Indian Oil Corporation Limited recommends final dividend of Rs. 7

The Board of directors of Indian Oil Corporation Limited has recommended a final dividend of 70% for the year 2023-24 i.e. Rs. 7.00 per equity share of face value of Rs.10/- each on the paid-up share capital, 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 declaration at the AGM. 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. 170.80 as compared to the previous close of Rs. 173.35. The total number of shares traded during the day was 1776253 in over 11385 trades.

The stock hit an intraday high of Rs. 175.00 and intraday low of 169.45. The net turnover during the day was Rs. 304908022.00.

Source : Equity Bulls

Keywords

IndianOilCorporation INE242A01010 IOC FinalDividend FY2024