Indian Oil Corporation Ltd board recommends final dividend of Rs. 1.50

The Board of directors of Indian Oil Corporation Ltd has recommended a final dividend of Rs. 1.50 per share (i.e. @ 15% on the paid up equity share capital) for the financial year 2020-21 subject to the approval of the shareholders at the ensuing Annual General Meeting (AGM) of the Company. The final dividend would be paid within 30 days from the date of its declaration at the AGM. This final dividend is in addition to the Interim Dividend(s) of Rs.10.50 per share paid for the financial year 2020-21.

Shares of INDIAN OIL CORPORATION LTD. was last trading in BSE at Rs.105.55 as compared to the previous close of Rs. 102. The total number of shares traded during the day was 2038236 in over 7443 trades.

The stock hit an intraday high of Rs. 105.85 and intraday low of 102.45. The net turnover during the day was Rs. 212846586.

Source : Equity Bulls

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