LIC has fixed June 25 as the record date for its Rs 10 final dividend, making today the last opportunity for investors to buy shares to qualify under the T+1 settlement cycle. The payout, subject to AGM approval, comes alongside broader dividend announcements across several listed companies.
LIC has fixed June 25 as the record date for its Rs 10 final dividend, making today the last opportunity for investors to buy shares to qualify under the T+1 settlement cycle. The payout, subject to AGM approval, comes alongside broader dividend announcements across several listed companies.
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Life Insurance Corporation of India (LIC) has fixed June 25 (Thursday) as the record date for its final dividend of Rs 10 per share, effectively making today the last day for interested investors to buy the shares of the insurance behemoth in order to qualify for the dividend payout.Only those shareholders who own LIC shares in their demat accounts as of Thursday will be eligible to receive the dividend. Under the market regulator SEBI’s T+1 settlement cycle, investors must buy shares of a comp…
