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Oil India Ltd

₹677.85

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 ₹73,457.61Cr. Its share price is ₹677.85 as on 14 June,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 2.58%.

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: 2.58%
  • Annual dividend payment: ₹17.50

Oil India Ltd Dividend v/s Oil India Ltd Share price

History of Oil India Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD 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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FAQs

Oil India Ltd current market price is ₹677.85 per share

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

Oil India Ltd has declared dividend worth ₹8.50 in the latest quarter.

Oil India Ltd has declared dividend on 08/03/2024 of ₹8.50.

Oil India Ltd has declared dividend 3 times of ₹17.50 in the previous financial year (FY2023-2024)