General Insurance Corporation of India has informed the Exchange that Board of Directors at its meeting held on May 26, 2025, recommended Final Dividend of Rs. 10 per equity share.
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On the reaction day the stock moved 3.9 pts less than Nifty Midcap 150 and 3.3 pts less than its General Insurance peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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The Board of Directors of General Insurance Corporation of India (GIC Re) met on May 26, 2025, and recommended a final dividend of Rs. 10 per equity share. This is subject to shareholder approval at the upcoming Annual General Meeting. The dividend amount indicates the company's intent to distribute a portion of its profits back to shareholders. GIC Re is a major public sector reinsurance company in India.
Shareholders holding shares before the record date (to be announced) will be eligible to receive the Rs. 10 per share dividend. This is a positive signal of profitability and shareholder return, though the actual yield depends on the current share price.