Maharatna PSU Fixes Dividend Record Date For Shareholders; Stock Rally 18% In One Year; How To Get Eligible?

Maharatna PSU Dividend Record Date: Refineries and Marketing firm Hindustan Petroleum Corporation (HPCL) has announced a dividend for its shareholders. The Mega PSU stock ended 2.48% higher at Rs 415.10 per share on BSE on Wednesday, June 11.

The company has fixed a record date to determine the eligibility of its shareholders for the dividend payout. A company announces dividend to distribute a part of its profit among its shareholders. Most of the PSU stocks remain in demand among investors due to their consistent dividend payout.

HPCL Dividend

HPCL had announced a dividend of Rs 10 per equity share with a face value of Rs 10 each for financial year 2024-25 (FY25). "The Board of Directors in this meeting recommended the final dividend of Rs 10.50/- per equity share having face value of~ 10/-, subject to approval by the members of the Corporation," the company said in its BSE exchange on May 6.

The company's dividend payout is subjected to the approval of dividend payment by the members of the corporation.

HPCL Dividend Record Date

HPCL had fixed a dividend record date of August 14, 2025. Investors who will own HPCL on or before the record date are eligible to get HPCL dividend. The dividend payout will be made nearly 30 days from the date of declaration at the ensuing AGM.

HPCL Dividend: How To Become Eligible For Payout? Would You Be Liable For Tax?

A dividend is a share of the company's profit that it decides to distribute among eligible shareholders in the form of cash or stock reinvestment.
HPCL announced a dividend of Rs 10.5 per share. To become eligible for the HPCL dividend, it is important for shareholders to own the HPCL stock on or before dividend record date.

Eligible shareholders who will receive HPCL dividend may also require to pay tax deducted at source (TDS).

HPCL Q4 Result

Hindustan Petroleum Corporation Limited (HPCL) in May reported a net profit of Rs 3,355 crore in the March quarter. While its refineries recorded a highest-ever quarterly output of 6.74 MMT, HPCL's marketing segment delivered an outstanding performance registering a 2.7% year-on-year growth in domestic sales volume surpassing Industry growth rate of 2.4%. In a significant step, HPCL commenced operations at LNG Regassification Terminal at Chhara, Gujarat.

Company's revenue from operations stood at Rs.1,18,334 crore in Q4FY25 against Rs 1,21,533 crore in Q4 FY24. HPCL's Gross Refining Margin (GRM) stood at $ 8.44 per barrel against US$ 6.95 per barrel in same period in previous financial year. HPCL's FY25 growth included the optimum utilisation of its volume potential post the expansion and processed over 15 MMT of crude oil.

Similarly, Mumbai Refinery processed almost 10 MMT crude oil in an all-time high. HPCL also registered record-high sales volume of 49.82 MMT. This corresponded to a domestic market sales growth of 5.5%, and HPCL significantly outperformed the industry average growth rate of 4.2%. Additionally, HPCL also recorded its highest-ever pipeline throughput of 26.90 MMT during FY 2024-25, said the company in its press release.