ICICI Lombard Dividend: The largest private general insurance provider in the nation is ICICI Lombard. Before Knowing About ICICI Lombard Upcoming Dividend, first we have to know about company. Through various distribution channels, the company offers :-
- A wide variety of goods.
- Including auto.
- Health.
- Crop.
- Fire.
- Personal accident.
- Marine.
- Engineering.
- Liability insurance.
With a history spanning over 21 years “ICICI Lombard” is dedicated to customer centricity. For the fiscal year that concluded on March 31, 2023, the company issued over 32.7 million policies, paid out 3.6 million claims, and had a GWP of 217.72₹ billion. As of March 31, 2023, ICICI Lombard had 305 branches and 12,865 workers.
ICICI Lombard Dividend 2023
| Company | ICICI Lombard Limited |
|---|---|
| Sector | Banking And Finance |
| Industry | General Insurance |
| Company Listed On | NSE, BSE |
| Dividend Announced Date | 28 September, 2023 |
| Dividend Ex-Date | 27 October, 2023 |
| Dividend Record Date | 27 October, 2023 |
| Dividend Type | Interim Type |
| Dividend Percentage | 50% |
| Dividend Amount | 5.00₹ |
| More Upcoming Dividends | Check Here |
ICICI Lombard Past Dividend History
| Date | Amount |
|---|---|
| 12 June, 2023 | 5.50₹ |
| 27 October, 2022 | 4.50₹ |
| 28 July, 2022 | 5.00₹ |
| 29 October, 2021 | 4.00₹ |
| 02 August, 2021 | 4.00₹ |
ICICI Lombard Company Fundamental
| Company Name | ICICI Lombard Ltd. |
|---|---|
| Market Capitalization | 64,349.40 Cr |
| PE Ratio | 36.3 |
| PB Ratio | 6.2 |
| Debt To Equity | 0.00 |
| 1 Year Return | 13.50% |
| ROE | 16.55% |
| ROA | 3.13% |
| ROCE | 20.61% |
| Face Value | 10.00₹ |
Over the past six years, ICICI Lombard General Insurance has produced an average annual dividend growth of 37%. It’s fantastic to see both dividends per share and earnings per share growing quickly over a number of years.
What is the future of ICICI Lombard stock?
Given its dominant position in India’s insurance industry, ICICI Lombard’s stock appears to have a bright future. It stands to gain from the rising demand for insurance goods in the nation as one of the top general insurance providers.
However, similar to all stocks, it will depend on a number of variables to determine how well it can manage risks, adjust to shifting market conditions, and maintain underwriting discipline.
To make educated selections about the possibilities of ICICI Lombard stock in their investment portfolio, investors need regularly follow the company’s financial performance, industry trends, and regulatory events.
Disclaimer :- Please do your own research before make any investment and we do not advise to buy or sell any financial entity.