Indian Oil Announces ₹2 Interim Dividend for FY26; March 12 Set as Record Date
State-run energy giant Indian Oil Corporation Limited has declared a second interim dividend of ₹2 per share for the financial year 2025–26, continuing its consistent approach of rewarding shareholders while maintaining steady financial performance.
Board Approves Dividend Payout
The company’s board of directors approved a 20% interim dividend, which translates to ₹2 per equity share with a face value of ₹10.
The decision was taken during the latest board meeting after the company had earlier notified stock exchanges that the board would review the possibility of an interim dividend.
Eligible shareholders will receive the dividend on or before April 5, 2026, with the amount expected to be credited directly to their registered bank accounts.
Record Date for Shareholders
Indian Oil has fixed March 12, 2026, as the record date for determining shareholder eligibility for the dividend.
Investors whose names appear in the company’s shareholder records on this date will qualify for the payout. The ex-dividend date is also March 12, which means investors must purchase the shares before this date to become eligible for the dividend.
Track Record of Dividend Payments
Indian Oil has maintained a regular dividend distribution history, reflecting its commitment to sharing profits with investors.
Recent payouts include:
- ₹5 per share interim dividend in December 2025
- ₹3 per share final dividend in August 2025
- ₹7 per share final dividend in the previous financial year, with the record date set for July 12, 2024
- ₹5 per share interim dividend distributed in November 2023
This consistent dividend pattern highlights the company’s effort to provide stable returns to shareholders alongside its operational performance.
Summary
Indian Oil Corporation Limited has announced a second interim dividend of ₹2 per share for FY26, with March 12, 2026, set as the record date to determine eligible shareholders. The dividend will be paid on or before April 5, 2026. The announcement reflects the company’s ongoing strategy of maintaining regular dividend payouts and rewarding investors.
Disclaimer
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