Lubricant Giant Castrol India 190% Dividend! Record Date Hits: Are You Eligible For The Big Payout?

Today was the last day to own the shares of Castrol India to be eligible for the dividend, a leading stock in the BSE 500 index, which has declared a final dividend of Rs. 9.50 per share for the financial year ending December 31, 2024. This payout includes a special dividend of Rs. 4.50 per share to commemorate the company's 125th global anniversary, making it a lucrative reward for long-term investors.

Castrol India Dividend 2025 Key Details

Castrol India has announced a Rs.9.50 per share dividend (190% of the Rs.5 face value) for 2025, rewarding investors with a significant payout. The record date is March 18, 2025, meaning shareholders holding the stock by this date will be eligible. With the T+1 settlement cycle, the ex-dividend date was March 17, 2025. The dividend payment is expected on or before April 23, 2025.

Are You Eligible for Castrol India's ₹9.50 Dividend?

To be eligible for the Castrol India final dividend, investors must own shares before the ex-dividend date. With T+1 settlement in the Indian stock market, investors need to buy the stock at least one trading day before the ex-dividend date to qualify for the payout.

Castrol India's Dividend History

Castrol India has established itself as a top dividend-paying stock in India, consistently rewarding investors with attractive yields. Its recent payouts include ₹3.50 per share (interim) in August 2024, ₹4.50 (final) in March 2024, ₹3.00 (interim) in August 2023, ₹3.50 (final) in May 2023, and ₹3.00 (interim) in August 2022,indicating a strong track record of regular dividends. With its steady payouts and high dividend yield, Castrol India continues to be a preferred choice for income-focused investors in the Indian stock market.

Castrol India Share Price Update

As of March 18, 2025, Castrol India's stock closed at ₹221.80 on the BSE, marking a 6.02% intraday gain. Over the past five days, the stock has declined by 5.84%, while it has gained 6.87% in the past month and 10.40% over the past year, reflecting a mix of short-term fluctuations and long-term growth.

About Castrol India Ltd.

Castrol India is a major player in the lubricants industry, producing and marketing a diverse range of automotive and industrial lubricants. The company specializes in motorcycle engine oils, brake fluids, chain lubricants, and greases, serving both retail and commercial markets. Established in 1910, Castrol India operates as a subsidiary of the BP Group, with a strong market presence and an extensive distribution network across the country.