LIC dividend 2023: Board to meet on this date to consider payout; shares up 1.5%

LIC dividend 2023: The board of Life Insurance Corporation (LIC) is scheduled to meet on May 24, Wednesday, to consider and approve its final dividend for the FY 2022-23. "Board of Directors will consider, inter alia, the proposal for recommending final Dividend for the FY 2022-23, If any, in the meeting to be held on 24th May 2023, " state-run life insurance giant's communique read.

LIC dividend history

Source: NSE

LIC share price NSE, LIC share price history 

Shares of Life Insurance Corporation of India, LICI surged on Monday. The counter opened at Rs 569 on NSE. At 10:26, the stock quoted Rs 573.45, up by Rs 8.45 or 1.50 per cent. As of May 22, LIC stock has given a negative return of 30 per cent in one year (May 22, 2022), sharply outperforming a 13 per cent rise in the index. Recently, LIC shares completed one year of its listing. On May 17, 2022, LIC scrip began trading on the bourses, BSE and NSE with the trading symbol LICI.

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