LIC Dividend Alert: Last Chance to Buy Shares for Rs 10 Payout

Investors looking to benefit from the Life Insurance Corporation of India’s (LIC) latest dividend announcement are facing a strict deadline. To qualify for the upcoming payout, shareholders must ensure their holdings are settled in their demat accounts before the official record date.

Understanding the LIC Dividend Timeline

LIC has officially fixed June 25 (Thursday) as the record date for its final dividend of Rs 10 per share for the financial year 2025-26. This payout is subject to shareholder approval at the upcoming Annual General Meeting (AGM) scheduled for July 27.

Due to the SEBI-mandated T+1 settlement cycle, the window for eligibility is narrow. Because shares must be credited to a shareholder's demat account by the record date, investors must complete their purchase at least one trading day prior. Consequently, today marks the effective last day for interested buyers to acquire LIC shares to ensure they are on the eligibility list for the Rs 10 per share dividend.

Contextualizing LIC’s Shareholder Returns

The Rs 10 dividend follows a period of significant corporate actions by the insurance behemoth. While this amount is slightly lower than the Rs 12 per share dividend paid last year, it comes on the heels of a major 1:1 bonus issue in late May.

During that bonus issue, LIC issued one fully paid-up equity share for every share held, capitalising up to Rs 6,325 crore from its reserves and surplus. As of December 31, 2025, the company's reserves and surplus stood at a robust nearly Rs 1.5 lakh crore, providing the necessary capital strength for such large-scale shareholder rewards.

Market Watch: Other Companies with June 25 Record Date

LIC is not alone in its dividend cycle this week. Several other prominent Indian companies have also fixed June 25 as their record date, offering a variety of payout scales for investors.

Among the high-value payouts, Supreme Industries leads the pack with a dividend of Rs 25 per share. Other notable mentions include Care Ratings at Rs 14 per share, Nippon Life AMC at Rs 12.5 per share, and Alkyl Amines Chemicals at Rs 10 per share. In the banking sector, IndusInd Bank has set its record date for a final dividend of Rs 1.5 per share. Other companies such as Dr Lal PathLabs (Rs 4) and Syngene International (Rs 1.25) are also part of this dividend cycle.

Key Takeaways

  • Critical Deadline: Today is the final opportunity to buy LIC shares to qualify for the Rs 10 dividend, thanks to the T+1 settlement rule and the June 25 record date.
  • Approval Process: The dividend payout is contingent upon shareholder approval during the Annual General Meeting (AGM) set for July 27.
  • Strong Financial Base: LIC continues to reward shareholders using its massive reserves, which recently stood at approximately Rs 1.5 lakh crore.