State-owned insurance company Life Insurance Corporation of India (LIC) is going to trade ex-bonus today.
This is the first time the company is offering bonus shares to its investors. LIC had already announced May 29 as the record date for the bonus issue.
1 Free Share for Every 1 Share
LIC has informed investors that shareholders will receive 1 bonus share for every 1 existing share with a face value of ₹10.
The company has fixed May 29, 2026, as the record date for the bonus issue. Investors whose names are listed in the company’s records on this date will be eligible to receive the bonus shares.
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LIC Also Announces Dividend
Along with the bonus shares, LIC has also announced a dividend for shareholders.
The company will pay a dividend of ₹10 per share. LIC has fixed June 25, 2026, as the record date for the dividend. Shareholders whose names remain in the company’s records on that date will receive the dividend payment.
Earlier in 2025, the company had traded ex-dividend and paid a dividend of ₹12 per share. In 2024, LIC paid a dividend of ₹10 per share to eligible investors. During that year, the stock traded ex-dividend twice.
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LIC Share Performance
On Thursday, LIC shares fell 2.95% and closed at ₹829.90.
The company’s stock price has declined 2.3% in the last three months. Over the past one year, the share price has fallen 11.90%.
Before adjusting for the bonus issue, 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.
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LIC Q4 Results
The government-owned insurance company announced the bonus shares last week.
LIC reported that its total net profit for the January–March 2026 quarter stood at ₹23,420 crore. This is a 23% increase on a yearly basis.
In the same quarter last year, the company had posted a net profit of ₹19,013 crore.
