Updated March 11, 2024, 4:45 PM IST
Oil India stock traded in the red on Monday. Last week, the company announced its second interim dividend to shareholders representing 85% of its paid-up capital. Oil India Dividend 2024 Record Date, Oil India Dividend 2024 Payment Date, Oil India Dividend History – Check All Details Here.
Oil India Dividend Record Date 2024 Latest News: Maharatna PSUs fix ex-date and payment date
Oil India Dividend 2024 Record Date, Oil India Dividend 2024 Payment Date: PSU major Oil India Limited (OIL) has announced the record date and payment date for giving the second interim dividend of FY 2023-24 to its shareholders. It was determined. In a regulatory filing, the company informed the exchanges about the outcome of the board meeting held on March 8 to consider and approve the second interim dividend of 85% to shareholders. Headquartered in Noida, the company is a central public sector entity 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.
Oil India Dividend 2024 Latest News
National exploration company Oil India has announced a second interim dividend of 85% to shareholders for the fiscal year 2023-24. The dividend rate is equivalent to Rs 8.50 per share of paid-up capital. Dividend amounts are always calculated based on the par value of the stock, not the market price.
Oil India Dividend 2024 Record Date
The company has set March 18 as the record date for determining shareholder eligibility for corporate litigation.
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Oil India Dividend Payment Date 2024
The second interim dividend for the fiscal year 2023-24 will be paid by April 7, 2024.
Oil India Dividend History
Ex-date amount (Rs)22 Nov 20233.5025 Aug 20235.5022 Feb 20231021 Nov 20224.5015 Sep 2022522 Feb 20225.75
oil india dividend yield
The company's dividend yield over the past 12 months is 3.09% at current levels.
Oil India Stocks Today News
Oil India stock price fell 3.11% to an intraday low of Rs 610.50. The counter has been losing money for the past two days, with its return decreasing by 2.92% during this period. The counter underperformed its sector by 1.45%.
Oil India stock price trend
The counter delivered a multibagger return of 136.12% in the past year, making investors rich with huge profits. According to BSE, the stock price has increased by a whopping 365.36 per cent in the last three years.
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