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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 ₹2.50 per ordinary share which will be made payable on 2024-09-29. Ex dividend date: 2024-08-23
Oil and Natural Gas annual dividend for 2024 was ₹6.50
Oil and Natural Gas annual dividend for 2023 was ₹10.25
Oil and Natural Gas's trailing twelve-month (TTM) dividend yield is 4.23%
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 dateDividend amountDividend typePay date
2024-08-23₹2.50quarterly2024-09-29
2024-02-16₹4.00quarterly
2023-11-21₹5.75quarterly2023-12-10
2023-08-18₹0.50quarterly2023-10-28
2023-02-24₹4.00quarterly2023-03-02
2022-11-21₹6.75quarterly2022-11-25
2022-08-18₹3.25quarterly2022-09-28
2022-02-21₹1.75quarterly2022-03-12
2021-11-22₹5.50quarterly2021-12-11
2021-09-08₹1.85quarterly2021-10-24
2021-02-17₹1.75quarterly2021-03-15
2020-03-23₹5.00quarterly2020-04-14
2019-08-22₹0.75quarterly2019-09-29
2019-03-26₹1.00quarterly2019-04-22
2019-02-28₹5.25quarterly2019-03-06
2018-09-19₹1.35quarterly2018-10-28
2018-03-13₹2.25quarterly2018-03-29
2017-11-03₹3.00quarterly2017-11-27
2017-09-21₹0.80quarterly2017-10-27
2017-02-07₹2.25quarterly2017-03-02
2016-11-03₹4.50quarterly2016-11-07
2016-08-31₹3.25quarterly2016-10-08
2016-03-16₹0.75quarterly2016-05-01
2015-11-10₹4.50quarterly2015-12-06
2015-09-07₹0.50quarterly2015-10-15
2015-03-24₹4.00quarterly2015-04-19
2014-12-16₹5.00quarterly2015-01-11
2014-09-11₹0.25quarterly2014-10-19
2014-03-27₹4.25quarterly2014-04-23
2013-12-10₹5.00quarterly2014-01-05
2013-09-17₹0.50quarterly2013-10-25
2013-03-22₹4.00quarterly2013-04-19

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 4.23%. Interested in purchasing Oil and Natural Gas stock? Use our calculator to estimate your expected dividend yield:

Oil and Natural Gas Financial Ratios

P/E ratio8.09
PEG ratio2.76
P/B ratio1.00
ROE13.36%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00

Oil and Natural Gas Dividend FAQ

How much is the next Oil and Natural Gas dividend?
Oil and Natural Gas's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Oil and Natural Gas dividend. The next Oil and Natural Gas dividend will be released in February, August, or November.
When is Oil and Natural Gas dividend paid?
Oil and Natural Gas pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, August, and November. 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 Oil and Natural Gas pay?
The specific amount of Oil and Natural Gas 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 Oil and Natural Gas's dividend history.
Does Oil and Natural Gas stock pay dividends?
Yes, Oil and Natural Gas 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 Oil and Natural Gas's dividend history.
How much dividend does Oil and Natural Gas pay?
Oil and Natural Gas paid ₹6.5 in 2024, ₹10.25 in 2023, ₹11.75 in 2022, ₹9.1 in 2021, and ₹5.0 in 2020.
How often does Oil and Natural Gas pay dividends?
Oil and Natural Gas typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around February, August, and November.
What is Oil and Natural Gas's dividend yield?
The current dividend yield for Oil and Natural Gas is 4.23%. 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 Oil and Natural Gas's exact dividend yield.
When does Oil and Natural Gas go ex dividend?
Oil and Natural Gas's ex-dividend date for the latest dividend was on 2024-08-23. Oil and Natural Gas 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 Oil and Natural Gas dividend paid?
Oil and Natural Gas pays dividends on a quarterly basis, typically around February, August, or November, but the exact dates can vary each year.
Will Oil and Natural Gas 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 Oil and Natural Gas 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 Oil and Natural Gas dividend per share?
Oil and Natural Gas paid ₹6.5 per share in 2024 and ₹10.25 per share in 2023. The amount of dividend per share that Oil and Natural Gas 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 Oil and Natural Gas 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 Oil and Natural Gas 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 Oil and Natural Gas a dividend stock?
Yes, Oil and Natural Gas is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Oil and Natural Gas a good dividend stock?
Whether Oil and Natural Gas is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Oil and Natural Gas has a history of paying regular dividends, which can make it attractive to income-focused investors.

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.
Does Oil and Natural Gas pay dividends monthly?
Oil and Natural Gas typically pays dividends on a quarterly basis.
Does Oil and Natural Gas pay dividends quarterly?
Oil and Natural Gas currently pays dividends on a quarterly basis.
Has Oil and Natural Gas ever paid a dividend?
Yes, Oil and Natural Gas has a history of paying dividends to its shareholders. Oil and Natural Gas is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Oil and Natural Gas dividend stocks?
To buy Oil and Natural Gas 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 Oil and Natural Gas 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 Oil and Natural Gas pay dividends 2024?
Oil and Natural Gas pays dividends on a quarterly basis. 2024 dividend payments are in 2024-09-29. 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 Oil and Natural Gas increase its dividend in 2024?
Decisions regarding Oil and Natural Gas 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 Oil and Natural Gas dividend overview you can look into the above table of dividend history.
How Oil and Natural Gas dividend works?
The Oil and Natural Gas 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 Oil and Natural Gas's dividend process works:

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.
How are Oil and Natural Gas dividends paid?
Oil and Natural Gas dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

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.
How many times does Oil and Natural Gas pay dividends?
Oil and Natural Gas typically pays dividends on a quarterly 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 Oil and Natural Gas pay dividends?
The general pattern is that Oil and Natural Gas pays dividends around February, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Oil and Natural Gas dividend safe?
The safety of Oil and Natural Gas'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 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.