LIC Increases Stake to Record High in This Stock: Interim Dividend Likely LIC Increases Stake to Record High in This Stock: Interim Dividend Likely Additionally, the board may consider declaring an interim dividend for the fiscal year 2024-25 Karan Dsij / Friday, July 12, 2024 / Article rating: 3.4 Life Insurance Corporation of India (LIC). LIC has increased its stake in this stock, bringing its holding to a notable 6.07 per cent by the end of the June 2024 quarter.