LIC dividend record date June 25: Last chance to buy shares today
Synopsis
Today is the last day retail investors can buy LIC shares and still qualify for the insurer's ₹10 per share final dividend — with the record date set for June 25. The payout comes on the back of LIC's strongest quarterly profit in its history as a listed entity, with net profit up 23.2% to ₹23,420 crore in Q4 FY26 and AUM crossing ₹57 lakh crore.
Key Takeaways
LIC has declared a final dividend of ₹10 per equity share for FY26 .
The record date is 25 June 2026 ; investors must purchase shares by 24 June under the T+1 settlement cycle to qualify.
LIC's Q4 FY26 net profit rose 23.2% year-on-year to ₹23,420 crore , the highest among CPSEs for that quarter.
Net premium income grew 11.6% to ₹1.7 lakh crore in Q4 FY26.
LIC's AUM stood at ₹57,29,396 crore as of 31 March 2026 , up 5% year-on-year.
Dividend income exceeding ₹5,000 in a financial year attracts TDS at 10% for resident individuals.
Life Insurance Corporation of India (LIC) shareholders have until the close of trade on Wednesday, 24 June 2026, to purchase shares and qualify for the insurer's final dividend of ₹10 per equity share. The company has fixed 25 June 2026 as the record date for the payout, meaning only investors holding shares in their demat accounts by that date will be eligible.
Why Today Is the Deadline
Under India's T+1 settlement cycle, shares bought on a given trading day are credited to the buyer's account the following business day. Investors who purchase LIC shares on or before 24 June will have those shares reflected in their accounts on 25 June — the record date — making them eligible for the dividend. Any purchase made on or after 25 June will not qualify for this payout cycle.
LIC's Strong Q4 FY26 Performance
LIC reported a 23.2% year-on-year rise in consolidated net profit for the January–March quarter of FY26 (Q4 FY26), reaching ₹23,420 crore compared to ₹19,013 crore in the same period a year earlier. The insurer retained its position as the highest profit-making company in India's financial sector and among Central Public Sector Enterprises (CPSEs) for that quarter.
Net premium income climbed 11.6% to ₹1.7 lakh crore from ₹1.5 lakh crore in Q4 FY25, reflecting sustained policyholder growth. Following these results, LIC shares surged nearly 5% in opening trade on the Bombay Stock Exchange (BSE) on 23 May 2026, touching ₹839 per share.
AUM Growth and Financial Strength
LIC's Assets Under Management (AUM) rose 5% year-on-year to ₹57,29,396 crore as of 31 March 2026, up from ₹54,52,297 crore a year earlier. The steady AUM expansion underscores the corporation's dominant position in India's insurance and investment landscape.
Tax Implications for Dividend Recipients
Dividends declared by companies are taxable in the hands of shareholders. For resident individuals, Tax Deducted at Source (TDS) applies at 10% if total dividend receipts from a company exceed ₹5,000 in a financial year. Shareholders are advised to factor this into their investment decisions before the record date.
What Investors Should Watch Next
The actual dividend credit to eligible shareholders' accounts is expected shortly after the record date, subject to standard processing timelines. With LIC sustaining profit momentum and AUM growth, market observers will be watching whether the corporation maintains its CPSE earnings leadership into FY27.
Point of View
420 crore quarterly profit, reflecting the government's dual imperative: reward shareholders while retaining capital in a state-owned insurer that manages over ₹57 lakh crore in public savings. The more consequential signal here is structural — LIC has now cemented its position as India's most profitable CPSE for two consecutive quarters, yet its share price at ₹839 still trades at a discount to private-sector peers on embedded-value metrics. The T+1 deadline is a retail investor education moment: millions of small shareholders remain unaware of settlement mechanics until the window closes. SEBI's T+1 shift was meant to accelerate efficiency; the LIC dividend rush each year tests whether that awareness has genuinely filtered down.
NationPress
24 Jun 2026
Frequently Asked Questions
What is the LIC dividend record date for FY26?
The record date for LIC's final dividend of ₹10 per equity share is 25 June 2026 . Only shareholders who hold LIC shares in their demat accounts on this date will be eligible to receive the dividend.
Why is 24 June the last day to buy LIC shares for the dividend?
Under India's T+1 settlement cycle , shares purchased on a given trading day are credited to the buyer's account the next business day. Buying on 24 June ensures the shares appear in the investor's account on 25 June — the record date — making them eligible for the payout.
How much dividend has LIC declared for FY26?
LIC has declared a final dividend of ₹10 per equity share for FY26, as per an exchange filing by the company. This follows a strong Q4 FY26 performance in which net profit rose 23.2% year-on-year to ₹23,420 crore.
Is LIC dividend income taxable?
Yes. Dividend income is taxable in the hands of shareholders. For resident individuals, TDS at 10% is deducted if total dividend receipts from LIC exceed ₹5,000 in a financial year.
How has LIC performed financially in Q4 FY26?
LIC reported a 23.2% year-on-year rise in consolidated net profit to ₹23,420 crore in Q4 FY26, with net premium income up 11.6% to ₹1.7 lakh crore. The insurer also retained its rank as the highest profit-making Central Public Sector Enterprise for that quarter.
