State-owned insurance company LIC is going to trade ex-bonus today. This is the first time the company is offering bonus shares.
LIC had already announced May 29 as the record date for the bonus issue. Let’s understand all the important details.
LIC has informed investors that it will give 1 bonus share for every 1 existing share with a face value of ₹10. This means shareholders will receive one extra share free for each share they already own.
The company has fixed May 29, 2026, as the record date for the bonus shares. Investors whose names appear in the company’s records on this date will be eligible to receive the bonus shares.
LIC Dividend Announcement
Along with bonus shares, LIC has also announced a dividend for investors. The company will pay a dividend of ₹10 per share.
LIC has fixed June 25, 2026, as the record date for the dividend. Investors whose names remain in the company’s records on this date will receive the dividend payment.
Earlier in 2025, LIC had paid a dividend of ₹12 per share. In 2024, the company paid ₹10 per share as dividend to eligible investors. During that year, the stock traded ex-dividend twice.
On Thursday, LIC shares fell 2.95% and closed at ₹829.90.
The stock has declined 2.3% in the last three months. Over the past one year, LIC shares have fallen 11.90%.
Before adjusting for the bonus shares, the stock’s 52-week high was ₹980.05, while the 52-week low was ₹722. LIC currently has a market capitalization of ₹5.24 lakh crore.
LIC Q4 Results
Last week, LIC announced the bonus shares along with its quarterly results.
The company reported a net profit of ₹23,420 crore for the January–March 2026 quarter. This is 23% higher compared to the same period last year.
In the same quarter a year ago, LIC had reported a net profit of ₹19,013 crore.