Hindustan Petroleum Corporation Limited refines and markets petroleum products in India and internationally. The company operates through Downstream Petroleum and All Other segments. It offers petrol, diesel, kerosene, liquefied petroleum gas (LPG), naphtha lubricants, specialties, and greases, as well as aviation turbine fuel; and markets and exports bulk fuels, bitumen, solvents, jet and marine fuel, marine lubes, household insecticides, hexane, propylene, jute batch oil, turpentine oil, carbon black feed stock, molten sulphur, and superior kerosene oil (SKO). The company is also involved in international trade activities, including crude oil imports, petroleum product imports/exports, import/export registration, shipping. Further, the company markets bulk fuels and petroleum products to industrial consumers like power plants, chemicals, fertilisers, shipping companies, and airlines. In addition, it offers LPG products under the HP Gas brand, as well as bulk LPG products for industries; and operates retail petrol pumps and pipelines for the transportation of petroleum products. Further, the company explores for and produces hydrocarbons, as well as provides management services for exploration and production blocks; and operates sugar ethanol-cogen plants in Bihar, and wind power plants in Maharashtra and Rajasthan. As of March 31, 2022, it operated through a marketing network of 137 regional offices; 70 depots; 53 LPG bottling plants; 47 aviation service facilities; 20,025 retail outlets; 1,638 SKO and light diesel oil dealers; and 6,243 LPG distributors, as well as 42 terminals, installation, and tap off points. The company was founded in 1910 and is headquartered in Mumbai, India. Hindustan Petroleum Corporation Limited is a subsidiary of Oil and Natural Gas Corporation Limited.
Hindustan Petroleum Dividend Announcement
• Hindustan Petroleum announced a semi annually dividend of ₹11.00 per ordinary share which will be made payable on 2024-09-22. Ex dividend date: 2024-08-09
• Hindustan Petroleum annual dividend for 2024 was ₹26.00
• Hindustan Petroleum's trailing twelve-month (TTM) dividend yield is 5.06%
Hindustan Petroleum Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-08-09 | ₹11.00 | semi annually | 2024-09-22 |
| 2024-02-07 | ₹15.00 | semi annually | 2024-02-23 |
| 2022-08-22 | ₹14.00 | semi annually | 2022-09-29 |
| 2021-07-08 | ₹22.75 | semi annually | 2021-10-15 |
| 2020-07-02 | ₹9.75 | semi annually | 2020-10-16 |
| 2019-06-06 | ₹9.40 | semi annually | 2019-09-20 |
| 2019-02-14 | ₹6.50 | semi annually | 2019-03-06 |
| 2018-06-28 | ₹2.50 | semi annually | 2018-09-29 |
| 2018-02-28 | ₹14.50 | semi annually | 2018-03-08 |
| 2017-07-11 | ₹1.10 | semi annually | 2017-09-19 |
| 2017-03-24 | ₹6.40 | semi annually | 2017-03-31 |
| 2017-03-01 | ₹22.50 | semi annually | 2017-03-15 |
| 2016-07-28 | ₹16.00 | semi annually | 2016-10-08 |
| 2016-03-17 | ₹7.00 | semi annually | 2016-03-23 |
| 2016-02-11 | ₹11.50 | semi annually | 2016-02-18 |
| 2015-09-02 | ₹24.50 | semi annually | 2015-10-10 |
| 2014-08-12 | ₹15.50 | semi annually | 2014-10-05 |
| 2013-08-14 | ₹8.50 | semi annually | 2013-09-06 |
| 2012-08-30 | ₹8.50 | semi annually | 2012-09-21 |
Hindustan Petroleum Dividend per year
Hindustan Petroleum Dividend growth
Hindustan Petroleum Dividend Yield
Hindustan Petroleum current trailing twelve-month (TTM) dividend yield is 5.06%. Interested in purchasing Hindustan Petroleum stock? Use our calculator to estimate your expected dividend yield:
Hindustan Petroleum Financial Ratios
P/E ratio21.05
PEG ratio0.38
P/B ratio1.93
ROE9.09%
Payout ratio0.00%
Current ratio0.58
Quick ratio0.21
Cash Ratio0.00
Hindustan Petroleum Dividend FAQ
How much is the next Hindustan Petroleum dividend?
Hindustan Petroleum's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Hindustan Petroleum dividend. The next Hindustan Petroleum dividend will be released in .
When is Hindustan Petroleum dividend paid?
Hindustan Petroleum pays dividends on a semi annually basis. The specific dates may vary each year but are generally around . 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 Hindustan Petroleum pay?
The specific amount of Hindustan Petroleum 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 Hindustan Petroleum's dividend history.
Does Hindustan Petroleum stock pay dividends?
Yes, Hindustan Petroleum 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 Hindustan Petroleum's dividend history.
How much dividend does Hindustan Petroleum pay?
Hindustan Petroleum paid ₹26.0 in 2024, ₹0.0 in 2023, ₹14.0 in 2022, ₹22.75 in 2021, and ₹9.75 in 2020.
How often does Hindustan Petroleum pay dividends?
Hindustan Petroleum 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 .
What is Hindustan Petroleum's dividend yield?
The current dividend yield for Hindustan Petroleum is 5.06%. 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 Hindustan Petroleum's exact dividend yield.
When does Hindustan Petroleum go ex dividend?
Hindustan Petroleum's ex-dividend date for the latest dividend was on 2024-08-09. Hindustan Petroleum 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 Hindustan Petroleum dividend paid?
Hindustan Petroleum pays dividends on a semi annually basis, typically around , but the exact dates can vary each year.
Will Hindustan Petroleum 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 Hindustan Petroleum 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 Hindustan Petroleum dividend per share?
Hindustan Petroleum paid ₹26.0 per share in 2024 and ₹0.0 per share in 2023. The amount of dividend per share that Hindustan Petroleum 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 Hindustan Petroleum 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 Hindustan Petroleum 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 Hindustan Petroleum a dividend stock?
Yes, Hindustan Petroleum is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Hindustan Petroleum a good dividend stock?
Whether Hindustan Petroleum is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Hindustan Petroleum has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Hindustan Petroleum 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.
Other factors to consider when evaluating Hindustan Petroleum 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 Hindustan Petroleum pay dividends monthly?
Hindustan Petroleum typically pays dividends on a semi annually basis.
Does Hindustan Petroleum pay dividends quarterly?
Hindustan Petroleum currently pays dividends on a semi annually basis.
Has Hindustan Petroleum ever paid a dividend?
Yes, Hindustan Petroleum has a history of paying dividends to its shareholders. Hindustan Petroleum is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Hindustan Petroleum dividend stocks?
To buy Hindustan Petroleum 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 Hindustan Petroleum 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.
Place an order: Use the brokerage's trading platform to place an order to buy Hindustan Petroleum 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 Hindustan Petroleum pay dividends 2024?
Hindustan Petroleum pays dividends on a semi annually basis. 2024 dividend payments are in 2024-09-22. 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 Hindustan Petroleum increase its dividend in 2024?
Decisions regarding Hindustan Petroleum 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 Hindustan Petroleum dividend overview you can look into the above table of dividend history.
How Hindustan Petroleum dividend works?
The Hindustan Petroleum 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 Hindustan Petroleum's dividend process works:
1. Determination of Dividend: Hindustan Petroleum'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, Hindustan Petroleum 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, Hindustan Petroleum 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 Hindustan Petroleum 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.
1. Determination of Dividend: Hindustan Petroleum'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, Hindustan Petroleum 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, Hindustan Petroleum 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 Hindustan Petroleum 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 Hindustan Petroleum dividends paid?
Hindustan Petroleum dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Hindustan Petroleum 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, Hindustan Petroleum distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Hindustan Petroleum 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.
1. Record Date: Hindustan Petroleum 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, Hindustan Petroleum distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Hindustan Petroleum 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 Hindustan Petroleum pay dividends?
Hindustan Petroleum 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 Hindustan Petroleum pay dividends?
The general pattern is that Hindustan Petroleum pays dividends around . However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Hindustan Petroleum dividend safe?
The safety of Hindustan Petroleum'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 Hindustan Petroleum'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 Hindustan Petroleum'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.
To assess the safety of Hindustan Petroleum'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 Hindustan Petroleum'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.