PSU Dividend Dhamaka: THIS Indian Oil Subsidiary Announces 80% Dividend Payout: Do You Own? Check Record Date

Dividend Alert: Chennai Petroleum Corporation Limited shares will remain in focus next week as the Indian Oil subsidiary has fixed a dividend record date for the coming week. The PSU has announced an 80% interim dividend for the financial year 2025-26.

Chennai Petroleum Corporation shares ended 4.47% lower at Rs 958.35 per share on BSE with a market capitalisation of Rs 14,270.92 crore on Friday, March 27. The stock touched its intraday high of Rs 1028.10 per share and an intraday low of Rs 938.40 per share.

Chennai Petroleum Dividend

The company has announced an Rs 8 dividend for each share with a face value of Rs 10 each. "The Board of Directors at its meeting held on 26.03.2026, has declared Interim Dividend of Rs. 8/- per equity share of face value of Rs.10/- each for the financial year 2025-26. The interim dividend will be paid to the eligible shareholders on or before 25th April 2026," read the BSE filing released by Chennai Petroleum Corporation Limited on Thursday.

Chennai Petroleum Dividend Record Date

The company's board has fixed Thursday, April 2, as the dividend record date. "The Board has fixed Thursday, 2 nd April 2026 as the "record date" for the purpose of ascertaining the eligibility of shareholders for payment of Interim Dividend."

To become eligible for the dividend payout, it is important for shareholders to own the company shares on or before the dividend record date, i.e., April 2.

Chennai Petroleum Share Price Trend

The company scrip ended Friday's trading session in red. The stock touched to its 52-week high of Rs 1,103.00 per share on BSE on November 20, 2025. The stock dipped to its 52-week low mark of Rs 515.65 per share on BSE on April 7, 2025. The stock has a return on equity (ROE) of 28.24%. The stock has declined nearly 10% in one week, but has surged 4.4% in two weeks. Its total returns in the year 2026 stand at 13.28%, as of March 27.

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