Indian Oil Dividend
Dividend criteria checks 5/6
Indian Oil is a dividend paying company with a current yield of 2.91% that is well covered by earnings.
Key information
2.9%
Dividend yield
42%
Payout ratio
| Industry average yield | 1.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | ₹34.03 |
| Dividend yield forecast in 3Y | 4.7% |
Recent dividend updates
Recent updates
Indian Oil Corporation Limited (NSE:IOC) Held Back By Insufficient Growth Even After Shares Climb 29%
Feb 23
Indian Oil (NSE:IOC) Has A Pretty Healthy Balance Sheet
Feb 17Indian Oil Corporation Limited Beat Analyst Estimates: See What The Consensus Is Forecasting For Next Year
Jan 27Indian Oil (NSE:IOC) Is Reinvesting To Multiply In Value
Jan 24There's No Escaping Indian Oil Corporation Limited's (NSE:IOC) Muted Earnings
Dec 29Indian Oil (NSE:IOC) Could Be Struggling To Allocate Capital
Oct 07Indian Oil (NSE:IOC) Takes On Some Risk With Its Use Of Debt
Sep 12Returns On Capital At Indian Oil (NSE:IOC) Paint A Concerning Picture
Jun 29Indian Oil (NSE:IOC) Seems To Be Using A Lot Of Debt
Jun 08There Are Reasons To Feel Uneasy About Indian Oil's (NSE:IOC) Returns On Capital
Mar 12Indian Oil (NSE:IOC) Has No Shortage Of Debt
Dec 26Returns On Capital At Indian Oil (NSE:IOC) Paint A Concerning Picture
Nov 27Indian Oil (NSE:IOC) Seems To Be Using A Lot Of Debt
Sep 22Indian Oil Corporation Limited (NSE:IOC) Shares Could Be 31% Above Their Intrinsic Value Estimate
Aug 31Indian Oil (NSE:IOC) Might Be Having Difficulty Using Its Capital Effectively
Aug 10Indian Oil (NSE:IOC) Takes On Some Risk With Its Use Of Debt
Jun 24Indian Oil Corporation Limited's (NSE:IOC) Intrinsic Value Is Potentially 18% Below Its Share Price
Jun 02Indian Oil's (NSE:IOC) Returns Have Hit A Wall
May 12Indian Oil Corporation Limited's (NSE:IOC) Intrinsic Value Is Potentially 22% Below Its Share Price
Feb 25Stability and Growth of Payments
Fetching dividends data
Stable Dividend: IOC's dividend payments have been volatile in the past 10 years.
Growing Dividend: IOC's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Indian Oil Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (IOC) | 2.9% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Oil and Gas) | 1.8% |
| Analyst forecast in 3 Years (IOC) | 4.7% |
Notable Dividend: IOC's dividend (2.91%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: IOC's dividend (2.91%) is in the top 25% of dividend payers in the Indian market (1.18%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (42.2%), IOC's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (11.9%), IOC's dividend payments are thoroughly covered by cash flows.