Shareholders of the Life Insurance Corporation of India (LIC) are set to see significant portfolio activity this June, as the insurance giant has announced both a bonus share issue and a final dividend for the financial year 2025-26.
Bonus Shares Allotment Confirmed
LIC previously set Friday, May 29, 2026, as the record date to determine eligibility for its 1:1 bonus issue. With this deadline now passed, the company has confirmed that the deemed date of allotment for these bonus equity shares is Monday, June 1, 2026. This means that for every fully paid-up share of Rs 10 held by an eligible investor before the cutoff, an additional free share will be credited to their demat account.
Final Dividend of Rs 10 Per Share
In addition to the bonus shares, LIC's board of directors has recommended a final dividend of Rs 10 per equity share for the financial year 2025-26. This translates to Rs 20 per equity share on a pre-bonus basis, as highlighted in the company's exchange filing.
Dividend Record Date and AGM
To be eligible for this Rs 10 per share dividend, investors must hold LIC shares by Thursday, June 25, 2026, which has been fixed as the record date. It is important to note that this final dividend remains subject to approval at LIC’s 5th Annual General Meeting (AGM), scheduled for Monday, July 27, 2026. Shareholders are encouraged to mark these key dates to ensure they benefit from these financial rewards.