News: Oil India, one of the leading oil exploration and production companies in India, has a history of rewarding its shareholders with generous dividends. Here’s a comprehensive look at the Oil India Dividend for 2024, including the record date, payment date, share price history, and more.
Oil India Dividend 2024
For the fiscal year ending in March 2024, Oil India has declared an equity dividend. The dividend yield is calculated based on the current share price.
Record Date and Payment Date
The record date is a crucial date set by the company to determine which shareholders are eligible to receive the dividend. The payment date is the date on which the dividend will be paid to the shareholders.
Share Price History
The share price of Oil India has seen various ups and downs over the years. The price is influenced by several factors, including the company’s financial performance, market conditions, and investor sentiment.
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About Oil India :
Oil India Limited (OIL) is a central public sector undertaking and a leading national oil company in India. Engaged in the business of exploration, development, and production of crude oil and natural gas, OIL has made significant contributions to India’s energy sector.
A Brief History
Oil India was formed by the Burmah Oil Company Limited as its subsidiary in India in 1887. The company’s history spans the discovery of crude oil in India in the year 1889, this was second in the World in the far east of India at Digboi and Naharkatiya, Assam.
Operations and Achievements
OIL’s operations extend beyond the borders of India, with the company operating in more than 9 locations overseas. Recently, OIL acquired majority shares in Numaligarh Refinery Limited from Bharat Petroleum Corporation Limited, thus making Numaligarh Refinery Limited a subsidiary of OIL.
Oil India continues to be a rewarding investment for its shareholders. Stay tuned for more updates on the Oil India Dividend 2024, record date, payment date, and share price history.
FAQs
Q1: What is the Oil India Dividend for 2024?
The exact dividend amount for 2024 has not been disclosed yet. However, Oil India has a history of declaring generous dividends.
Q2: When is the record date for the Oil India Dividend 2024?
The record date for the Oil India Dividend 2024 has not been announced yet.
Q3: When is the payment date for the Oil India Dividend 2024?
The payment date for the Oil India Dividend 2024 has not been announced yet.
Q4: What is the share price history of Oil India?
The share price of Oil India has seen various ups and downs over the years. The price is influenced by several factors, including the company’s financial performance, market conditions, and investor sentiment.
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