OIL
Oil India Ltd
₹566.90
Oil India Ltd Dividend 2024 : Should Oil India Ltd be a part of your dividend portfolio?
Oil India Ltd is one of the most popular Energy company in the world with a market capitalisation of ₹88,316.67Cr. Its share price is ₹566.90 as on 26 July,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Oil India Ltd gave ₹17.50 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 Oil India Ltd pays dividends to reward its shareholders.
- In the quarter ending December 2023, Oil India Ltd has declared dividend of ₹8.50 - translating a dividend yield of 3.09%.
Let's look at Oil India Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Oil India Ltd’s revenue were ₹9,724.77Cr in the quarter ending March 2024. The revenue grew by 21.19% year on year basis since last quarter.
- Oil India Ltd’s profits were ₹2,140.72Cr in the quarter ending March 2024. The profits grew by 22.83% year on year basis since last quarter.
- Oil India Ltd’s dividend was ₹8.50 in the quarter ending December 2023.
Oil India Ltd Dividend related ratios:
- Last dividend date: 08/03/2024
- Current Dividend Yield: 3.09%
- Annual dividend payment: ₹17.50
History of Oil India Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
18/03/2024 | CASH | ₹8.50 | 08/03/2024 | 18/03/2024 |
22/11/2023 | CASH | ₹3.50 | 09/11/2023 | 22/11/2023 |
25/08/2023 | CASH | ₹5.50 | 24/05/2023 | 26/08/2023 |
22/02/2023 | CASH | ₹10 | 10/02/2023 | 22/02/2023 |
21/11/2022 | CASH | ₹4.50 | 10/11/2022 | 22/11/2022 |
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