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Life Insurance of India (BOM:543526) Dividend Yield % : 0.71% (As of Apr. 27, 2024)


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What is Life Insurance of India Dividend Yield %?

As of today (2024-04-27), the Trailing Annual Dividend Yield of Life Insurance of India is 0.71%.

Good Sign:

Life Insurance Corporation of India stock dividend yield is close to 2-year high.

The historical rank and industry rank for Life Insurance of India's Dividend Yield % or its related term are showing as below:

BOM:543526' s Dividend Yield % Range Over the Past 10 Years
Min: 0.21   Med: 0.25   Max: 0.72
Current: 0.71

During the past 5 years, the highest Dividend Yield of Life Insurance of India was 0.72%. The lowest was 0.21%. And the median was 0.25%.

BOM:543526's Dividend Yield % is ranked worse than
91.54% of 402 companies
in the Insurance industry
Industry Median: 3.5 vs BOM:543526: 0.71

Life Insurance of India's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.00.

During the past 5 years, the highest Dividend Payout Ratio of Life Insurance of India was 0.05. The lowest was 0.03. And the median was 0.03.

As of today (2024-04-27), the Forward Dividend Yield % of Life Insurance of India is 0.71%.

Life Insurance of India's Dividends per Share for the three months ended in Dec. 2023 was ₹0.00.

During the past 12 months, Life Insurance of India's average Dividends Per Share Growth Rate was 100.00% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Life Insurance of India Dividend Yield % Historical Data

The historical data trend for Life Insurance of India's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Life Insurance of India Dividend Yield % Chart

Life Insurance of India Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
Dividend Yield %
- - - - 0.28

Life Insurance of India Quarterly Data
Mar19 Mar20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.22 0.28 0.24 0.46 0.36

Competitive Comparison of Life Insurance of India's Dividend Yield %

For the Insurance - Life subindustry, Life Insurance of India's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Life Insurance of India's Dividend Yield % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Life Insurance of India's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Life Insurance of India's Dividend Yield % falls into.



Life Insurance of India Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Life Insurance of India Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
INR 4.0002024-02-212024-02-212024-03-08Cash Dividendsemi-annuallyINR:INR 1.000000
INR 3.0002023-07-212023-07-212023-09-20Cash DividendannuallyINR:INR 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Life Insurance of India's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=7/988.05
=0.71 %

Current Share Price is ₹988.05.
Life Insurance of India's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹7.

Life Insurance of India's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=8/988.05
=0.81 %

Current Share Price is ₹988.05.
Life Insurance of India's Dividends per Share for the forward twelve months is calculated as ₹4 * 2 = ₹8.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Life Insurance of India  (BOM:543526) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Life Insurance of India Dividend Yield % Related Terms

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Life Insurance of India (BOM:543526) Business Description

Traded in Other Exchanges
Address
Jeevan Bima Marg, Central Office, Yogakshema, Nariman Point, Mumbai, MH, IND, 400021
Life Insurance Corporation of India is engaged in providing life insurance in India. The company offers diversified product portfolio covering various segments across individual products and approximately 178 group products.

Life Insurance of India (BOM:543526) Headlines

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