Life Insurance Corporation of India provides life insurance products in India, Fiji, Mauritius, and the United Kingdom. It provides individual products, including participating insurance products; and non-participating products comprising savings insurance, term insurance, health insurance, annuity and pension, and unit-linked insurance products; special products for women and children, micro insurance products; and riders, an add-on covers to the base policy to facilitate additional benefits linked to the accident, critical illness, and death and premium waiver benefit. The company also offers group products, such as group term insurance, group savings insurance, group savings pension, and group annuity products. Life Insurance Corporation of India was incorporated in 1956 and is based in Mumbai, India.
Life Insurance of India Dividend Announcement
• Life Insurance of India announced a semi annually dividend of ₹6.00 per ordinary share which will be made payable on 2024-09-20. Ex dividend date: 2024-07-19 • Life Insurance of India annual dividend for 2024 was ₹10.00 • Life Insurance of India annual dividend for 2023 was ₹3.00 • Life Insurance of India's trailing twelve-month (TTM) dividend yield is 1.01%
Life Insurance of India current trailing twelve-month (TTM) dividend yield is 1.01%. Interested in purchasing Life Insurance of India stock? Use our calculator to estimate your expected dividend yield:
Life Insurance of India Financial Ratios
P/E ratio15.02
PEG ratio0.03
P/B ratio6.39
ROE51.03%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00
Life Insurance of India Dividend FAQ
How much is the next Life Insurance of India dividend?
Life Insurance of India's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Life Insurance of India dividend. The next Life Insurance of India dividend will be released in July.
When is Life Insurance of India dividend paid?
Life Insurance of India pays dividends on a semi annually basis. The specific dates may vary each year but are generally around July. 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 Life Insurance of India pay?
The specific amount of Life Insurance of India 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 Life Insurance of India's dividend history.
Does Life Insurance of India stock pay dividends?
Yes, Life Insurance of India 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 Life Insurance of India's dividend history.
How much dividend does Life Insurance of India pay?
Life Insurance of India paid ₹10.0 in 2024, ₹3.0 in 2023, ₹1.5 in 2022, ₹0.0 in 2021, and ₹0.0 in 2020.
How often does Life Insurance of India pay dividends?
Life Insurance of India typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around July.
What is Life Insurance of India's dividend yield?
The current dividend yield for Life Insurance of India is 1.01%. 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 Life Insurance of India's exact dividend yield.
When does Life Insurance of India go ex dividend?
Life Insurance of India's ex-dividend date for the latest dividend was on 2024-07-19. Life Insurance of India 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 Life Insurance of India dividend paid?
Life Insurance of India pays dividends on a semi annually basis, typically around July, but the exact dates can vary each year.
Will Life Insurance of India 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 Life Insurance of India 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 Life Insurance of India dividend per share?
Life Insurance of India paid ₹10.0 per share in 2024 and ₹3.0 per share in 2023. The amount of dividend per share that Life Insurance of India 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 Life Insurance of India 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 Life Insurance of India 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 Life Insurance of India a dividend stock?
Yes, Life Insurance of India is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Life Insurance of India a good dividend stock?
Whether Life Insurance of India is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Life Insurance of India has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Life Insurance of India 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 Life Insurance of India pay dividends monthly?
Life Insurance of India typically pays dividends on a semi annually basis.
Does Life Insurance of India pay dividends quarterly?
Life Insurance of India currently pays dividends on a semi annually basis.
Has Life Insurance of India ever paid a dividend?
Yes, Life Insurance of India has a history of paying dividends to its shareholders. Life Insurance of India is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Life Insurance of India dividend stocks?
To buy Life Insurance of India 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 Life Insurance of India 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 Life Insurance of India pay dividends 2024?
Life Insurance of India pays dividends on a semi annually basis. 2024 dividend payments are in 2024-09-20. 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 Life Insurance of India increase its dividend in 2024?
Decisions regarding Life Insurance of India 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 Life Insurance of India dividend overview you can look into the above table of dividend history.
How Life Insurance of India dividend works?
The Life Insurance of India 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 Life Insurance of India's dividend process works:
1. Determination of Dividend: Life Insurance of India'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, Life Insurance of India 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, Life Insurance of India 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 Life Insurance of India 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 Life Insurance of India dividends paid?
Life Insurance of India dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Life Insurance of India 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, Life Insurance of India distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Life Insurance of India 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 Life Insurance of India pay dividends?
Life Insurance of India typically pays dividends on a semi 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 Life Insurance of India pay dividends?
The general pattern is that Life Insurance of India pays dividends around July. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Life Insurance of India dividend safe?
The safety of Life Insurance of India'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 Life Insurance of India'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 Life Insurance of India'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.