Corporate Action :
Corporate actions include mergers, acquisitions, spin-offs, issuance/declaration of dividends, share splits, bonus shares/stock issues or rights issues.
Corporate news – Any action taken by a company (by its board of directors) that has a direct impact on the company and its shareholders.
What is dividend declaration?
Many companies distribute some part of their profits to shareholders in the form of dividends. Dividend payments are a way to provide shareholders with returns on their investments. The board of directors issues a declaration stating how much money will be paid and when.
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| Sarkari Company OIL Declared ₹8.5 Dividend Per Share IDCW ― March-2024 |
➤ OIL Ltd. Dividend Announcement 2024 :
The Board of Directors of Oil India Ltd. (OIL) in their meeting held on March 08, 2024 has approved the second interim dividend of ₹8.5 (85%) per equity share for the Financial Year 2023-24.
➤ OIL Dividend Record Date 2024 :
The "Record Date" for the third Interim Dividend is fixed as March 18, 2024 for dividend payment purpose.
The record date is the cut-off date that helps companies determine which shareholders are eligible to receive dividend distributions.
➤ Oil India Ltd. Dividend Payment Date :
The dividend payment will be paid, either in electronic or physical mode, The Second Interim Dividend 2023-24 will be paid on or before 07th April, 2024, to those members whose names appear in the Register of Members or in the Register of Beneficial Owners maintained by the Depository as on March 18, 2024.
➤ Oil India Limited Dividend History :
Click Here for see dividend history