Leading public sector insurance major Life Insurance Corporation of India share price today settled with marginal rise of 0.12% on Bombay Stock Exchange (BSE) to Rs 871.05 per share as Sensex slid 624.84 points to 81,551.63. LIC share price witnessed gain of 10.04% in last 1-month when Sensex gained 2.95% and BSE Financial Services Index zoomed 2.59%. The PSU today recommended highest ever dividend of Rs 12/- per equity share of the face value of Rs 10/- each for the financial year ended March 31, 2025. The record date for dividend has been fixed as July 25, 2025. The state-backed firm has so far recommended four dividends since 2022. Check key details below:
LIC Recommends Final Dividend
According to the exchange filing of the leading PSU insurer issued as on May 27, 2025, “Recommended a final dividend of Rs. 12/- per equity share for the financial year ended March 31, 2025, subject to declaration by Members of the Corporation in the ensuing Annual General Meeting (AGM).”
LIC Sets Record Date For Final Dividend
The BSE filing added, “Further, in terms of Regulation 42 of the Listing Regulations, the Board has fixed July 25, 2025 as the “Record Date” for the purpose of ascertaining the eligibility of members of the Corporation for the proposed final dividend.”
Earlier in 2024, the PSU declared Rs 6 per share final dividend and Rs 4 per share interim dividend. In 2023, it declared a final dividend of Rs 3.00 per share and in 2022, it announced a final dividend of Rs 1.50 per share.
LIC Reveals Date of Upcoming AGM
The Annual General Meeting of the Members of the Corporation will be held on Tuesday, August 26, 2025, as per the BSE filing.
New Appointment
Based on the recommendation of Nomination & Remuneration Committee, the Board of Directors today gave nod to the appointment of Shri Ajay Kumar Shrivastava as Appointed Actuary (Key Managerial Personnel) of the Corporation, with effect from June 01, 2025 or the date of approval of his appointment by Insurance Regulatory and Development Authority of India (IRDAI), whichever is later.
LIC Shares Performance
The 52-week high of Life Insurance Corporation of India stock price on BSE stood at Rs 1221.50 per share (as on 01/08/2024) and 52-week low price is Rs 715.35 per share (as on 03/03/2025), respectively. LIC stock price declined 2.83% year-to-date (YTD), plunged 15.91% in last 1-year, and gained 44.20% in last 2-years. The stock delivered shareholders returns of 6.03% in last 2-years.
LIC Shares Declined 28.69% From 52-Week High Value
The PSU stock price witnessed decline of 28.69% from its 52-week high price of Rs 1221.50 at the current stock price of Rs 871.05 per share.
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