PSU Dividend Delight: THIS Maharatna PSU Fixes Record Date For 12% Dividend | Do You Own?

Dividend Update: Indian Oil Corporation Limited share price ended higher on Tuesday, June 30, after the Maharatna PSU announced the record date for the dividend recommended for the financial year 2025-26. IOC's board of directors had earlier announced a final dividend for FY26.

IOC share price closed 0.14% higher at Rs 139.4 per share on BSE with a market capitalisation of Rs 1,96,850.06 crore on Tuesday. The Maharatna stock had touched an intraday high of Rs 140.30 per share and an intraday low of Rs 138.40 per share.

IOC Dividend

IOC's board of directors had recommended a 12% final dividend for FY26. Investors must own the stock before the record date to become eligible for the payout.

"Board has recommended a final dividend of 12.5% for the year 2025-26 i.e. Rs. 1.25 per equity share of face value of Rs.10/- each on the paid-up share capital, subject to the approval of the shareholders at the ensuing Annual General Meeting (AGM) of the Company," read the company's BSE filing released earlier.

The final dividend would be paid within 30 days from the date of declaration at the AGM.

IOC Dividend Record Date

The company has fixed Friday, August 14 as the dividend record date. Investors must own the stock before the dividend record date to become eligible for the payout. "It is hereby informed that the Board at its meeting held today i.e. 30th June 2026 has fixed Friday, 14th August 2026 as Record Date to determine eligibility of shareholders to receive the dividend of Rs. 1.25 per equity share of the Company for the financial year 2025-26," read an IOC BSE filing released on Tuesday.

IOC Share Price Trend

IOC share price closed higher on Tuesday. The stock had touched its 52-week high mark of Rs 188.90 per share on February 27, 2026 and dipped to its 52-week low mark of Rs 130.30 per share on April 4, 2026. The stock has a return on equity (ROE) of 21.2%. Its share price value has declined 15.92% year to date (YTD). However, the stock has delivered 52.77% return in three years.

Disclaimer: The views and recommendations expressed are solely those of the individual analysts or entities and do not reflect the views of Goodreturns.in or Greynium Information Technologies Private Limited (together referred as "we"). We do not guarantee, endorse or take responsibility for the accuracy, completeness or reliability of any content, nor do we provide any investment advice or solicit the purchase or sale of securities. All information is provided for informational and educational purposes only and should be independently verified from licensed financial advisors before making any investment decisions.