Indian Oil Corporation recommends final dividend of Rs. 3.60

The Board of directors of Indian Oil Corporation Ltd has recommended a final dividend of Rs. 3.60 per equity share having face value of Rs. 10/- each (pre-bonus), which translates into final dividend of Rs. 2.40 per equity share having face value of Rs. 10/- each (post-bonus) for financial year 2021-22, subject to the approval of the shareholders of the Company. The final dividend would be paid within 30 days from the date of declaration at the AGM. The final dividend is in addition to the Interim Dividend(s) of Rs. 9.00 per share (pre-bonus) paid for the financial year 2021-22. The record date for payment of final dividend would be fixed and announced in due course.

Shares of Indian Oil Corporation Limited was last trading in BSE at Rs. 124.40 as compared to the previous close of Rs. 122.10. The total number of shares traded during the day was 1384003 in over 11697 trades.

The stock hit an intraday high of Rs. 126.00 and intraday low of 121.55. The net turnover during the day was Rs. 170243687.00.

Source : Equity Bulls

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IndianOilCorporation INE242A01010 IOC FinalDividend FY2022