Investors eyeing the upcoming bonus shares and dividend from Life Insurance Corporation of India (LIC) have a critical deadline: Wednesday, May 27, 2026. Due to a market holiday for Bakri Id on Thursday, May 28, today marks the final trading session to acquire LIC shares and be eligible for these corporate actions.
Understanding the LIC Bonus Share Issue
As per its recent exchange filing, LIC's board has approved a bonus equity share issue in a 1:1 ratio. This means for every one existing equity share of Rs 10 face value, shareholders will receive one new equity share of Rs 10 face value. This move aims to reward the company's extensive shareholder base.
Key Dates for Eligibility
- Last Trading Day to Buy: May 27, 2026 (Wednesday)
- Record Date for Bonus Shares: May 29, 2026 (Friday)
- Deemed Allotment Date for Bonus Shares: June 1, 2026 (Monday)
The record date is crucial as it determines which shareholders are eligible to receive the bonus shares. Only those holding LIC shares in their demat account by the end of May 29 will qualify for the allotment.
LIC Recommends Final Dividend of Rs 10 Per Share
In addition to the bonus issue, the LIC board has also recommended a final dividend of Rs 10 per share for the financial year 2025-26. This dividend is based on a face value of Rs 10 per share, which translates to Rs 20 per equity share on a pre-bonus issue basis.
Dividend Record Date
- Record Date for Dividend: June 25, 2026 (Thursday)
This dual benefit of bonus shares and a substantial dividend is set to impact approximately 21.11 lakh shareholders, reinforcing LIC's commitment to shareholder returns.
On Tuesday's trading session, LIC shares saw a positive movement, closing at Rs 855.15 apiece on the BSE, marking a 2.14% increase from the previous day's close of Rs 837.20 per share.