Indian Oil Corporation Limited has announced a second interim dividend for the financial year 2025–26, reaffirming its commitment to delivering consistent returns to shareholders while maintaining stable financial performance.
Board Approves Interim Dividend
The company’s board of directors approved a 20% interim dividend, which amounts to ₹2 per equity share with a face value of ₹10. The decision was taken during the latest board meeting after the company had earlier informed stock exchanges that it would consider an interim dividend.
Shareholders who qualify for the payout will receive the dividend on or before April 5, 2026, with the amount credited to their registered bank accounts.
Record Date for Dividend Eligibility
The company has fixed March 12, 2026, as the record date to determine which shareholders are eligible to receive the dividend.
Investors whose names appear in the company’s shareholder records on this date will qualify for the payment. The ex-dividend date is also March 12, meaning investors must purchase the shares before this date to be eligible for the dividend.
Dividend Payout History
Indian Oil has maintained a steady track record of distributing dividends to its shareholders.
- In December 2025, the company declared an interim dividend of ₹5 per share.
- Earlier in August 2025, it paid a final dividend of ₹3 per share.
- In the previous financial year, the company announced a final dividend of ₹7 per share, with the record date set for July 12, 2024.
- Additionally, an interim dividend of ₹5 per share was distributed in November 2023.
This consistent dividend policy highlights the company’s approach of sharing profits with investors while maintaining operational stability.
Summary
Indian Oil Corporation has declared a ₹2 per share second interim dividend for FY26, with March 12, 2026, set as the record date to determine eligible shareholders. The dividend will be paid on or before April 5, 2026. The announcement continues the company’s pattern of regular dividend payouts to shareholders over recent years.
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