Oil India Dividend: PSU firm's shares trade ex-date today; check out payment date

Oil India Dividend 2024: State-owned Oil India shares traded ex-date on Monday, March 18. The PSU firm announced its second interim dividend of Rs 8.5 per equity share for the financial year 2023-24 on March 8.

Oil India dividend record date 2024

The company has also fixed March 18 as the record date.

Oil India dividend payment date 2024

The company's interim dividend for the year ending March 31, 2024, will be paid on or before April 7, according to the company's filing dated March 8.

"Second Interim Dividend of Rs. 8.50/- per share (85% of paid-up capital) for the financial year 2023-24. The Second Interim Dividend 2023-24 will be paid on or before 07th April 2024," the regulatory filing read.

Oil India dividend history

The Maharatna company has announced an interim dividend of Rs 9 per equity share in the last 12 months.

Oil India share price history

Oil India shares have rewarded investors with a return of nearly 120 per cent in one year, sharply outperforming a nearly 30 per cent rally in the headline Nifty50 index.