Oil India Dividend 2024 Record Date, Oil India Dividend 2024 Payment Date: PSU major Oil India Ltd (OIL) has fixed the record date and payment date to reward shareholders with a second interim dividend for the financial year 2023-24. The company in a regulatory filing informed the exchanges on the outcome of the board meeting which was held on 8th March to consider and approve the second interim dividend of 85 per cent to the shareholders. The Noida-headquartered company is a central public sector undertaking engaged in the business of exploration, development and production of crude oil and natural gas, transportation of crude oil and production of liquid petroleum gas.
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Oil India Dividend 2024 Latest News
State-run explorer Oil India has announced to reward shareholders with a second interim dividend of 85 per cent to the shareholders for the financial year 2023-24. The dividend percentage translates to Rs 8.50 per share of the paid-up capital. The dividend amount is always calculated on the face value of a stock and not on the market price.
Oil India Dividend 2024 Record Date
The company has fixed 18th March as the record date to determine the eligibility of the shareholders for the corporate action.
Oil India Dividend 2024 Payment Date
The second interim dividend 2023-24 will be paid on or before 07th April, 2024.
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Oil India Dividend History
| Ex-Date | Amount (Rs) |
| 22 Nov 2023 | 3.50 |
| 25 Aug 2023 | 5.50 |
| 22 Feb 2023 | 10 |
| 21 Nov 2022 | 4.50 |
| 15 Sep 2022 | 5 |
| 22 Feb 2022 | 5.75 |
Oil India Dividend Yield
The company has had a dividend yield of 3.09 per cent in the last 12 months at the current levels.
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Oil India Share Price Today News
Oil India share price touched an intraday low of Rs 610.50, tumbling 3.11 per cent. The counter has been losing for the last two days and has fallen 2.92 per cent returns in the period. The counter underperformed the sector by 1.45 per cent.
Oil India Share Price History
The counter has delivered multibagger returns of 136.12 per cent in the last one year, making investors richer with massive gains. The scrip climbed a whopping 365.36 per cent in the last three years, as per BSE.
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. Times Now Digital suggests its readers/audience to consult their financial advisors before making any money related decisions.)
