Indian Oil Corp dividend plans and capex updates
after close1 source ↓written by the desknot a recommendation
Indian Oil Corp Ltd is set to pay a final dividend of ₹7.50 per share for FY 2023-24, pending shareholder approval at the upcoming AGM. The company continues to invest heavily in refining and petrochemicals, attracting significant interest from both domestic and global investors. This dividend announcement may enhance investor sentiment in the energy sector.
• Dividend approval on 17 May 2024
• Payment date to follow record date
• Core component of NSE Nifty energy universe
Not investment advice. For informational purposes only.