Indian Oil Corporation Ltd logo

IOC

Indian Oil Corporation Ltd

₹171.90

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 ₹2,42,461.66Cr. Its share price is ₹171.90 as on 11 July,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 8.73%.

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 ₹2,00,339.82Cr in the quarter ending March 2024. The revenuefell by -2.39% year on year basis since last quarter.
  • Indian Oil Corporation Ltd’s profits were ₹5,148.87Cr in the quarter ending March 2024. The profits fell by -49.96% 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: 8.73%
  • Annual dividend payment: ₹15

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
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
View More

FAQs

Indian Oil Corporation Ltd current market price is ₹171.90 per share

Indian Oil Corporation Ltd has declared dividend worth ₹12 in the last year.

Indian Oil Corporation Ltd has declared dividend worth ₹7 in the latest quarter.

Indian Oil Corporation Ltd has declared dividend on 30/04/2024 of ₹7.

Indian Oil Corporation Ltd has declared dividend 1 times of ₹7 in the current financial year (FY2024-2025)

Indian Oil Corporation Ltd has declared dividend 2 times of ₹8 in the previous financial year (FY2023-2024)