1 week ago
LIC Housing Finance Announces 500% Final Dividend, Record Date
LIC Housing Finance has proposed giving shareholders Rs 10 for each share they own.
Because each share has a face value of Rs 2, this is described as a 500% dividend.
Shareholders must approve the proposal at a meeting on August 28, 2026.
The meeting will happen online.
If approved, the money will be paid between September 17 and September 27, after tax is deducted where required.
Shareholders need to submit tax documents by August 25, 2026.
The company also reported that its profit increased in the first quarter of FY27.
Its shares were trading at Rs 509, although they were down over the previous year.
LIC Housing Finance recommended a final dividend of Rs 10 per equity share for FY26.
The dividend equals 500% of the share’s Rs 2 face value and requires shareholder approval.
The 37th AGM is scheduled for August 28, 2026, through video conferencing.
If approved, the dividend will be paid between September 17 and September 27, 2026, after applicable TDS.
Q1 FY27 net profit rose 9.9% year on year to Rs 1,499 crore, while shares traded 2.11% higher at Rs 509.
- Who
- LIC Housing Finance and its shareholders.
- What
- The company recommended a Rs 10 final dividend per equity share for FY26 and reported Q1 FY27 financial results.
- Where
- The AGM will be conducted through video conferencing and other audio-visual means.
- When
- The AGM is scheduled for August 28, 2026; tax documents are due by August 25, 2026; dividend payment is expected between September 17 and September 27, 2026, if approved.
- Why
- The dividend was recommended for the financial year 2025-26 and is subject to shareholder approval.
Key facts
- Final dividend
- Rs 10 per equity share
- Dividend rate
- 500% of the Rs 2 face value
- AGM date
- August 28, 2026
- Expected payment period
- On or after September 17 and before September 27, 2026
- Q1 FY27 net profit
- Rs 1,499 crore, up 9.9% year on year
- Q1 FY27 net interest income
- Rs 2,087 crore, up 0.6% year on year
- Share price cited
- Rs 509, up 2.11% in Thursday’s trade; down 12.26% over one year
Sources
Related news
Dividend Record Dates Ahead for HAL, Jio Financial, Indus Tower
SAIL Sets September 30 Record Date for ₹2.35 Dividend
HAL Proposes 200% Final Dividend With August 14 Record Date
RVNL, Sun TV, Mahanagar Gas turn ex-dividend on August 18
Five Indian Stocks Turn Ex-Dividend on Friday, August 28
BEL dividend: August 13 record date, FY26 payout Rs 2.50
Subhash Chandra Challenges Five-Member NCLT Bench in Insolvency Case
Subhash Chandra Challenges Five-Member Bench in Insolvency Case
NCLT halts Subhash Chandra asset sale amid lender challenge
NCLT Stays Subhash Chandra’s Repayment Plan, Bars Asset Sales
NCLT Deadlock Sends Subhash Chandra Debt Plan To Five-Member Bench
