Oil India Dividend Alert: Last Day to Buy Shares for ₹3.50 Interim Dividend Payout Today

Duliajan, November 20: The shares of Oil India will trade ex-dividend tomorrow, on November 21. An ex-dividend date is the date before which investors must hold or buy the shares of a company to be eligible for its dividend payout. Since Oil India has set the ex-dividend date tomorrow for its ₹3.50 per share dividend, today is the last day for investors to buy its shares.

Oil India Ltd (NSE: OIL, BSE: 533106) is a Maharatna Central Public Sector Undertaking (CPSE) of the Government of India and is the country’s second-largest national oil and gas company. It is a petroleum company engaged in the hydrocarbon business. The company was established in 1959, and is headquartered in Duliajan, Assam.

Oil India Dividend Details

Oil India has declared an interim dividend of ₹3.50 per share on the equity share of face value ₹10. The company has set both the ex-date and record date as tomorrow. The record date is the date on which a company reviews its shareholders’ list to determine shareholders eligible for the dividend payout.

Oil India Dividend History (Recent Years)

2025:

• Interim Dividend: ₹3.50 per share – Ex-date: 21-Nov-2025
• Final Dividend: ₹1.50 per share – Ex-date: 04-Sep-2025
• Interim Dividend: ₹7.00 per share – Ex-date: 17-Feb-2025

2024: 

• Interim Dividend: ₹3.00 per share – Ex-date: 14-Nov-2024
• Final Dividend: ₹2.50 per share – Ex-date: 30-Aug-2024
• Bonus Issue: 1:2 ratio – Ex-date: 02-Jul-2024
• Interim Dividend: ₹8.50 per share – Ex-date: 18-Mar-2024

2023:

• Interim Dividend: ₹3.50 per share – Ex-date: 22-Nov-2023
• Final Dividend: ₹5.50 per share – Ex-date: 25-Aug-2023
• Interim Dividend: ₹10.00 per share – Ex-date: 22-Feb-2023

2022: 

• Interim Dividend: ₹4.50 per share – Ex-date: 21-Nov-2022
• Final Dividend: ₹5.00 per share – Ex-date: 15-Sep-2022
• Interim Dividend: ₹5.75 per share – Ex-date: 22-Feb-2022

Shares Rise 0.18% to ₹169.64

As of 11:30 AM, Oil India’s share price was up 0.18%, or 0.31 points, and was trading at ₹169.64. Until now, the shares have traded within a range of ₹170.70 and ₹168.90. The traded volume stands at 39.09 lakh shares, with the company’s market cap at ₹2,39,115 crore.

Investor Takeaway

Oil India has announced a dividend payout of ₹3.50 per share. The dividend payout is aimed at rewarding shareholders, who will get monetary benefits based on the number of shares they hold. However, dividends are only provided to eligible shareholders who hold or buy the shares of the company before the ex-dividend date. Hence, investors who want to benefit from the Oil India dividend payout must buy the shares of the company before the end of today’s trading session.

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