GK and monthly revision

LIC dividend alert! Last day to buy insurance behemoth’s shares for Rs 10 dividend

Life Insurance Corporation of India (LIC) has set June 25 as the record date for a final dividend of Rs 10 per share. This announcement indicates that investors must buy shares by today to qualify for the dividend under the T+1 settlement cycle. The dividend payout is subject to approval at the Annual General Meeting (AGM). This is significant as it highlights the financial health of LIC and reflects broader trends in dividend declarations among listed companies.