Hindustan Oil Exploration Company Ltd Dividend 2023 : Should Hindustan Oil Exploration Company Ltd be a part of your dividend portfolio?
Hindustan Oil Exploration Company Ltd is one of the most popular Energy company in the world with a market capitalisation of ₹2,088.78Cr. Its share price is ₹155.20 as on 28 September,2023.
The dividend is a percentage of earnings paid out to shareholders. Last year, Hindustan Oil Exploration Company Ltd gave ₹0.50 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Energy stocks do not always pay a dividend but as Hindustan Oil Exploration Company Ltd pays dividends to reward its shareholders.
In the quarter ending June 2010, Hindustan Oil Exploration Company Ltd has declared dividend of ₹0.50 - translating a dividend yield of 0.32%.
Let's look at Hindustan Oil Exploration Company Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Hindustan Oil Exploration Company Ltd’s revenue were ₹174.29Cr in the quarter ending June 2023. The revenue grew by 89.9% year on year basis since last quarter.
Hindustan Oil Exploration Company Ltd’s profits were ₹66.07Cr in the quarter ending June 2023. The profits grew by 104.23% year on year basis since last quarter.
Hindustan Oil Exploration Company Ltd’s dividend was ₹0.50 in the quarter ending June 2010.
Hindustan Oil Exploration Company Ltd Dividend related ratios:
Last dividend date: 12/08/2010
Current Dividend Yield: 0.32%
Annual dividend payment: ₹0.50
History of Hindustan Oil Exploration Company Ltd's Dividend payments