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Oil India Limited explores for, develops, and produces crude oil and natural gas in India and internationally. The company operates through Crude Oil, Natural Gas, Liquefied Petroleum Gas (LPG), Pipeline Transportation, and Renewal Energy segments. It is also involved in the transportation of crude oil and natural gas; and production of LPG, as well as in the provision of exploration and production related services. The company owns and operates 1,157 kilometers of cross-country crude oil pipelines; and 13 drilling rigs and 14 work-over rigs, as well as owns 10 crude oil pumping stations and 17 repeater stations in Assam, West Bengal, and Bihar states. It also generates energy through wind and solar power projects. In addition, the company has participating interests in NELP exploration blocks in Mahanadi Offshore, Mumbai Deepwater, Krishna Godavari Deepwater, etc., as well as in various projects in Libya, Gabon, the United States, Nigeria, Sudan, Yemen, Venezuela, Mozambique, Myanmar, Bangladesh, and Russia. Oil India Limited was founded in 1889 and is based in Noida, India.

Oil India Dividend Announcement

Oil India announced a quarterly dividend of ₹2.50 per ordinary share which will be made payable on 2024-10-14. Ex dividend date: 2024-08-30
Oil India annual dividend for 2024 was ₹11.00
Oil India annual dividend for 2023 was ₹19.00
Oil India's trailing twelve-month (TTM) dividend yield is 2.59%
Oil India's dividend growth over the last five years (2018-2023) was 4.84% year
Oil India's dividend growth over the last ten years (2013-2023) was -4.46% year

Oil India Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-08-30₹2.50quarterly2024-10-14
2024-03-18₹8.50quarterly
2023-11-22₹3.50quarterly2023-12-08
2023-08-25₹5.50quarterly2023-10-09
2023-02-22₹10.00quarterly2023-03-12
2022-11-21₹4.50quarterly2022-12-10
2022-09-15₹5.00quarterly2022-10-23
2022-02-22₹5.75quarterly2022-03-13
2021-11-23₹3.50quarterly2021-12-10
2021-09-16₹1.50quarterly2021-10-25
2021-02-23₹3.50quarterly2021-03-12
2020-09-21₹1.60quarterly2020-10-28
2020-02-20₹9.00quarterly2020-03-10
2019-08-08₹1.75quarterly2019-09-16
2019-02-21₹8.50quarterly2019-03-13
2018-09-12₹1.00quarterly2018-10-21
2018-02-21₹14.00quarterly2018-03-10
2017-09-14₹4.75quarterly2017-10-23
2017-02-13₹9.50quarterly2017-03-02
2016-09-15₹8.00quarterly2016-10-24
2016-01-19₹8.00quarterly2016-02-10
2015-09-16₹10.00quarterly2015-10-24
2015-03-24₹10.00quarterly2015-04-17
2014-09-18₹0.50quarterly2014-10-25
2014-03-26₹10.00quarterly2014-04-19
2014-02-03₹11.00quarterly2014-02-25
2013-09-12₹7.00quarterly2013-10-15
2013-03-21₹12.00quarterly2013-04-10
2013-01-23₹11.00quarterly2013-02-15

Oil India Dividend per year

Oil India Dividend growth

Oil India Dividend Yield

Oil India current trailing twelve-month (TTM) dividend yield is 2.59%. Interested in purchasing Oil India stock? Use our calculator to estimate your expected dividend yield:

Oil India Financial Ratios

P/E ratio13.39
PEG ratio0.13
P/B ratio1.73
ROE14.69%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00

Oil India Dividend FAQ

How much is the next Oil India dividend?
Oil 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 Oil India dividend. The next Oil India dividend will be released in February, August, or November.
When is Oil India dividend paid?
Oil India 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 India pay?
The specific amount of Oil 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 Oil India's dividend history.
Does Oil India stock pay dividends?
Yes, Oil 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 Oil India's dividend history.
How much dividend does Oil India pay?
Oil India paid ₹11.0 in 2024, ₹19.0 in 2023, ₹15.25 in 2022, ₹8.5 in 2021, and ₹10.6 in 2020.
How often does Oil India pay dividends?
Oil India 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 India's dividend yield?
The current dividend yield for Oil India is 2.59%. 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 India's exact dividend yield.
When does Oil India go ex dividend?
Oil India's ex-dividend date for the latest dividend was on 2024-08-30. Oil 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 Oil India dividend paid?
Oil India pays dividends on a quarterly basis, typically around February, August, or November, but the exact dates can vary each year.
Will Oil 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 Oil 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 Oil India dividend per share?
Oil India paid ₹11.0 per share in 2024 and ₹19.0 per share in 2023. The amount of dividend per share that Oil 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 Oil 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 Oil 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 Oil India a dividend stock?
Yes, Oil India is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Oil India a good dividend stock?
Whether Oil 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. Oil India has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Oil 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 Oil India pay dividends monthly?
Oil India typically pays dividends on a quarterly basis.
Does Oil India pay dividends quarterly?
Oil India currently pays dividends on a quarterly basis.
Has Oil India ever paid a dividend?
Yes, Oil India has a history of paying dividends to its shareholders. Oil India is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Oil India dividend stocks?
To buy Oil 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 Oil 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 Oil India pay dividends 2024?
Oil India pays dividends on a quarterly basis. 2024 dividend payments are in 2024-10-14. 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 India increase its dividend in 2024?
Decisions regarding Oil 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 Oil India dividend overview you can look into the above table of dividend history.
How Oil India dividend works?
The Oil 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 Oil India's dividend process works:

1. Determination of Dividend: Oil 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, Oil 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, Oil 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 Oil 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 Oil India dividends paid?
Oil India dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Oil 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, Oil 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: Oil 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 Oil India pay dividends?
Oil India 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 India pay dividends?
The general pattern is that Oil India 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 India dividend safe?
The safety of Oil 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 Oil 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 Oil 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.