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 0.82% that is well covered by earnings.
Key information
0.8%
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
Further Upside For Life Insurance Corporation of India (NSE:LICI) Shares Could Introduce Price Risks After 30% Bounce
Feb 12
Does 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) | 0.8% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Insurance) | 0.7% |
| Analyst forecast in 3 Years (LICI) | 0.5% |
Notable Dividend: LICI's dividend (0.82%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: LICI's dividend (0.82%) 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%), LICI's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (82.2%), LICI's dividend payments are covered by cash flows.