Dividend Dhamaka: THIS Maharatna PSU To Pay 20% Dividend | How To Get Eligible Before Record Date?

Dividend Alert: Shares of Indian Oil Corporation Limited (IOCL) will remain in focus this week, as the Maharatna Public Sector Undertaking (PSU) will determine the eligibility of shareholders for the second interim dividend announced for the financial year 2025-26.
IOCL shares closed 1.69% lower at Rs 168.6 per share on BSE with a market capitalisation of Rs 2,38,084.08 crore on Friday, March 6.

The stock had dipped to an intraday high of Rs 173 per share and an intraday low of Rs 168 per share on Friday, March 6.

IOCL Dividend

The company's board of directors had approved a 20% dividend for the financial year 2025-26. "The Board of Directors at its meeting held today, has declared 2TM Interim Dividend of 20% i.e. Rs. 2.00 per equity share of face value of Rs.10/- each for the financial year 2025-26. The 2TM interim dividend will be paid to the eligible shareholders on or before 5" April 2026," read a BSE filing released by IOCL on 6 March.

Indian Oil Dividend Record Date: How To Get Eligible Before Record Date?

To become eligible for the record date, it is important for Indian Oil Corporation shareholders to own the company shares on or before the dividend record date. The company's board has fixed March 12 as the dividend record date.

"The Board has fixed Thursday, 12 March 2026 as the "record date" for the purpose of ascertaining the eligibility of shareholders for payment of 2TM Interim Dividend."

Indian Oil Share Price Trend

Indian Oil shares ended lower on Friday, March 6. The stock had touched a 52-week high mark of Rs 188.90 per share on BSE on 27 February, 2026. The stock had dipped to a 52-week low of Rs 120.05 per share on 11 March, 2025. Indian Oil share price has a return on equity (ROE) of 18.76%.

The stock value has declined around 3.71% in one month. But it has surged around 20.69% in six months.

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