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Castrol India Limited manufactures and markets automotive and industrial lubricants, and provides related services in India and internationally. It provides engine oils, axle lubricants, brake fluids, auto transmission fluids, greases, chain lubricants, fork and gear oils, driveline fluids, coolants, diesel exhaust fluids, and hydraulic fluids. The company offers its products under the Castrol POWER1 ULTIMATE, Castrol MAGNATEC, Castrol Activ, Castrol CRB Turbomax, Castrol GTX SUV, and Castrol VECTON brands. It serves the automotive, industrial, marine, and oil and gas industries. The company was founded in 1910 and is based in Mumbai, India. Castrol India Limited is a subsidiary of Castrol Limited.

Castrol India Dividend Announcement

Castrol India announced a semi annually dividend of ₹3.50 per ordinary share which will be made payable on 2024-08-28. Ex dividend date: 2024-08-07
Castrol India annual dividend for 2024 was ₹8.00
Castrol India annual dividend for 2023 was ₹6.50
Castrol India's trailing twelve-month (TTM) dividend yield is 3.62%
Castrol India's dividend growth over the last five years (2018-2023) was 6.47% year
Castrol India's dividend growth over the last ten years (2013-2023) was -0.74% year

Castrol India Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-08-07₹3.50semi annually2024-08-28
2024-03-21₹4.50semi annually
2023-08-08₹3.00semi annually2023-08-30
2023-05-04₹3.50semi annually2023-06-09
2022-08-08₹3.00semi annually2022-08-31
2022-06-02₹3.00semi annually2022-07-07
2021-08-11₹2.50semi annually2021-09-01
2021-04-22₹3.00semi annually2021-05-30
2020-11-05₹2.50semi annually2020-11-26
2020-06-26₹3.00semi annually2020-07-16
2020-04-23₹3.00semi annually
2019-08-08₹2.50semi annually2019-08-28
2019-05-09₹2.75semi annually2019-06-14
2018-08-09₹2.25semi annually2018-08-29
2018-04-25₹2.50semi annually2018-06-01
2017-09-05₹4.50semi annually2017-09-22
2017-05-25₹9.00semi annually2017-06-30
2017-05-22₹4.50semi annually
2017-03-07₹2.00semi annually2017-03-23
2016-08-05₹4.50semi annually2016-08-18
2016-04-27₹5.00semi annually2016-05-25
2015-08-06₹4.00semi annually2015-08-28
2015-05-06₹4.00semi annually
2014-08-04₹3.50semi annually2014-08-21
2014-05-02₹3.50semi annually2014-08-21
2013-08-06₹3.50semi annually2013-08-22
2013-04-12₹3.50semi annually2013-05-16

Castrol India Dividend per year

Castrol India Dividend growth

Castrol India Dividend Yield

Castrol India current trailing twelve-month (TTM) dividend yield is 3.62%. Interested in purchasing Castrol India stock? Use our calculator to estimate your expected dividend yield:

Castrol India Financial Ratios

P/E ratio24.68
PEG ratio2.63
P/B ratio10.24
ROE42.38%
Payout ratio0.00%
Current ratio1.91
Quick ratio1.54
Cash Ratio1.00

Castrol India Dividend FAQ

How much is the next Castrol India dividend?
Castrol India's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Castrol India dividend. The next Castrol India dividend will be released in May, or August.
When is Castrol India dividend paid?
Castrol India pays dividends on a semi annually basis. The specific dates may vary each year but are generally around May, and August. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Castrol India pay?
The specific amount of Castrol India dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Castrol India's dividend history.
Does Castrol India stock pay dividends?
Yes, Castrol India does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Castrol India's dividend history.
How much dividend does Castrol India pay?
Castrol India paid ₹8.0 in 2024, ₹6.5 in 2023, ₹6.0 in 2022, ₹5.5 in 2021, and ₹8.5 in 2020.
How often does Castrol India pay dividends?
Castrol India typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around May, and August.
What is Castrol India's dividend yield?
The current dividend yield for Castrol India is 3.62%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Castrol India's exact dividend yield.
When does Castrol India go ex dividend?
Castrol India's ex-dividend date for the latest dividend was on 2024-08-07. Castrol India typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Castrol India dividend paid?
Castrol India pays dividends on a semi annually basis, typically around May, or August, but the exact dates can vary each year.
Will Castrol India increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Castrol India will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Castrol India dividend per share?
Castrol India paid ₹8.0 per share in 2024 and ₹6.5 per share in 2023. The amount of dividend per share that Castrol India pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Castrol India a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Castrol India a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Castrol India a dividend stock?
Yes, Castrol India is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Castrol India a good dividend stock?
Whether Castrol India is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Castrol India has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Castrol India as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Castrol India pay dividends monthly?
Castrol India typically pays dividends on a semi annually basis.
Does Castrol India pay dividends quarterly?
Castrol India currently pays dividends on a semi annually basis.
Has Castrol India ever paid a dividend?
Yes, Castrol India has a history of paying dividends to its shareholders. Castrol India is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Castrol India dividend stocks?
To buy Castrol India you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Castrol India stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Castrol India pay dividends 2024?
Castrol India pays dividends on a semi annually basis. 2024 dividend payments are in 2024-08-28. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Castrol India increase its dividend in 2024?
Decisions regarding Castrol India dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Castrol India dividend overview you can look into the above table of dividend history.
How Castrol India dividend works?
The Castrol India dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Castrol India's dividend process works:

1. Determination of Dividend: Castrol India's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, Castrol India publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, Castrol India distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from Castrol India are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Castrol India dividends paid?
Castrol India dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Castrol India sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, Castrol India distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Castrol India declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Castrol India pay dividends?
Castrol India typically pays dividends on a semi annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Castrol India pay dividends?
The general pattern is that Castrol India pays dividends around May, and August. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Castrol India dividend safe?
The safety of Castrol India's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Castrol India's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review Castrol India's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.