ONGC Dividend 2022: Stock cracks 5% as it trades ex-date - Check record date, payment date

ONGC Dividend 2022, ONGC Share Dividend Record Date, Ex-Date, ONGC Share Price NSE: Oil and Natural Gas Corporation (ONGC) shares cracked in early morning deals on Monday, November 21, as the stock traded ex-dividend. The counter opened at Rs 136 apiece, falling more than 3 per cent from previous close of Rs 141.75. The selling pressure in the counter dragged it to trade at Rs 134.90 apiece at 10:02 AM. 

ONGC Share Dividend Amount

ONGC has announced that it will pay a dividend a whopping 135 per cent dividend to its shareholders. This translates into Rs 6.75 per share having face value of Rs 5 each.

ONGC Share Dividend Record Date 2022

The government-owned company has fixed the record date for determining the eligibility of shareholders for interim dividend payment for the financial year 2022-23. ONGC share dividend record date is November 22, according to an exchange filing by the company.

ONGC Share Price History

ONGC stock has given a negative yield of 6 per cent this year. The 52-week range of the stock is Rs 194.95 - Rs 119.85. Currently, the company's market cap is around Rs 1.70 lakh crore, according to the NSE website.

ONGC Q2 Results

ONGC reported 30 per cent fall in net profit for September quarter after the government levied windfall tax to take away gains arising from spurt in international oil and gas prices.

Net profit of Rs 12,825.99 crore, or Rs 10.20 a share, in July-September 2022-23 is compared with Rs 18,347.73 crore, or Rs 14.58 per share net profit in the same period a year back, the company said in a statement.

Profit fell 15.6 per cent over the preceding June quarter when it had reported Rs 15,205.85 crore net profit.

The company's gross billing for crude oil it produced soared 37.7 per cent to USD 95.49 per barrel in the quarter from USD 69.36 a barrel last year.

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