IOC
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
History of Indian Oil Corporation Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD 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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