Life Insurance Corporation of India (LIC) has set June 25, 2026 as the record date for its ₹10 per share final dividend, making today the last opportunity for investors to purchase shares to qualify under the T+1 settlement cycle. According to IANS, retail shareholders have until June 24 to buy LIC shares to qualify for the dividend payout, with shares must be purchased by June 24 to be reflected in investor accounts on the record date. The company had earlier paid a dividend worth ₹12 per share last year, and this comes after LIC shares went ex-record date for its first-ever bonus issue in a 1:1 ratio late in May. Under SEBI's T+1 settlement cycle, investors must buy shares at least one trading day before the record date to ensure crediting to demat accounts by that day. As per IANS, LIC's board recommended this final dividend of ₹10 per equity share for 2025-26, announced along with the earnings for the fourth quarter of FY26.
June 25 has the highest concentration with 17 companies setting this date for their final dividend payouts. Supreme Industries offers the highest dividend at ₹25 per share, while Visaka Industries has declared the lowest payout at ₹1.20 per share. CARE Ratings provides ₹14 per share, Nippon Life India Asset Management offers ₹12.50 per share, and Sona BLW Precision Forgings provides ₹1.80 per share. IndusInd Bank offers ₹1.50 per share, Dr Lal PathLabs provides ₹4 per share, and Mawana Sugars offers ₹4 per share. The record dates for these payouts range from June 26 to July 27, 2026, demonstrating the extended timeline for dividend distributions across different sectors.
LIC reported a 23.2% year-on-year increase in its net profit for Q4 FY26, posting a consolidated bottom-line of ₹23,420 crore compared to ₹19,013 crore in the year-ago period. According to a regulatory filing, the insurance giant's net premium income rose 11.6% to ₹1.7 lakh crore from ₹1.5 lakh crore in the corresponding quarter of the last year. This strong financial performance supports the company's decision to declare the ₹10 per share final dividend and reflects the insurer's robust operational metrics during the quarter. The insurance giant retained its top position among Central Public Sector Enterprises (CPSEs) in terms of quarterly profit during the fourth quarter of FY26, demonstrating consistent market leadership in the financial sector.
LIC shares surged nearly 5% in opening trade on May 23, touching ₹839 apiece following the company's strong quarterly performance announcement. As per IANS, this price movement reflects positive market sentiment around the insurer's robust financial results. LIC's Assets Under Management (AUM) rose 5% year-on-year to ₹57,29,396 crore as of March 31, 2026, compared to ₹54,52,297 crore a year earlier, further strengthening the company's market position. The ex-dividend date marks when share prices adjust to reflect the upcoming payout, ensuring that investors who purchase shares after this date receive the adjusted price but are not entitled to the dividend payment, while those holding shares before the ex-dividend date maintain their full entitlement to the dividend distribution.
