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Indian Oil Corporation Ltd

₹90

Indian Oil Corporation Ltd Dividend 2023 : 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 ₹1,28,390.30Cr. Its share price is ₹90 as on 4 October,2023.

The dividend is a percentage of earnings paid out to shareholders. Last year, Indian Oil Corporation Ltd gave ₹5.40 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 March 2023, Indian Oil Corporation Ltd has declared dividend of ₹3 - translating a dividend yield of 6%.

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 ₹1,99,504.53Cr in the quarter ending June 2023. The revenuefell by -11.1% year on year basis since last quarter.
  • Indian Oil Corporation Ltd’s profits were ₹14,436.96Cr in the quarter ending June 2023. The profits grew by 5267.5% year on year basis since last quarter.
  • Indian Oil Corporation Ltd’s dividend was ₹3 in the quarter ending March 2023.

Indian Oil Corporation Ltd Dividend related ratios:

  • Last dividend date: 16/05/2023
  • Current Dividend Yield: 6%
  • Annual dividend payment: ₹5.40

Indian Oil Corporation Ltd Dividend v/s Indian Oil Corporation Ltd Share price

History of Indian Oil Corporation Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATE
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
05/08/2021
CASH
₹1.50
19/05/2021
06/08/2021
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FAQs

Indian Oil Corporation Ltd current market price is ₹90 per share

Indian Oil Corporation Ltd has declared dividend worth ₹3 in the last year.

Indian Oil Corporation Ltd has declared dividend worth ₹3 in the latest quarter.

Indian Oil Corporation Ltd has declared dividend on 16/05/2023 of ₹3.

Indian Oil Corporation Ltd has declared dividend 1 times of ₹3 in the current financial year (FY2023-2024)

Indian Oil Corporation Ltd has declared dividend 1 times of ₹2.40 in the previous financial year (FY2022-2023)