IOC
Indian Oil Corporation Ltd
₹160.12
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 ₹2,33,353.46Cr. Its share price is ₹160.12 as on 21 October,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Indian Oil Corporation Ltd gave ₹15 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 2024, Indian Oil Corporation Ltd has declared dividend of ₹7 - translating a dividend yield of 9.37%.
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 ₹1,94,948.73Cr in the quarter ending June 2024. The revenuefell by -2.29% year on year basis since last quarter.
- Indian Oil Corporation Ltd’s profits were ₹3,528.49Cr in the quarter ending June 2024. The profits fell by -75.56% year on year basis since last quarter.
- Indian Oil Corporation Ltd’s dividend was ₹7 in the quarter ending March 2024.
Indian Oil Corporation Ltd Dividend related ratios:
- Last dividend date: 30/04/2024
- Current Dividend Yield: 9.37%
- Annual dividend payment: ₹15
History of Indian Oil Corporation Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
12/07/2024 | CASH | ₹7 | 30/04/2024 | 12/07/2024 |
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 |
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