OIL
Oil India Ltd
₹280.90
Oil India Ltd Dividend 2023 : 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 ₹30,976.03Cr. Its share price is ₹280.90 as on 21 September,2023.
The dividend is a percentage of earnings paid out to shareholders. Last year, Oil India Ltd gave ₹25 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 March 2023, Oil India Ltd has declared dividend of ₹5.50 - translating a dividend yield of 8.90%.
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 ₹6,473.37Cr in the quarter ending June 2023. The revenuefell by -40.33% year on year basis since last quarter.
- Oil India Ltd’s profits were ₹1,426.60Cr in the quarter ending June 2023. The profits fell by -49.14% year on year basis since last quarter.
- Oil India Ltd’s dividend was ₹5.50 in the quarter ending March 2023.
Oil India Ltd Dividend related ratios:
- Last dividend date: 24/05/2023
- Current Dividend Yield: 8.90%
- Annual dividend payment: ₹25
History of Oil India Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
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 |
15/09/2022 | CASH | ₹5 | 27/05/2022 | 17/09/2022 |
22/02/2022 | CASH | ₹5.75 | 11/02/2022 | 23/02/2022 |
View More
