Indian Oil Corporation dividend alert: Last day to buy shares to be eligible for Rs 5 interim dividend

Indian Oil Corporation has announced an interim dividend of Rs 5 per share for FY26. Investors must buy shares before the ex-dividend cut-off to be eligible. The PSU continues its long dividend track record, offering steady income appeal, with pay...

Reuters
Indian Oil interim dividend announced; last chance to qualify today.
Investors eyeing dividend income from the public sector undertaking, Indian Oil Corporation (IOC), should note that today, Wednesday, December 17, is the last day to buy IOC shares to be eligible for the interim dividend of Rs 5 per share.

Since the company has set Thursday, December 18, 2025, as the record date, the ex-dividend date is also December 18. According to stock market norms, investors must purchase shares at least one trading day before the ex-date to qualify for the dividend benefit.

Indian Oil Corporation, one of India’s leading public sector oil and gas companies, has officially announced an interim dividend of 50% or Rs 5 per equity share of face value Rs 10 for the financial year 2025–26. The decision was made at an earlier board meeting and communicated via regulatory filings.


The interim dividend will be paid on or before January 11, 2026, to all shareholders whose names appear in the company's records as of the record date, i.e., December 18.

As per data available on Trendlyne, Indian Oil has declared a total of 41 dividends since August 2001. In the past 12 months alone, it declared an equity dividend of Rs 3 per share.

Further, at a share price of Rs 167.74, this translates into a dividend yield of approximately 1.79%.
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With this interim dividend of Rs 5, the total dividend for the current fiscal year is set to rise, subject to further announcements and the final dividend at year-end.

Investors looking to receive this interim dividend must ensure their purchases are settled today, December 17.

Also read: Vijay Kedia buys 9 lakh shares of SME stock Mahamaya Lifesciences in Rs 12.5 crore block deal

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times.)
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