IOC dividend: Indian Oil announces 50% payout—checkout record date, payment date

IOC dividend 2023, IOC dividend record date 2023, IOC dividend payment date: State-run Indian Oil Corporation on Tuesday, October 31 announced an interim dividend of 50 per cent i.e. Rs 5 per equity share of face value of Rs 10 each for the year 2023-2024. 

IOC dividend 2023 record date, Indian Oil dividend record date 2023

The comapany's board has fixed Friday, November 10 as the "record date" for the purpose of ascertaining the eligibility of shareholders for payment of interim dividend. A record date is a date that determines the shareholders eligible to receive the benefit of a dividend. 

IOC dividend payment date, Indian Oil dividend payment date 2023

The interim dividend would be paid to eligible shareholders on or before November 30.

IOC dividend history, Indian Oil dividend history

Indian Oil Corporation has declared 37 dividends since August 27, 2001, as per data available on Trendlyne. Indian Oil Corporation has declared an equity dividend amounting to Rs 3 per share, in the past 12 months.

Source: NSE

Indian Oil share price history 

Indian Oil's stock has given a positive return of over 30 per cent in the last 12 months (from November 1, 2022). In comparison, the headline index Nifty 50 has rallied over 5 per cent. Indian Oil shares finished up 1.98 per cent at Rs 90 apiece on NSE.

For all other news related to business, politics, tech, sports and auto, visit Zeebiz.com.