IOC
Indian Oil Corporation Ltd
₹176.75
Indian Oil Corporation Ltd Dividend 2024 : Should Indian Oil Corporation Ltd be a part of your dividend portfolio?
Indian Oil Corporation Ltd is one of the most popular Energy company in the world with a market capitalisation of ₹2,42,249.84Cr. Its share price is ₹176.75 as on 29 April,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Indian Oil Corporation Ltd gave ₹8 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 Indian Oil Corporation Ltd pays dividends to reward its shareholders.
- In the quarter ending September 2023, Indian Oil Corporation Ltd has declared dividend of ₹5 - translating a dividend yield of 4.53%.
Let's look at Indian Oil Corporation Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Indian Oil Corporation Ltd’s revenue were ₹2,01,821.59Cr in the quarter ending December 2023. The revenuefell by -2.71% year on year basis since last quarter.
- Indian Oil Corporation Ltd’s profits were ₹9,029.56Cr in the quarter ending December 2023. The profits grew by 1067.77% year on year basis since last quarter.
- Indian Oil Corporation Ltd’s dividend was ₹5 in the quarter ending September 2023.
Indian Oil Corporation Ltd Dividend related ratios:
- Last dividend date: 31/10/2023
- Current Dividend Yield: 4.53%
- Annual dividend payment: ₹8
History of Indian Oil Corporation Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
10/11/2023 | CASH | ₹5 | 31/10/2023 | 10/11/2023 |
28/07/2023 | CASH | ₹3 | 16/05/2023 | 28/07/2023 |
11/08/2022 | CASH | ₹2.40 | 17/05/2022 | 12/08/2022 |
09/02/2022 | CASH | ₹4 | 31/01/2022 | 10/02/2022 |
11/11/2021 | CASH | ₹5 | 30/10/2021 | 12/11/2021 |
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