IOC Dividend Alert: Ex-Date Today August 8 for ₹3 Payout

Indian Oil Corporation Limited’s Board of Directors has declared and approved the dividend of ₹3 per equity share of face value of ₹10 each for the financial year ended March 31, 2025. 

Indian Oil Corporation Dividend Record Date

Indian Oil Corporation Ltd’s board has recommended a final dividend of 30% for FY 2024-25, amounting to ₹3.00 per equity share of face value ₹10 each, subject to shareholders’ approval at the upcoming Annual General Meeting (AGM).

The dividend will be paid within 30 days of its declaration at the AGM. The Company has fixed Friday, 8th August 2025, as the Record Date to determine the eligibility of shareholders for receiving the dividend.

Indian Oil Corporation Share Price Performance

On August 7, 2025, Indian Oil Corporation share price (NSE: IOC) opened at ₹141.01 and closed at ₹143.00, up by 0.51%. The stock price touched its day’s high at ₹143.00.

Also Read: Upcoming Dividends in August 2025!

About Indian Oil Corporation

Indian Oil Corporation Ltd, a Maharatna company under the Government of India, operates across the entire hydrocarbon value chain. Its business spans refining, pipeline transportation, and petroleum product marketing, as well as R&D, exploration and production, natural gas marketing, and petrochemicals. The company holds a leading position in India’s oil refining and petroleum marketing sector.

Conclusion 

The company had also declared a dividend of ₹7 per share in the previous year, with a record date of July 12, 2024. Shareholders must hold shares in a valid demat account as of the record date to be eligible for the dividend.

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