IOC (Indian Oil Corporation) : Strategy for Dividend Income:-

 

IOC (Indian Oil Corporation) : Strategy for Dividend Income:-

 

IOC is a good PSU Stock. If we purchase IOC 1000 share @ 168,then we shall have to spend Rs.1,68000/- and we can earn Rs.7000/- (Final dividend declared on 30.04.2024) per year. And if we re-invest Rs.7000/- again then, we can more money. In this way, we can get good return from this stock.

Dividend History:-

Announcement Date	Effective Date		Dividend Type	Dividend(%)		Remarks
30/04/2024	12/07/2024		Final	70%		Rs.7.0000 per share(70%)Final Dividend
31/10/2023	10/11/2023		Interim	50%		Rs.5.0000 per share(50%)Interim Dividend
16/05/2023	28/07/2023		Final	30%		Rs.3.0000 per share(30%)Final Dividend
17/05/2022	11/08/2022		Final	24%		Rs.2.4000 per share(24%)Final Dividend
31/01/2022	09/02/2022		Interim	40%		Rs.4.0000 per share (40%) Second Interim Dividend
01/11/2021	11/11/2021		Interim	50%		Rs.5.0000 per share(50%)Interim Dividend
19/05/2021	05/08/2021		Final	15%		Rs.1.5000 per share(15%)Final Dividend
10/03/2021	23/03/2021		Interim	30%		Rs.3.0000 per share(30%)Interim Dividend
29/01/2021	09/02/2021		Interim	75%		Rs.7.5000 per share(75%)Interim Dividend
13/03/2020	23/03/2020		Interim	42%		Rs.4.2500 per share(42.5%)Interim Dividend
17/05/2019	21/08/2019		Final	10%		Rs.1.0000 per share(10%)Final Dividend
13/03/2019	27/03/2019		Interim	0%		Second Interim Dividend
13/12/2018	21/12/2018		Interim	68%		Rs.6.7500 per share(67.5%)Interim Dividend
22/05/2018	20/08/2018		Final	20%		Rs.2.0000 per share(20%)Final Dividend
30/01/2018	08/02/2018		Interim	190%		Rs.19.0000 per share(190%)Interim Dividend
26/05/2017	18/08/2017		Final	10%		Rs.1.0000 per share(10%)Final Dividend
23/03/2017	24/03/2017		Interim	45%		Rs.4.5000 per share(45%)Second Interim Dividend.
31/01/2017	09/02/2017		Interim	135%		Rs.13.5000 per share(135%)Interim Dividend.
27/05/2016	02/09/2016		Final	85%		Rs.8.5000 per share(85%)Final Dividend
12/02/2016	23/02/2016		Interim	55%		Rs.5.5000 per share(55%)Interim Dividend
29/05/2015	04/09/2015		Final	66%		Rs.6.6000 per share(66%)Dividend
29/05/2014	14/08/2014		Final	87%		Rs.8.7000 per share(87%)Dividend
30/05/2013	22/08/2013		Final	62%		Rs.6.2000 per share(62%)Dividend
28/05/2012	05/09/2012		Final	50%		Rs.5.00 per share(50%)Dividend
30/05/2011	15/09/2011		Final	95%
28/05/2010	08/09/2010		Final	130%
29/05/2009	02/09/2009		Final	75%
28/05/2008	09/09/2008		Final	55%		AGM
28/05/2007	10/09/2007		Final	130%
07/12/2006	26/12/2006		Interim	60%
26/05/2006	07/09/2006		Final	125%		AGM
30/05/2005	08/09/2005		Final	100%		AGM
07/12/2004	29/12/2004		Interim	45%
08/06/2004	23/08/2004		Final	160%		AGM
11/12/2003	01/01/2004		Interim	50%
23/06/2003	18/09/2003		Final	160%		AGM
02/01/2003	03/02/2003		Interim	50%
18/06/2002	12/09/2002		Final	110%		AGM
15/06/2001	27/08/2001		Final	95%		AGM
15/05/2000			Interim	40%		2nd Interim Dividend
31/01/2000			Interim	35%
02/06/1999			Final	130%		AGM & Dividend
Bonus History
Announcement Date		Bonus Ratio			Record Date		Ex-Bonus Date
17/05/2022		1 : 2			01/07/2022		30/06/2022
30/01/2018		1 : 1			17/03/2018		15/03/2018
29/08/2016		1 : 1			19/10/2016		18/10/2016
13/09/2009		1 : 1			30/10/2009		29/10/2009
06/06/2003		1 : 2			18/08/2003		14/08/2003
17/06/1999		1 : 1			14/10/1999		20/09/1999
12/09/1994		2 : 1