Life Insurance Corporation of India Dividends and Buybacks
Dividend criteria checks 4/6
Life Insurance of India is a dividend paying company with a current yield of 1.35% that is well covered by earnings.
Key information
1.3%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 0.7% |
| Dividend Growth | 61.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹12.000 |
| Payout ratio | 9% |
Recent dividend and buyback updates
Recent updates
Life Insurance Corporation of India Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
Jun 01
Further Upside For Life Insurance Corporation of India (NSE:LICI) Shares Could Introduce Price Risks After 30% Bounce
Feb 12Does Life Insurance Corporation of India (NSE:LICI) Deserve A Spot On Your Watchlist?
Jan 25Results: Life Insurance Corporation of India Exceeded Expectations And The Consensus Has Updated Its Estimates
May 27Why We're Not Concerned About Life Insurance Corporation of India's (NSE:LICI) Share Price
Aug 18Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, LICI has been paying a dividend for less than 10 years.
Growing Dividend: LICI'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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (LICI) | 1.3% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Insurance) | 1.0% |
| Analyst forecast (LICI) (up to 3 years) | 0.7% |
Notable Dividend: LICI's dividend (1.35%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: LICI's dividend (1.35%) is in the top 25% of dividend payers in the Indian market (1.15%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (9%), LICI's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (29.1%), LICI's dividend payments are well covered by cash flows.