LIC Housing Finance Dividend
Dividend criteria checks 5/6
LIC Housing Finance is a dividend paying company with a current yield of 1.13% that is well covered by earnings. Next payment date is on 28th September, 2024 with an ex-dividend date of 23rd August, 2024.
Key information
1.1%
Dividend yield
10%
Payout ratio
Industry average yield | 1.3% |
Next dividend pay date | 28 Sep 24 |
Ex dividend date | 23 Aug 24 |
Dividend per share | ₹9.000 |
Earnings per share | ₹86.52 |
Dividend yield forecast in 3Y | 1.7% |
Recent dividend updates
Recent updates
LIC Housing Finance (NSE:LICHSGFIN) Has Announced That It Will Be Increasing Its Dividend To ₹9.00
Jul 21Investors Don't See Light At End Of LIC Housing Finance Limited's (NSE:LICHSGFIN) Tunnel
Jun 26There's No Escaping LIC Housing Finance Limited's (NSE:LICHSGFIN) Muted Earnings
Mar 10We Ran A Stock Scan For Earnings Growth And LIC Housing Finance (NSE:LICHSGFIN) Passed With Ease
May 19LIC Housing Finance's (NSE:LICHSGFIN) Dividend Will Be ₹8.50
Sep 07LIC Housing Finance (NSE:LICHSGFIN) Is Due To Pay A Dividend Of ₹8.50
Aug 07LIC Housing Finance's (NSE:LICHSGFIN) Dividend Will Be Increased To ₹8.50
Sep 04LIC Housing Finance (NSE:LICHSGFIN) Is Increasing Its Dividend To ₹8.50
Aug 14LIC Housing Finance (NSE:LICHSGFIN) Is Paying Out A Larger Dividend Than Last Year
Jul 31What To Know Before Buying LIC Housing Finance Limited (NSE:LICHSGFIN) For Its Dividend
Mar 15What Type Of Returns Would LIC Housing Finance's(NSE:LICHSGFIN) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?
Feb 08What Kind Of Investors Own Most Of LIC Housing Finance Limited (NSE:LICHSGFIN)?
Jan 04Should LIC Housing Finance Limited (NSE:LICHSGFIN) Be Part Of Your Dividend Portfolio?
Nov 30Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: LICHSGFIN's dividends per share have been stable in the past 10 years.
Growing Dividend: LICHSGFIN's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
LIC Housing Finance Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (LICHSGFIN) | 1.1% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.1% |
Industry Average (Diversified Financial) | 1.3% |
Analyst forecast in 3 Years (LICHSGFIN) | 1.7% |
Notable Dividend: LICHSGFIN's dividend (1.13%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: LICHSGFIN's dividend (1.13%) is in the top 25% of dividend payers in the Indian market (1.11%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (10.4%), LICHSGFIN's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: LICHSGFIN is paying a dividend but the company has no free cash flows.