Indian Oil Corporation (IOC) is a major player in the Indian energy sector, and its dividend announcements are closely watched by investors. As of Monday, April 21, 2025, there has been no official announcement regarding the final dividend date for the financial year 2024-2025. Â
However, based on recent developments and historical trends, we can provide some insights. The Board of Directors of Indian Oil Corporation is scheduled to hold a meeting on Wednesday, April 30, 2025. According to the company’s exchange filing on April 17, 2025, one of the key agendas of this meeting is to consider and approve the audited financial results for the quarter and year ended March 31, 2025. Â
Significantly, the same filing also stated that the Board may consider the declaration of a dividend for the financial year 2024-25 during this meeting. This implies that the announcement of the final dividend is likely to coincide with the announcement of the Q4 and full-year financial results on April 30, 2025.
While the dividend amount and the record date will be declared by the Board during the meeting, historical data can give us an idea of IOC’s dividend practices. In the previous financial year (2023-2024), IOC paid a total dividend of ₹7 per share as the final dividend, with an ex-dividend date of July 12, 2024. Additionally, the company had also distributed interim dividends during that year.
Investors should note that the actual dividend payout for FY 2024-25 will depend on the company’s financial performance and the Board’s recommendations. It is advisable to monitor the official announcements from Indian Oil Corporation on the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE) websites for the most accurate and up-to-date information regarding the dividend declaration, record date, and payment date. Financial news websites and brokerage platforms will also provide timely updates on this matter.
Indian Oil has a consistent track record of rewarding its shareholders with dividends. Any announcement of a final dividend will be a significant event for its large investor base. The dividend yield of IOC stock is also an important factor for investors, as it provides a measure of the return on investment from dividends. As of April 21, 2025, the dividend yield has been reported to be in the range of 5% to 9% based on previous payouts and the current share price. Â
In summary, while the official dividend date for FY 2024-25 is yet to be announced, all eyes are on the Board meeting scheduled for April 30, 2025, where this crucial information is expected to be revealed along with the company’s financial performance. Investors are advised to stay tuned for these announcements.
