Indian Oil Corporation Declares ₹2 per Share Dividend, Sets Record Date and Income Tax Compliance Details
Indian Oil Corporation (IOC) Declares Second Interim Dividend
Indian Oil Corporation (IOC), a Maharatna oil PSU, announced a second interim dividend of ₹2 per share of the face value of ₹10 each on March 6, 2026. The Board of Directors declared the dividend at its meeting held on the same day for the financial year 2025-26.
The record date for determining shareholders eligible to receive the dividend has been fixed as Thursday, March 12, 2026. Under the T+1 settlement system followed by the Indian stock market, investors must purchase the PSU stock on or before March 11 to enjoy the dividend benefits. Those who buy on the record date will miss out on the dividend.
Read also: Treasury Yields Experience Largest Increase in Two Weeks Following Release of Labor Market Data
Investor Takeaway
Investors should purchase Indian Oil Corporation stock on or before March 11 to receive the declared dividend.
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