Oil and Natural Gas Corporation Limited explores for, develops, and produces crude oil and natural gas in India and internationally. It operates through two segments, Exploration and Production, and Refining & Marketing. The company also engages in the refining and marketing of petroleum products; transportation of oil and natural gas; and production of liquefied petroleum gas, butane, ethane/propane, naphtha, kerosene oil, low sulphur heavy stock, aviation turbine fuel, mineral turpentine oil, carbon credits, and diesel. In addition, it generates electric power through 726.6 megawatts (MW) gas-based power project in Tripura; a 51 MW wind power project in Bhuj, Gujarat; and a 102 MW wind power project in Jaisalmer, Rajasthan, as well as generates solar power through a total installed capacity of 31.3 MW. The company was incorporated in 1993 and is based in New Delhi, India.
Oil and Natural Gas Dividend Announcement
• Oil and Natural Gas announced a quarterly dividend of ₹6.00 per ordinary share which will be made payable on 2024-12-11. Ex dividend date: 2024-11-19
• Oil and Natural Gas annual dividend for 2024 was ₹12.50
• Oil and Natural Gas annual dividend for 2023 was ₹10.25
• Oil and Natural Gas's trailing twelve-month (TTM) dividend yield is 4.85%
• Oil and Natural Gas's dividend growth over the last five years (2018-2023) was 23.28% year
• Oil and Natural Gas's dividend growth over the last ten years (2013-2023) was 0.76% year
Oil and Natural Gas Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-19 | ₹6.00 | quarterly | 2024-12-11 |
2024-08-23 | ₹2.50 | quarterly | 2024-09-29 |
2024-02-16 | ₹4.00 | quarterly | |
2023-11-21 | ₹5.75 | quarterly | 2023-12-10 |
2023-08-18 | ₹0.50 | quarterly | 2023-10-28 |
2023-02-24 | ₹4.00 | quarterly | 2023-03-02 |
2022-11-21 | ₹6.75 | quarterly | 2022-11-25 |
2022-08-18 | ₹3.25 | quarterly | 2022-09-28 |
2022-02-21 | ₹1.75 | quarterly | 2022-03-12 |
2021-11-22 | ₹5.50 | quarterly | 2021-12-11 |
2021-09-08 | ₹1.85 | quarterly | 2021-10-24 |
2021-02-17 | ₹1.75 | quarterly | 2021-03-15 |
2020-03-23 | ₹5.00 | quarterly | 2020-04-14 |
2019-08-22 | ₹0.75 | quarterly | 2019-09-29 |
2019-03-26 | ₹1.00 | quarterly | 2019-04-22 |
2019-02-28 | ₹5.25 | quarterly | 2019-03-06 |
2018-09-19 | ₹1.35 | quarterly | 2018-10-28 |
2018-03-13 | ₹2.25 | quarterly | 2018-03-29 |
2017-11-03 | ₹3.00 | quarterly | 2017-11-27 |
2017-09-21 | ₹0.80 | quarterly | 2017-10-27 |
2017-02-07 | ₹2.25 | quarterly | 2017-03-02 |
2016-11-03 | ₹4.50 | quarterly | 2016-11-07 |
2016-08-31 | ₹3.25 | quarterly | 2016-10-08 |
2016-03-16 | ₹0.75 | quarterly | 2016-05-01 |
2015-11-10 | ₹4.50 | quarterly | 2015-12-06 |
2015-09-07 | ₹0.50 | quarterly | 2015-10-15 |
2015-03-24 | ₹4.00 | quarterly | 2015-04-19 |
2014-12-16 | ₹5.00 | quarterly | 2015-01-11 |
2014-09-11 | ₹0.25 | quarterly | 2014-10-19 |
2014-03-27 | ₹4.25 | quarterly | 2014-04-23 |
2013-12-10 | ₹5.00 | quarterly | 2014-01-05 |
2013-09-17 | ₹0.50 | quarterly | 2013-10-25 |
2013-03-22 | ₹4.00 | quarterly | 2013-04-19 |
Oil and Natural Gas Dividend per year
Oil and Natural Gas Dividend growth
Oil and Natural Gas Dividend Yield
Oil and Natural Gas current trailing twelve-month (TTM) dividend yield is 4.85%. Interested in purchasing Oil and Natural Gas stock? Use our calculator to estimate your expected dividend yield:
Oil and Natural Gas Financial Ratios
Oil and Natural Gas Dividend FAQ
Other factors to consider when evaluating Oil and Natural Gas 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.
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1. Determination of Dividend: Oil and Natural Gas'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, Oil and Natural Gas 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, Oil and Natural Gas 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 Oil and Natural Gas 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. Record Date: Oil and Natural Gas 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, Oil and Natural Gas distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Oil and Natural Gas 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.
To assess the safety of Oil and Natural Gas'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 Oil and Natural Gas'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.