Life Insurance Corporation of India Dividend
Dividend criteria checks 3/6
Life Insurance of India is a dividend paying company with a current yield of 0.86% that is well covered by earnings.
Key information
0.9%
Dividend yield
4%
Payout ratio
Industry average yield | 0.7% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₹56.94 |
Dividend yield forecast in 3Y | 0.5% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 543526 has been paying a dividend for less than 10 years.
Growing Dividend: 543526's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
Life Insurance Corporation of India Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (543526) | 0.9% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Insurance) | 0.7% |
Analyst forecast in 3 Years (543526) | 0.5% |
Notable Dividend: 543526's dividend (0.86%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: 543526's dividend (0.86%) is low compared to the top 25% of dividend payers in the Indian market (1.18%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (4.4%), 543526's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (82.2%), 543526's dividend payments are covered by cash flows.