 regional offices, as well as representative offices in Dubai and Kuwait. LIC Housing Finance Limited was incorporated in 1989 and is based in Mumbai, India.

LIC Housing Finance Dividend Announcement

LIC Housing Finance announced a annually dividend of ₹9.00 per ordinary share which will be made payable on 2024-09-28. Ex dividend date: 2024-08-23
LIC Housing Finance annual dividend for 2024 was ₹9.00
LIC Housing Finance annual dividend for 2023 was ₹8.50
LIC Housing Finance's trailing twelve-month (TTM) dividend yield is 1.42%
LIC Housing Finance's dividend growth over the last five years (2018-2023) was 4.56% year
LIC Housing Finance's dividend growth over the last ten years (2013-2023) was 8.38% year

LIC Housing Finance Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-08-23₹9.00annually2024-09-28
2023-08-18₹8.50annually2023-09-27
2022-09-19₹8.50annually2022-10-29
2021-09-16₹8.50annually2021-10-27
2020-09-17₹8.00annually2020-10-28
2019-08-16₹7.60annually2019-09-27
2018-08-09₹6.80annually2018-09-19
2017-08-08₹6.20annually2017-09-17
2016-08-09₹5.50annually
2015-08-07₹5.00annually
2014-08-07₹0.50annually2014-09-18
2013-07-09₹3.80annually2013-08-24

LIC Housing Finance Dividend per year

LIC Housing Finance Dividend growth

LIC Housing Finance Dividend Yield

LIC Housing Finance current trailing twelve-month (TTM) dividend yield is 1.42%. Interested in purchasing LIC Housing Finance stock? Use our calculator to estimate your expected dividend yield:

LIC Housing Finance Financial Ratios

P/E ratio7.12
PEG ratio0.07
P/B ratio1.03
ROE15.53%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio16.80

LIC Housing Finance Dividend FAQ

How much is the next LIC Housing Finance dividend?
LIC Housing Finance's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next LIC Housing Finance dividend. The next LIC Housing Finance dividend will be released in August.
When is LIC Housing Finance dividend paid?
LIC Housing Finance pays dividends on a annually basis. The specific dates may vary each year but are generally around August. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does LIC Housing Finance pay?
The specific amount of LIC Housing Finance dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find LIC Housing Finance's dividend history.
Does LIC Housing Finance stock pay dividends?
Yes, LIC Housing Finance does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find LIC Housing Finance's dividend history.
How much dividend does LIC Housing Finance pay?
LIC Housing Finance paid ₹9.0 in 2024, ₹8.5 in 2023, ₹8.5 in 2022, ₹8.5 in 2021, and ₹8.0 in 2020.
How often does LIC Housing Finance pay dividends?
LIC Housing Finance typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around August.
What is LIC Housing Finance's dividend yield?
The current dividend yield for LIC Housing Finance is 1.42%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate LIC Housing Finance's exact dividend yield.
When does LIC Housing Finance go ex dividend?
LIC Housing Finance's ex-dividend date for the latest dividend was on 2024-08-23. LIC Housing Finance typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next LIC Housing Finance dividend paid?
LIC Housing Finance pays dividends on a annually basis, typically around August, but the exact dates can vary each year.
Will LIC Housing Finance increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether LIC Housing Finance will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is LIC Housing Finance dividend per share?
LIC Housing Finance paid ₹9.0 per share in 2024 and ₹8.5 per share in 2023. The amount of dividend per share that LIC Housing Finance pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is LIC Housing Finance a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is LIC Housing Finance a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is LIC Housing Finance a dividend stock?
Yes, LIC Housing Finance is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is LIC Housing Finance a good dividend stock?
Whether LIC Housing Finance is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. LIC Housing Finance has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating LIC Housing Finance 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.
Does LIC Housing Finance pay dividends monthly?
LIC Housing Finance typically pays dividends on a annually basis.
Does LIC Housing Finance pay dividends quarterly?
LIC Housing Finance currently pays dividends on a annually basis.
Has LIC Housing Finance ever paid a dividend?
Yes, LIC Housing Finance has a history of paying dividends to its shareholders. LIC Housing Finance is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy LIC Housing Finance dividend stocks?
To buy LIC Housing Finance you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy LIC Housing Finance 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.
When does LIC Housing Finance pay dividends 2024?
LIC Housing Finance pays dividends on a annually basis. 2024 dividend payments are in 2024-09-28. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will LIC Housing Finance increase its dividend in 2024?
Decisions regarding LIC Housing Finance dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date LIC Housing Finance dividend overview you can look into the above table of dividend history.
How LIC Housing Finance dividend works?
The LIC Housing Finance dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how LIC Housing Finance's dividend process works:

1. Determination of Dividend: LIC Housing Finance'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, LIC Housing Finance 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, LIC Housing Finance 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 LIC Housing Finance 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.
How are LIC Housing Finance dividends paid?
LIC Housing Finance dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: LIC Housing Finance 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, LIC Housing Finance distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: LIC Housing Finance 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.
How many times does LIC Housing Finance pay dividends?
LIC Housing Finance typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does LIC Housing Finance pay dividends?
The general pattern is that LIC Housing Finance pays dividends around August. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is LIC Housing Finance dividend safe?
The safety of LIC Housing Finance's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of LIC Housing Finance'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 LIC Housing Finance'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.